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Are Employers Putting the Brakes on Salary Increases in 2024?

Allwork

a compensation management firm, released its eighth annual Salary Budget Survey (SBS). Despite a cooling labor market, a high number of organizations (78% in the U.S., 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

Allwork

of workers say that a positive work environment is at the top of their list of most important aspects for a new job. Changes in employee demands are just as likely to impact the job market, and it’s leading organizations to rethink how they approach the hiring process. According to iHire, 10.4% According to iHire, 10.4%

2024 299
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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

Allwork

The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. . By 2021, chief executives at companies with the lowest-paid staff made an average of $10.6 Things may get worse before they get better.

Salary 250
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U.S. Workforce Clashes with Persistent Ageism

Allwork

Recent findings from a survey published by iHire have shed light on a pressing issue in the U.S. job market: Ageism. The survey, which polled 1,495 U.S. It’s reported that, even when older job seekers were offered a salary, 22.1% felt they were offered salaries below their worth. The survey also found that 45.5%

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Workplace Happiness Is at an All-Time High—But There’s Still Room for Improvement

Success

They’ve had to navigate changes in virtual and hybrid environments , a Great Resignation , a threatened recession and much more unrest. A 2022 survey from The Conference Board shows workplace happiness and satisfaction is actually up, and even at an all-time high since the survey began in 1987. And why now?

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Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

Allwork

Von Armansperg told us that in Leapsome’s State of People Enablement survey, more than 50% of the people who responded wanted a workplace that encouraged feedback, goal setting and learning. Companies and organizations should also keep in mind the more negative impacts of low retention rates. What’s driving employees from their jobs?

2021 264
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Workplace Stress Is Crushing Young Employees

Allwork

In 2022, a Bain and Company survey revealed that 61% of employees under thirty-five were most concerned about their job security and finances (compared to 41% over thirty-five). This was supported by a LinkedIn survey which found that 72% of Gen-Zers wanted to quit their jobs in December 2022. and Canada.

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