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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). in the United States, with some states and industries seeing higher increases. 81% in Canada) anticipate their salary budgets in 2024 to increase or remain the same as 2023. What’s going on: Payscale Inc.,

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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

Allwork

A new survey has found that 54.7% salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . This important national survey indicates that rising inflation levels have resulted in what is effectively a pay cut for the majority of U.S.

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New Survey Reveals Even Higher Demand For Flexible Work Options

Allwork

Flexible work arrangements are an important cornerstone of the modern workplace, with an increasing number of professionals craving schedule adaptability and remote work opportunities — and willing to make job changes and sacrifices to get it. A recent survey published by Bankrate revealed that 89% of the U.S.

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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.

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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. Below is a short list of labor market trends based on iHire’s data. According to iHire, 10.4%

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Executive Assistant Salary Trends: A Forecast for 2023

C-Suite Assistants

In September 2022 we published a blog on Executive Assistant salaries. In that blog, we tracked some of the changes we’ve seen over the last several years and refer to an increase of 20% in the average salary for an EA to the CEO over the last 5 years. What Does This Mean for the Executive Assistant Salary Range In 2023?

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Motherhood Penalty vs. Fatherhood Bonus: A Closer Look at the Gender Pay Gap in 2024

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This figure is found when researchers measured the “uncontrolled gender pay gap,” which looks closely at the median salary for all women and all men. for Black women, by $0.05 for American Indian and Native Alaskan women, by $0.04 for Hispanic women, and by $0.04 for women who are Native Hawaiian and other Pacific Islander.

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