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After Years of 3% Increases, Where Have All the Good Raises Gone?

TLNT: The Business of HR

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. percent in 2001, from a high of 10 percent in 1981. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent in the depths of the recession.

AON 40
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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Notable Clients Some well-known companies using BambooHR include Airbnb, Pinterest, change.org, Jacksonville Jaguars, Zendesk, Fitbit, Fab, FreshBooks, Klout, Squarespace, etc. Pricing Bamboo HR offers two plans- Essentials and Advantage at $5.25 and $8.75, respectively, per employee per month.