U.S. Employers Forecast 3.5% Pay Increases in 2025, Payscale’s Salary Budget Survey Finds
July 31, 2024 09:00 ET
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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...
Let Employees Work Where They Want — New Payscale Research Advises Workplace Autonomy is Most Effective in Retaining Talent
October 04, 2023 09:00 ET
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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...
U.S. Employers Budget for 3.8% Pay Increases in 2024, Payscale Salary Budget Survey Finds
July 26, 2023 08:59 ET
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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...
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
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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,...
Payscale Data Reveals the Hottest Jobs in a Turbulent Job Market
December 15, 2021 09:00 ET
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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...