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Will Salaries Go Up Next Year?
Manage episode 440957755 series 3550044
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In today's episode:
- American salaries are forecasted to go up by an average of 3.5% next year.
- Executives face a balancing act: paying enough to retain employees while not eating too far into the margins. Most are happy to pay for performance, but only if they see that performance. That's why they prefer to pay bonuses.
- The most engaging employers offer good compensation, but also think holistically about non-financial rewards like recognition, work climate, and progression.
Culture Leaders Daily is a daily, five-minute podcast for CEOs where we dissect the week's biggest news, unpack hot-button workplace trends, and bring you exclusive interviews with leaders who leverage culture to drive real business results.
Today's podcast is Jessica's interview with Korn Ferry's Tom McMullen.
- LinkedIn: https://www.linkedin.com/in/mcmullentom
Jessica Kriegel:
- Website: https://www.jessicakriegel.com/
- LinkedIn - https://www.linkedin.com/in/jessicakriegel
- Instagram: https://www.instagram.com/jess_kriegel/
Culture Partners:
- Website: https://culturepartners.com/
- LinkedIn: https://www.linkedin.com/company/culturepartners/
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