Remove 2024 Remove Analysis Remove Management Remove Salary
article thumbnail

Job Seekers Losing Leverage, Pay, Flexibility As Job Market Flips

Allwork

In 2024, the average increase in base pay rise is expected to be around 4.5%, only slightly above the current inflation rate of 3.2%. According to an analysis of the data published by Yahoo!finance It’s reported that many employers lack formal pay structures and 40% actively discourage salary discussions among employees.

Salary 130
article thumbnail

‘The Big Stay’ – it’s time to invest in employees, not to cut costs 

Workplace Insight

Data from the report shows 55 percent of employers are looking to maintain their current headcount, while analysis of turnover from the ONS Labour Force Survey points to lower staff attrition in 2024. Future leaders and managers can also be identified and nurtured. Declining staff turnover is being dubbed The Big Stay.

2024 52