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SURVEY RESULTS: Tight labor market forces U.S. businesses to hike 2023 wage raises.

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SURVEY RESULTS: Tight labor market forces U.S. businesses to hike 2023 wage raises. Video Format

https://youtu.be/zem94NWjl1I

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By candidbyteneice

August 5, 2022December 16, 2022

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SURVEY RESULTS: Tight labor market forces U.S. businesses to hike 2023 wage raises.

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.

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By candidbyteneice

July 25, 2022July 26, 2022