KPMG outlines how organizations must adapt total rewards strategies amid global disruption, AI, and workforce shifts. Employees now value purpose, flexibility, equity, and personalized experiences as much as pay. To remain competitive, firms should adopt segmented reward strategies, leverage data, prioritize gender equity, and align rewards with long-term goals. Long-Term Incentive Plans (LTIPs) are key for retention and performance. KPMG also recommends evolving traditional compensation structures using tools like job evaluation, STIPs, KPIs, and benefits that support modern work-life needs.

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