Nearly 78% of Employers Gave Pay Raises in Past Six Months; Compensation Top of Mind
Staffing Industry Analysts (03/03/23) Despite economic downturn concerns, 77.9% of US employers gave pay raises in the past six months, according to a survey by iHire. The pay raises were given due to merit, performance, pay compression or the rising cost of living. “Compensation is top of mind for employers and their workforces,” said Lisa Shuster, chief people officer at iHire. “Now is the time
March 3, 2023