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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). 81% in Canada) anticipate their salary budgets in 2024 to increase or remain the same as 2023. Despite a cooling labor market, a high number of organizations (78% in the U.S., What’s going on: Payscale Inc.,

Salary 197
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3 Skills Every Leader Must Cultivate to Successfully Manage Distributed Teams

Success

This is changing every aspect of work—not just where and how work gets done—but also workplace design, employee-employer relationships, employee expectations, management styles and more. It’s not business as usual, and managers need to reflect on that and act accordingly. Distributed teams are here to stay. Building Trust.

Skills 300
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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?

Salary 98
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Steps to take ahead of possible DOL change in exempt salary qualifications

BMT Office Administration

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.

Salary 52
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Majority of young professionals feel happy about embracing AI in their lives

Workplace Insight

More than half of young professionals feel comfortable or very confident about the increasing integration of artificial intelligence (AI) in various aspects of daily life, while only 15 percent reported feeling unsettled or scared about the prospect, according to new research from CEMS , the Global Alliance in Management Education.

Salary 89
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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. Work-life balance, salary and benefits are three other major factors that can influence an employee’s desire to stay or leave a company.

2021 264
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7 Strategies To Attract And Retain Top Talent

Allwork

To retain your people in today’s turbulent time, focus on developing your lower and mid-level managers. . And a survey from Greenhouse, a New York City-based hiring software provider, finds that 57% of 1,500 employees plan to still be actively looking for a new job even if a recession hits. Don’t believe me?

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