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With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards. billion by 2032. With these interventions, the employee attrition rate ended up being 50% lower than the initial prediction.
The HR Technology market is anticipated to grow to US $63 billion by 2032. Compensation and rewards : AI will allow for personalized reward recommendations leading toward a new approach to designing incentives, pay structures, and bonuses.
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