Expectations for wage increases have jumped roughly 20% since 2020 as 70% of companies plan to offer higher salary adjustments through the end of the year. Benefits, however, will gain less ground as only 50% of businesses anticipate their offerings to increase compared to 2021, according to a survey from The Harris Poll commissioned by […]
Following a year of hardship and economic downturn, good compensation and benefits are crucial for employee recruitment and retention. However, in a time of fierce competition for top talent, 69% of companies say it’s impossible to offer all the benefits employees want. (more…)
Aside from some lawmakers calling for a $15 minimum wage, forecasts are encouraging for a market-driven increase in employee wages, while benefits are largely expected to remain the same in 2021. This is according to a new survey from Express Employment Professionals. This survey from The Harris Poll, commissioned by Express, reveals nearly 3 in […]
Good talent is hard to find, and the tight labor market is leading some employers to wage bidding wars over talent. But how much money is enough to convince an employee to turn down a job offer and stay with their current employer? In a recent survey, Express Employment Professionals posed that question to job […]
It’s hard to pinpoint exactly how much of the labor force is made up gig workers, but one thing is for certain—that number is only expected to grow over the next decade. Part of the problem in determining the number of gig workers is defining criteria for the category. According to Forbes, “the gig economy […]
35% of Businesses Expect Wage Increases; No Cuts Expected In Santa Fe Springs and Covina, California, just outside Los Angeles, workers are in short supply. “There is a severe shortage of workers at every level,” said Anne Woods, owner of Express Employment Professionals franchise offices in both communities. “It is being felt most keenly at […]
Majority of Businesses Expect Stagnant Wages in Q3; Almost 1/3 Will Increase Wages Express Employment Professionals recently released new survey results revealing that despite the low unemployment rate, many businesses are not increasing wages. In a survey of 533 businesses, respondents were asked, “Over the next three months, do you expect wages at your company to […]
