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Sponsored by: GoNetspeed, a fiber internet provider
With the approach of a new year come new budgets — and for some workers, new expectations about what they'll find in their paychecks.
A recent survey of U.S. employers by consulting firm Mercer found they plan to raise budgets for nonunion compensation by an average of 3.5% in merit increases and 3.9% overall during 2024.
Those numbers are slightly less than the increases employers have actually shelled out in 2023.
Budgeting is a calculated risk. Going into 2024, the labor market is still tight and workers still exert leverage. However, inflation is less of a concern and layoffs have been soaring.
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The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Sponsored by: GoNetspeed, a fiber internet provider
With the approach of a new year come new budgets — and for some workers, new expectations about what they'll find in their paychecks.
A recent survey of U.S. employers by consulting firm Mercer found they plan to raise budgets for nonunion compensation by an average of 3.5% in merit increases and 3.9% overall during 2024.
Those numbers are slightly less than the increases employers have actually shelled out in 2023.
Budgeting is a calculated risk. Going into 2024, the labor market is still tight and workers still exert leverage. However, inflation is less of a concern and layoffs have been soaring.