3 compensation trends for the year ahead

Top trends in compensation. As employees retain the upper hand in the labor market, pay equity and pay transparency have taken center stage. By HR Dive staff.

What Is a Good Annual Raise Percentage? - Investopedia

Most employers give their employees an increase of around 3% per year. Consistent job switching may have an impact on the rate at which your salary increases.

The Enduring Grip of the Gender Pay Gap - Pew Research Center

In that year, they earned 92% as much as men their age, compared with 83% for women overall. But by 2022, this group of women, now ages 37 to 46 ...

5 Types of Compensation Beyond Salary - Bucketlist Rewards

1. Bonuses · 2. Stock Options · 3. Benefits Packages · 4. Professional Development · 5. Flexible Work Arrangements.

5 compensation and benefits trends to look out for in 2024

1. The end to 'competitive salary' on job adverts · 2. Focus on internal equity · 3. Not just about the paycheck · 4. Personalised, customisable ...

What is a Merit Increase and Why Does it Matter? (2024) | Visier

... increase in the neighborhood of 3% to 5% on an annual basis. Mercer's latest QuickPulse U.S. Compensation Planning Survey found the average merit increase ...

2024 Compensation Best Practices Report - Payscale

The year ahead should be approached with cautious optimism. Amidst economic uncertainty, employers have regained the upper hand in the job market ...

Compensation and Benefits: The Complete Guide - AIHR

Example 3: a sales employee in a SaaS company. Compensation, Benefits. Base pay: $12,000 per year (contracted as 35 working hours per week), paid in monthly ...

How Much Will Salaries Increase in 2025? | Careers | U.S. News

According to a recent study by payroll firm ADP, workers who stayed in the same job reported a 4.8% year-over-year pay increase, whereas pay ...

Key HR and Compensation Trends to Prepare for in 2025

Are You Ready to Lead the Charge in HR Next Year? · The latest trends reshaping HR and compensation strategies for 2025 and beyond · Practical ...

GENDER PAY GAP: RECENT TRENDS AND EXPLANATIONS

“Table 6: Employment. Status of Mothers With Own Children Under 3 Years Old by Single Age of Youngest Child and Marital Status: 2012-. 2013 Annual Averages.”.

2025 Tech and IT Salaries and Hiring Trends | Robert Half

Of those, 48% are offering workers up to 20% more pay to come in 4 to 5 days a week. ... Tech professionals' ideal hybrid scenario is working in-office 3 days per ...

Giving a Pay Raise in 2024: What's Appropriate? - Indeed

Most companies have budgeted for 3% annual pay raises over the last decade, and most information suggests this trend will continue.

Salary Trends - 2024 Dice Tech Salary Report - Tech Professionals

Systems administrators saw a huge average salary increase (11.2%) last year, followed by software developers and program analysts/managers. Due to the re- ...

Compensation - Human Resources Today

HR leaders are increasingly facing sleepless nights over rapid changes in the world of compensation—as pay transparency laws sweep the country, illuminating pay ...

Workers' Paychecks Are Growing More Quickly Than Prices

Data from November 2023 show that 57 percent of workers' wages grew, on an annual basis, more quickly than inflation since November 2022. (see ...

Glassdoor's 2024 Workplace Trends

Trend 3. Cash only. Equity compensation will decline for a second consecutive year as competition for skilled workers cools. Trend 4.

Almost 2 in 3 workers got a pay increase this year - Bankrate

Performance-based compensation adjustments remain the most common reason that workers received a raise (at 35 percent), similar to last year's ...

15 Recruitment Trends to Expect in 2025 - Recruiterflow Blog

The gender pay gap has been a persistent issue despite equal pay legislation being in place for over 50 years. To combat this, pay transparency has become an ...

The Future Of Salary Increases: Why Next Year Might See A Decline

A cooling job market and a changing economic outlook are influencing this trend. Pay raises soared during the early post-pandemic period when ...