This survey is the latest in a series of global pulse surveys by Korn Ferry, designed to gather insights into how organizations are adapting their reward programs during challenging economic times.
Organizations are confronting a set of compounding challenges including talent supply and demand imbalances, mixed economic outlooks, and an evolving regulatory climate. This survey’s focus is to understand the impact of these challenges on reward strategy, design, communication, and administration.
This survey was fielded in May 2024 and reflects responses from nearly 3,000 participants in 131 countries. Survey respondents are typically HR and total rewards professionals, and their organizations cover a broad range of size, geography, and ownership structure.
This survey focuses on the dynamics of how organizations manage rewards in challenging economic times. Areas covered include:
- Understanding of current business conditions
- Talent and reward program priorities
- Budgeting of rewards
- Pay differentiation
- Reward communication practices
