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Korn Ferry's Global Total Rewards Pulse Survey

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You’ve built a total rewards strategy to help you find and keep top talent—but is it keeping pace with your peers, and the wider market? 

Korn Ferry’s Annual Global Total Rewards Pulse Survey gathers insights from organizations worldwide, offering the latest data on total rewards programs, benefits, and salary benchmarking.  

If you design, create, and update total rewards packages for your organization, this is an essential read. 

10th Global Total Rewards Pulse Survey—the Results Are In

The results of our latest survey are out now: Managing Rewards in Challenging Economic Times—conducted in May 2024.  

Amid a tough economic environment, organizations are grappling with talent shortages, demand imbalances, and shifting regulations. To remain competitive, they’re adapting their rewards strategies to align with new business goals and talent needs. 

In our latest survey, nearly 3,000 HR and total rewards leaders from more than 130 countries revealed how they are evolving total rewards programs, benefits, and cost-saving measures in 2024. 

Key takeaways: 

  • 84% of organizations are using targeted strategies to incentivize top performers, including accelerated promotions, career development, and off-cycle salary increases. 
  • 61% of leaders say their employees do not understand the current rewards strategy, indicating a strong need for clearer communication. 
  • Career development remains the top focus for employee engagement and retention. 

Answering This Year’s Big Questions Around Total Rewards

As well as digging into the 2025 salary forecasts, our new survey will help you answer questions, such as: 

  • What are the best practices around off-cycle pay increases to help improve engagement and reduce attrition? 
  • How should I implement cost-saving measures, such as budget cuts, hiring freezes, and early retirement packages? 
  • What message am I hoping to communicate to employees through salary increases, particularly around performance differentiation?  

Do you want to discover the latest total rewards strategy insights to give your company a competitive edge with talent, improve retention, and increase ROI?

  • Find out how your peers are updating their total rewards strategies 
  • Delve into the latest salary increase forecasts 
  • Benchmark total rewards trends against previous years

Check the pulse of total rewards, download the report.

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Korn Ferry’s Global Total Rewards Pulse Surveys

Check out our previous surveys to benchmark your total rewards benefits and cost-saving measures against past years.