Employers are reaching their 2024 salary consensus, and it’s a good one for employees: They will be handing out competitive pay bumps, especially as their workforce… Read more »
More data is coming out to paint a picture of anticipated pay increases in 2024. New research from Seattle-based compensation software firm Payscale finds that U.S. employers are budgeting for 3.8 percent... Read more »
As a tight labor market and inflationary pressures linger, employers are looking to continue competitive pay hikes for employees in 2024—although the aggressiveness of raises may be starting to cool, new data... Read more »
?It’s no surprise that retention has been a major issue for employers in the past couple of years: In a hot job market, scores of employees have left their companies for other... Read more »
?Financial fragility has been widespread among workers as inflation and prices remain high. And while the pain is being felt primarily among low-income workers, there’s a surprising group of employees who are... Read more »
Employers are shelling out bigger pay boosts to employees in 2023 than they have in years, new data indicates—but projections are slightly below what employers had budgeted a few months ago. That’s... Read more »
?Concerns about a potential recession are causing some once-generous employers to tighten their purse strings as they plan for layoffs, cut some employee perks and turn to smaller raises this year. But... Read more »
?Organizations are still prioritizing salary increases as a competitive strategy in 2023—but perhaps not as much as they did in 2022, when inflation and the job market were both red hot. Fewer... Read more »
?Employers looking to hire employees in the new year are likely going to have to shell out more money than ever. With inflation still high and the labor market still hot, the... Read more »
Employers in the U.S. plan to boost salaries an average of 4.6 percent in 2023, up from 4.2 percent this year, according to a new study. Employers say inflationary pressures and the... Read more »
