The workplace is more global, diverse, and distributed now than ever before. And the ongoing debate on whether remote, hybrid, and in-office employees should be looked at through the same lens has been top of mind for employers – should employees across modes of work have the same benefits, flexibility, career progression, and more pertinently, should they be paid equally? Compensation is a key component of the employee experience, and hence, needs to be addressed in a way that is inclusive and competitive, as well as equitable.

With an impending recession and the war for talent heating up, organizations will need to do more with less resources. But it is equally important that they tailor their approach to attract, engage, and retain their biggest asset – talent – across all modes of work.