As organizations adapt to evolving workforce expectations and regulatory requirements, aligning human resources technology (HRIT) strategies with compensation trends is increasingly essential. Companies must implement compensation structures that enhance transparency, flexibility, and compliance while supporting long-term workforce planning.
Emerging trends highlight the growing emphasis on personalized pay models, more segmented approaches to annual or longer-term incentives and data-driven decision-making. Advanced HRIT solutions are now critical in facilitating these changes by aligning more diverse roles and outcomes, optimizing processes, improving analytics and ensuring organizations remain competitive.
Bob Lemke, Director for Human Capital Consulting at Grant Thornton Advisors LLC, explores how to use HRIT strategically in an article he authored for the IHRIM Workforce Solutions Review titled, “Aligning HRIT Strategies with Emerging Compensation Trends: A Guide for Executive Leaders.” In the article, Lemke discusses how organizations can assess whether their HRIT systems effectively support evolving compensation models, balance operational efficiency with long-term transformation and mitigate compliance risks. Lemke also underscores the need for strategic HRIT investments that not only sustain core functions (“run-the-company” initiatives) but also drive future growth and innovation (“change-the-company” strategies) through AI, predictive analytics and automation.
To learn more, read the full article here.
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