According to LinkedIn’s latest Workforce Confidence Index, less than half of U.S. workers (45%) anticipate receiving a pay raise within the next six months.
Even more striking, only 22% expect to be promoted in the coming year.
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This cautious outlook appears to be driven by ongoing economic uncertainty and inflation, which have impacted both worker expectations and employers’ budgets for salary increases.
A separate survey, LinkedIn’s Executive Confidence Index, reveals that nearly half (49%) of U.S. executives report that pay raises and promotions at their organizations have become more restricted compared to previous years.
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Source:
LinkedIn
