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Summary:

The HR Technology Conference 2023 was held in Las Vegas, Nevada in October 2023 and our very own David Turetsky and Katie Stukowski presented on the pay trends that will dominate 2024. 

In recent years, the landscape of pay practices has undergone significant transformations. From employee demands for greater pay transparency and equity, to the growing importance of accurate job descriptions and skills assessments, to the unpredictable twists of a volatile economy, HR teams are adapting at lightning speed. This session will review anticipated pay trends for 2024 and how employers can use data and technology to stay ahead of these developments.

In this episode, David and Katie talk about salary trends, pay equity trends, technology trends, and more. 

Chapters:

[0:00 - 3:30] Introduction

[3:31 - 18:32] Business and compensation trends

[18:33 - 38:54] Pay equity and the skills taxonomy

[38:55 - 54:03] Competitive pay and market pricing

[54:04 - 56:47] Closing

• Thanks for listening!

Quotes:

“Compensation is the link between the employee and the employer to build the trust that they are valued within that organization, and you can’t get compensation right without accurate job descriptions.”

“Pay equity is the right thing to do. That’s equal pay for comparable work that is internally equitable, externally competitive, and transparently communicated.”

Resources:
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Contact:
David's LinkedIn
Katie's LinkedIn
Podcast Manger: Karissa Harris
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Production by Affogato Media

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Produced by Affogato Media