Adapt your compensation strategy to keep up with worker expectations

There are many ways to address the changing expectations of today's workforce, but some will get better results than others.

By Elliot Dinkin | March 18, 2020 at 12:00 AM

Workers of the future will expect more open and honest communication about all matters of the business, including how pay decisions are made. (Credit: fizkes/Shutterstock)

There are significant trends shaping the workforce of 2020 and beyond. As such, to become or remain an employer of choice, businesses must make some adjustments to compensation to meet the needs and expectations of this workforce of the future.

There are four major trends that will impact employment in 2020 — in fact, they already are. These include:

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