Why Your Company is Struggling to Hire and Retain Millennials and Gen Z?
I recently spoke at a chamber luncheon. Many employers communicated they could not keep employees or hire any. Most employers had raised their compensation, but that is not the only thing you should do. However, once they listened to my presentation, they probably...
Survey Says…Pay Raises Are Flat but Promotional Raises are Up for 2016
According to Mercer’s 2015/2016 U.S. Compensation Planning Survey, the average salary increase budget is expected to be 2.9 percent in 2016, up slightly from the average increase budget of 2.8 percent in 2015.
The survey includes responses from 1,504 midsize and large employers across the U.S. and reflects pay practices for more than 17 million employees.
