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U.S. Employers Forecast 3.5% Pay Increases in 2025, Payscale’s Salary Budget Survey Finds
July 31, 2024 09:00 ET | Payscale
Actual pay increases in 2024 are 3.6% on average compared to 4% last year, indicating that annual raises are softening in a cooler labor market.While employees in science, engineering, and government...
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Let Employees Work Where They Want — New Payscale Research Advises Workplace Autonomy is Most Effective in Retaining Talent
October 04, 2023 09:00 ET | Payscale
Employees who can work remotely as needed are 22% less likely to quit than fully remote workers and 32% less likely to quit compared to fully on-site workers. According to HR leaders, remote work is...
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U.S. Employers Budget for 3.8% Pay Increases in 2024, Payscale Salary Budget Survey Finds
July 26, 2023 08:59 ET | Payscale
78% of organizations in the United States and 81% in Canada say that their 2024 salary increase budget is the same or higher compared to last year2024 pay increases are predicted to be 3.8% on average...
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Organizations Are Planning to Give the Highest Pay Increases in Years, but They Won’t Match Inflation — Payscale’s Compensation Best Practices Report Shows
February 16, 2022 09:00 ET | PayScale
85 percent of organizations are worried about inflation and are working to adjust compensation strategies but pay increases won’t be enough. Employers are adapting to workplace flexibility demands,...
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Payscale Data Reveals the Hottest Jobs in a Turbulent Job Market
December 15, 2021 09:00 ET | PayScale
Payscale ranks the hottest jobs among job seekers researching salaries.Numerous HR roles, including compensation analysts, top the list, reflecting the importance of providing fair pay for employees...