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Are Annual Raises Dead? Only If You Don’t Want to Gain a Competitive Advantage

TLNT: The Business of HR

An article last week from CNBC , with data from Towers Watson and Aon Hewitt, showed that the annual pay raise is essentially dead (and in Towers Watson’s case, bonus pools will also be underfunded).

AON 40
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After Years of 3% Increases, Where Have All the Good Raises Gone?

TLNT: The Business of HR

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. Aon Hewitt did not even start tracking short-term rewards and bonuses — known as variable compensation — until 1988, when they accounted for an average of 3.9 percent of payrolls.

AON 40
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Here It Comes: The Consolidation Acceleration

Limeade

Machine Learning, AI, robots, the gig economy and the majority of all the other HR trends stories all point to one thing: technology is enabling new actions that are reshaping the way we work. Similarly, in HR technology, we’ve already seen a few rounds of this, most recently with talent management. Who is Buying?