EY – Future of pay Report, 2024

The EY Future of Pay Report 2024 delves into the complexities of Total Rewards, encompassing compensation, incentives, and modern benefits' impact on employee well-being. The objective is to provide organizations with insights to gain a competitive advantage in the talent market. The report explores various themes such as India's growth amid global uncertainties, talent trends reflecting shifting employee expectations, attrition vs. retention strategies, compensation trends including salary increments and pay for performance, incentive program market trends, executive and board compensation insights, and emerging trends like Gig Workers, Wage Codes, and DE&I Initiatives. The report aims to help organizations navigate the evolving landscape of employee benefits in a competitive job market.