February 2022 - A National Federation for Independent Business survey found a net 50% of small businesses raised their pay over the past three months, which is the highest rate in 48 years, but most small businesses aren't going to be able to keep pace with corporate titans.
Read MoreMarch 2022 - Most office workers would rather be able to work remotely than get a promotion, according to a new survey It's yet another data point that illustrates how workplace flexibility has evolved from a perk to an expectation at a time when companies are rethinking their policies on remote work.
A survey of more than 6,000 office or technology workers around the world by workplace automation company Ivanti found 71% of respondents would prefer remote work to a promotion.
Read MoreApril 2022 - The U.S. inflation rate reached 8.6 percent in May 2022, its highest level since December 1981, the U.S. Department of Labor reported on June 10, putting additional pressure on employers to raise wages to keep pace. See the SHRM Online article U.S. Inflation Rate Reaches 8.6% in May, a 40-Year High, Pushing Wages Up.
Read MoreStaffing shortages prompted by the Great Resignation are contributing to burnout for the workers left behind, an April survey by Eagle Hill showed. 52% of workers surveyed saying it is their top problem at work.
Read MoreJune 2022 - Carol Schmidt has more than two decades of experience in the recruiting world, but what she’s seeing in 2022 is unprecedented.
That’s particularly true when it comes to how companies are approaching pay.
“We’ve never seen the pay-rate increases that we’ve seen over the past year,” said Schmidt, senior director of human resources at Morgan Hunter Cos. “And candidates keep getting it because there are no other options.”
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