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The latest news, trends and information to help you with your recruiting efforts.

Posted February 14, 2014 by

Not So in Love with Your Current Job? 21% of Workers Looking for New Employment in 2014

Today is Valentine’s Day and while some of you will express your love to someone special, some workers are expressing a desire to change jobs.  That’s right, there are job seekers not so in love with their current positions.  So employers, if you’re wondering why some of your employees want to move on, the following post offers several reasons, as well as reasons other employees will stay on their jobs. (more…)

Posted October 02, 2013 by

Average Pay Increase in 2014 Projected at 2.8%, Up From 2.7% in 2013

Amy Kaminski of Compdata Surveys

Amy Kaminski of Compdata Surveys

The average pay increase budget projected for organizations in 2014 is 2.8 percent, up slightly from 2.7 percent reported for 2013, according to Compdata Surveys’ national survey of 40,000 U.S. employers. More than 80 percent of participating organizations indicated having a formal pay range in place, and the average pay range adjustment reported in 2013 was 2.1 percent. This is up slightly from 1.9 percent last year and 1.7 percent in 2011. Organizations expect almost no change for 2014, reporting projected adjustments of 2 percent.

Pay increase budget projections for 2014 vary by industry. Employers in the banking and finance, hospitality, manufacturing and distribution, and utilities industries expect a pay increase budget of 2.9 percent next year. In comparison, healthcare organizations projected a 2.5 percent pay increase budget, and not-for-profit organizations expect 2.4 percent. Insurance employers projected the highest budget for 2014 at 3 percent. (more…)