Wage Increases Are Coming, But Inflation Is Still Lurking
According to a survey from Willis Towers Watson, U.S. employers are predicting the average raises will grow by 4.1% in 2023, the largest jump in 15 years.
Explore articles tagged ‘Business,’ covering strategies, trends, and insights to help you succeed in the competitive workspace industry.
According to a survey from Willis Towers Watson, U.S. employers are predicting the average raises will grow by 4.1% in 2023, the largest jump in 15 years.
“There is no question that companies are going to be spending less, cutting back budgets, and maybe implementing hiring freezes,” said Paul Verna.
Inflation increases, employee demand shifts, and lack of childcare support are causing a deceleration in labor participation according to Brad Smith.
Recently, Meta chose to walk away from taking up 300,000 more square feet on Broadway in a building where it currently occupies.
Some economists believe that interest rate hikes could be the straw that breaks the camel’s back.
Introducing the role of Chief Trust Officer can help companies ensure that there are no glaring issues that could dampen staff and consumer confidence.
IWG, which owns a majority stake in the coworking firm, has named its chief commercial officer Fatima Koning to serve as the new CEO.
The funding, led by Tola Capital, will be used towards expanding Robin’s staff, international presence, marketing strategies, and partnerships.
While Sundar Pichai ensures that Google will continue to hire new talent, it will focus on engineering and other technical roles.
The embrace of remote and hybrid work policies has allowed inflation to greatly outpace wage increases according to a study from the NBER.
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