The 5 biggest challenges facing employers in 2025

Two-thirds of employees surveyed said they are paid fairly, Korn Ferry found, but that isn’t stopping them from being anxious about compensation. The survey showed that “72% are concerned about cost-of-living expenses outpacing their current salary.”

“Against the backdrop of broader economic fluctuations, employees across the board are prioritizing job security along with compensation when looking for new positions,” the firm said.

With renewed fears around inflation thanks to Trump’s tariffs, workers might be looking for raises that employers won’t want to give.

Still, cash isn’t everything. “Companies that can’t compete on salary aren’t out of the game,” Korn Ferry added. “If they can deliver on these other priorities, they still have powerful cards to play in attracting and keeping talent in an economy that’s squeezing everyone.”