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Of those who plan to give pay raises, 13% say they’ll increase average compensation by 10% or more, 58% plan an increase between 4% to 9%, and 26% plan for nominal change.
A separate study this week from SHRM Research Institute found that most of the 1,500 HR professionals surveyed said it would take 8% to 10% pay raises to retain workers.
Around 59% of workers say they’re willing to give up some salary in order to get better healthcare access, according to a new survey.
While 4% will be the average raise for workers in 2024, certain industries will offer higher raises than others. Here are the projected raises by US industry based on a report from Payscale ...
Yahoo Finance's Ethan Wolff-Mann joins the On the Move panel to discuss the latest in a survey that says most companies plan on giving employees raises and bonuses in 2021.
She supports a plan to give civilian city employees seven raises by July 2028. ... also would give workers the ability to cash out 100% of their unused sick time when they retire, up from 50% ...
Still they emphasized the importance of increasing take-home pay for their workers amid rising cost of living crisis. Restaurants “are the last bastion for people to have a middle-income kind of ...
That is lower than the 4.4% average increase they paid out in 2023, which marked a 20-year high for base pay raises. But it is a tick up from the 3.8% bump that companies were paying out this year ...
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