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cover of episode Salary.com's Senior Consultants - Predictions for HR and Comp in 2025

Salary.com's Senior Consultants - Predictions for HR and Comp in 2025

2025/1/9
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A
Angela Bailey
C
Courtney LeCompte
D
Dwight Brown
E
Eric McMillan
G
Garry Straker
G
Greg Wolf
Topics
Courtney LeCompte:我认为许多组织可能已经调整了传统福利,以增加健康和保健服务,但这并没有像我预期的那样成为一个显著的趋势。一些公司可能已经这么做了,但这并不是一个普遍的趋势。 我注意到,现在有越来越多的针对身心健康的应用程序,并且这些应用程序的广告也越来越多,这表明对这类服务的市场需求正在增长。 Eric McMillan:许多公司仍在努力应对远程办公带来的挑战。一些公司在过去六个月内开始实施“重返办公室”计划,员工的反应各不相同。我认为远程办公的趋势不会逆转,但一些公司正在试图让员工回到办公室。 Garry Straker:越来越多的组织关注职业发展路径的清晰度,这与薪酬透明度的讨论有关。虽然科罗拉多州和伊利诺伊州已经出台了相关法律,但我们可能不会看到更多州出台类似的法律。然而,我们确实看到许多组织开始关注内部公平性,并重新审视职位等级和绩效评估流程。 Angela Bailey:我认为2024年薪资增长趋于平稳,招聘激励措施减少。此外,由于政治环境两极分化,工作场所将更加重视礼仪。同时,潜在的移民政策变化可能导致工作场所冲突和紧张。 Greg Wolf:2024年的薪资增长低于4%,这可能是因为市场疲软和通货膨胀压力减轻。关于远程办公与重返办公室的策略,我认为2025年将会有更多公司推动员工重返办公室,以提高生产力和加强企业文化,但员工可能更倾向于混合办公模式。 Dwight Brown:鉴于医疗保健行业人手短缺,预计其他州也将出台类似加州的医疗保健最低工资法案。经济衰退压力导致就业市场放缓,薪资增长趋于平稳,消费者支出减少。此外,人工智能不会对人力资源工作方式造成重大改变,因为其在人力资源领域的应用仍处于早期阶段。 David Turetsky: 作为主持人,我没有提出具体的预测,而是引导讨论并总结各位专家的观点。我同意许多专家的观点,认为2025年将是充满不确定性的一年,工作场所环境将继续变化,需要谨慎决策。

Deep Dive

Key Insights

What were the key HR trends reviewed for 2024 in the podcast?

Key HR trends reviewed for 2024 included the restructuring of traditional benefits with mental health and wellness offerings, struggles with remote work, salary increases below 4%, focus on career progression, stabilization of recruitment and retention pay incentives, and recessionary pressures driving strategic workforce decisions.

What are the predictions for HR and compensation in 2025?

Predictions for 2025 include the introduction of healthcare minimum wage legislation in states beyond California, increased focus on workplace civility due to political polarization, potential rollbacks of DEI initiatives causing workplace tensions, growing employee interest in returning to the office, critical importance of pay equity and transparency, and continued but limited adoption of AI in HR practices.

Why is workplace civility expected to become a priority in 2025?

Workplace civility is expected to become a priority in 2025 due to the polarizing political landscape, which has led to divides in neighborhoods and is likely to extend into workplaces, causing potential conflicts and tensions among employees.

What challenges are predicted for the healthcare industry in 2025?

The healthcare industry is predicted to face continued staffing shortages, increased demand due to an aging population, and legislative responses like healthcare minimum wage laws to combat these pressures. States beyond California are expected to introduce similar legislation to address staffing challenges.

How is AI expected to impact HR practices in 2025?

AI is not expected to cause a major shift in HR practices in 2025. While awareness and adoption of AI in HR may increase, it will likely remain limited to process changes and small-scale applications rather than a wholesale transformation of HR functions.

What is the predicted trend for remote work in 2025?

In 2025, remote work is predicted to see a shift as more companies push for a return to the office, particularly in hybrid models or full-time mandates. This trend is driven by the aim to boost productivity and strengthen company culture, with employees willing to work on-site gaining a competitive edge in the job market.

Chapters
Salary.com's senior consultants review their predictions for 2024, assessing the accuracy of their forecasts on mental health benefits, remote work challenges, salary increases, career development, recruitment incentives, and recessionary pressures. The team discusses the extent to which these predictions manifested and offers insights into the trends observed.
  • Mental health and wellness benefits restructuring was less of a trend than anticipated but still present.
  • Remote work struggles affected organizations and employees, with mixed reactions to return-to-office strategies.
  • Salary increases were lower than the predicted 4%.
  • Career progression and line-of-sight were a focus, particularly due to pay transparency laws.
  • Recessionary pressures impacted the job market and pay, creating a slowdown rather than a full recession.

Shownotes Transcript

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In this very special episode, we bring together Salary.com’s top compensation experts for a fascinating roundtable discussion. Featuring insights from our senior consultants Courtney LeCompte (Director of Consulting Sales), Eric McMillan (VP of Compensation Consulting), Garry Straker (VP of Compensation Consulting), Angela Bailey (VP of Compensation Consulting), Greg Wolf (Managing Principal), and hosted by Dwight Brown (VP of Compensation Consulting) and David Turetsky (VP of Consulting), we dive into our reflections on 2024 and our predictions for the future of HR in 2025. 

[0:00] Introduction

  • Welcome, Salary.com Senior Consulting Team!
  • Today’s Topic: HR Experts Predict the Future of HR in 2025

[9:29] Reviewing our predictions for 2024

  • Did mental health and wellness benefits reshape traditional compensation packages?
  • Did remote work strategies challenge both organizations and employees?
  • Did salaries increase by less than 4%?
  • Was career development a key focus, with organizations creating clearer progression pathways?
  • Did recruitment and retention pay incentives stabilize?
  • Did recessionary pressures drive strategic workforce decisions?

[19:04] Predictions for 2025

  • States will introduce legislation to help the struggling healthcare industry
  • Workplace civility will become a priority amid the polarizing political landscape
  • DEI initiative rollbacks will create workplace tensions
  • Employees will grow increasingly interested in returning to the office
  • Pay equity and transparency obligations will prove critical for organizations
  • Organizations will push “return to office” plans
  • AI will not cause a major shift in how HR does its work, yet…

[42:44] Final thoughts

  • How 2024 set the stage for larger-scale AI adoption
  • Why 2025 might be a year of continued uncertainty

[45:46] Closing

  • Thanks for listening!

Quick Quote

“California was first out of the gate with this, but I anticipate us at least seeing [healthcare minimum wage] legislation introduced in other states.”ResourcesCompensation Consulting)**Contact:**Angela's LinkedIn)Eric's LinkedIn)Garry's LinkedIn)Greg's LinkedIn)Courtney's LinkedIn) Dwight's LinkedIn)David's LinkedIn)Podcast Manger: Karissa Harris)****Email us!)****Production by Affogato Media)