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

TLNT: The Business of HR

percent in 2001, from a high of 10 percent in 1981. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent in the depths of the recession. It dropped to 4.3

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

Vantage Circle

Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks. Workforce Planning: Workforce Analytics : Helps collect data about the workforce, analyze them, and transform those into insights on workforce trends that help with strategic decision-making.

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Multigenerational Workforce: The Ultimate Guide

Primalogik

Here’s the breakdown by years of birth, according to Time : Gen Z (2001 to 2020) Millennials (1981 to 2000) Gen X (1965 to 1980) Baby Boomers (1946 to 1964) Traditionalists (1925 to 1945) In popular culture, these generations are often presented as clashing. Remember that these are just trends, not absolutes. Plan for succession.