U.S. Employers Boost Pay Budgets Despite Recession Concerns
Written by Black Hot Fire Network on July 30, 2022
Salary budgets for U.S. employees are projected to increase in 2023, mainly influenced by a labor market with more open jobs than people to fill them and inflation's impact on employees' pay expectations, despite signs that the economy is slowing.
Consultancy WTW's July
Salary Budget Planning Report found that companies are budgeting an overall average increase of 4.1 percent for 2023, compared with the average actual 4 percent increase in . . .
