Is compensation always-on?
from Comp and Coffee Hosted by WRKdefined Podcast Network
For the longest time, compensation has revolved around an annual rhythm. One yearly market data refresh. One compensation planning cycle. But that rhythm no longer matches the pace of today's workforce. Jobs evolve faster than ever. Skills become outdated in months instead of years. AI is changing work, labor markets shift overnight, and new pay transparency regulations require organizations to make compensation decisions with greater consistency and confidence. So what happens when the business changes every day, but compensation only changes once a year? In this episode, we explore why more organizations are rethinking compensation as an ongoing business capability rather than an annual event. We'll discuss what's driving this shift, how technology and AI are changing the role of compensation teams, and what leaders should do now to prepare for a more continuous approach to pay. Host: Ruth Thomas – Chief Compensation Strategist, Payscale Guest: Matthew Carson – Senior Director, Compensation Strategy & Analytics, UnitedHealth Group
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