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Are Employers Putting the Brakes on Salary Increases in 2024?

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a compensation management firm, released its eighth annual Salary Budget Survey (SBS). The report predicts that average pay increases in 2024 will be 3.8% 81% in Canada) anticipate their salary budgets in 2024 to increase or remain the same as 2023. What’s going on: Payscale Inc.,

Salary 245
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New Employee Demands Are Changing The Way Employers Hire

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These unique changes in the labor market were highlighted by iHire in its recent survey of 1,327 job seekers spanning 57 industries. “As of respondents in the survey stated that they aren’t planning to search for a new job. When asked, “How soon into the new year will you begin your search?” Company’s commitment to DE&I: 9.6%

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Job Seekers Losing Leverage, Pay, Flexibility As Job Market Flips

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The survey finds that pay transparency also remains a contentious issue this year. It’s reported that many employers lack formal pay structures and 40% actively discourage salary discussions among employees. The data suggests that employees are 50% more likely to leave if they believe they are underpaid.

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Haunted By Silence: How Job Seekers Can Avoid Being Ghosted

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According to a TopInterview survey, 57% of respondents reported that they had been left without communication after an interview. TopInterview recently conducted a survey revealing the greatest fears job candidates experience after an interview. In the corporate world, ghosting has taken on a new, unnerving meaning.

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6 Simple Steps To Help You Write The Best Cover Letters Using AI

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In fact, a recent survey conducted by Canva and Sago suggests that nearly half of all job seekers, or 45%, are using AI tools to improve, update, or create their resumes and job applications. According to a survey published by StandOutCV , the average job seeker needs to make at least 27 applications to land just one job interview.

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Workplace Stress Is Crushing Young Employees

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Gen-Z appears to be the most stressed cohort of workers; a recent BBC report revealed that a staggering 91% of 18-24-year-olds are stressed (compared to 84% of employees overall). Now, a more recent BBC report highlights the issue again, and focuses specifically on why Gen-Z, more than any other generation, is so prone to workplace stress.

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How to Evaluate the Efficacy of Your Hybrid Work Model

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For instance, an Omdia report reveals that although 54% of organizations reported improved productivity with the hybrid model, only 22% set metrics to quantify these enhancements. Another report by Owl Labs, surveying 2,300 full-time U.S. Wellbeing and burnout can be assessed through the hard metric of sick days taken.

Policies 246