Managing pay when budgets can’t keep up
July 27 @ 2:00 pm – 3:00 pm EDT
Event overview
Organizations are facing sustained pressure to do more with less when it comes to compensation. Flat or limited salary-increase budgets—combined with inflation, shifting labor dynamics and growing expectations around pay transparency—are challenging traditional approaches to attracting and retaining talent.
In this environment, the compensation strategy must evolve. Organizations can no longer rely solely on base pay increases to stay competitive. Instead, leaders are reevaluating how they design total rewards programs, deploy targeted retention strategies and ensure pay practices remain equitable and compliant.
Join RSM compensation professionals Deanna Balkcom and Ian Ziegler for a practical discussion on how organizations are navigating today’s constrained pay environment—and what steps you can take to respond effectively. Presenters will explore actionable approaches to balancing financial realities with workforce expectations, helping organizations maintain engagement and reduce risk without broad-based pay increases.
What will be covered:
How pay structure design can support pay equity and transparency requirements
How inflation and market dynamics are shaping compensation challenges
Ways to strengthen total rewards when base pay growth is limited
Strategies for rewarding retention without across-the-board increases
