Day: November 17, 2022

Employers

US Pay Increases to Hit 4.6% in 2023

Staffing Industry Analysts (11/17/2022) The overall salary increases in the US are forecast to rise 4.6% in 2023, up from an actual increase of 4.2% this year, according to the new “Salary Budget Planning” report by global advisory firm WTW. Labor market and inflationary pressure are fueling the higher-than-projected increases. According to the report, the pay increases are driven by companies’ reaction to inflationary pressures,

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