Latest / CEO Daily Brief with Dr. Jessica Kriegel
Will Salaries Go Up Next Year?
In today's episode:
American salaries are forecasted to go up by an average of 3.5% next year.
Executives face a balancing act: paying enough to retain employees while not eating too far into the margins. Most are happy to pay for performance, but only if they see that performance. That's why they prefer to pay bonuses.
The most engaging employers offer good compensation, but also think holistically about non-financial rewards like recognition, work climate, and progression.
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The skinny
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