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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. Aon Hewitt did not even start tracking short-term rewards and bonuses — known as variable compensation — until 1988, when they accounted for an average of 3.9 percent of payrolls.

AON 40
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Where Have All the Raises Gone?

Compensation Cafe

Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. Aon Hewitt did not even start tracking short-term rewards and bonuses — known as variable compensation — until 1988, when they accounted for an average of 3.9 percent of payrolls.

AON 40
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Chances Are You’re Buying Too Much Talent. It’s Time to Build and Borrow.

Degreed

Since 2005, they’ve averaged an eye-popping 25% growth annually on the back of trillions of dollars in research and development spend, massive partner ecosystems, and hundreds of acquisitions. Compensating external hires is more expensive : They make 18% to 20% more than internal hires. Your Talent Strategy Is Probably Outdated.