SNAPSHOT OF RISING SALARIES
| 55% of companies are increasing compensation for current employees. |
| 66% of employees have received a raise in the past year. |
| 62% of professionals plan to ask for a raise this year. |
Top reasons employees are asking for a raise
| 1. To adjust for cost of living or inflation |
| 2. To get paid the market rate for their job |
| 3. To compensate for increased responsibilities |
Top reasons employers are giving raises
| Rewarding good performance |
| To compensate for salary stagnation |
| To ensure competitive pay |
| Adjustments for cost of living/inflation |
Sources: Robert Half surveys of over 2,400 professionals in the U.S. and over 2,300 senior managers in the U.S.
© 2022 Robert Half. An Equal Opportunity Employer M/F/Disability/Veterans.
