The U.S. labor market has more available jobs than individuals to fill them, therefore salary budgets are expected to rise in 2023. WTW’s Salary Budget Planning Report indicated that companies are budgeting a 4.1% average salary rise for 2023, up from 4.0% in 2022. The biggest gains since 2008.
It’s Time for Benefits Open Enrollment Average family premiums exceed $22,000 The Kaiser Family Foundation has found that annual family rates for employer-sponsored health insurance grew 4% to $22,221 in 2021. Employees contributed $5,969 on average to family coverage, according to the KFF Employer Health Benefits Survey of 2021. Since 2011, average family premiums have […]
It may seem like a minor detail, but vaccination status is an extremely important factor in the hiring process. One third of all U.S.-based resume recipients will not even read your document if it’s missing this information