Article by:
Stephen Miller, CEBS
In midyear 2021, most salary increase budget projections were pegged at around 3 percent to 3.2 percent for 2022. Those expectations have since gone by the wayside.
In newly released findings by The Conference Board, a membership and research organization for large businesses, executives now estimate that salary increase budgets for 2022 will be 3.9 percent, which would be the highest growth rate since 2008. Read full employment article here.
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