Creative compensation: alternative rewards in 2024
If pay rises are proving a stretch this year, what would workers around the world accept instead?
We posed this question to over 34,000 employees as part of our annual survey, People at Work 2024: A Global Workforce View.The answers we received were as inventive as they were surprising, as every country, without fail, was unique.
One thing’s clear — there’s no such thing as a one-size-fits-all compensation strategy.
Grappling with compensation strategies to satisfy a multinational workforce?
Download our guide to pay rise alternatives to get a handle on workers’ expectations.
In this short guide, we share not just the stats side of our research findings but also the individual comments that workers chose to add. We hope this window into workers’ preferences helps as you benchmark your own compensation strategies in this period of high-profile cost-of-living pressures.