Responses to Payscale’s new Salary Budget Survey of compensation professionals in more than 1,500 organizations found they are planning a pay raise average of 3.5 percent, reflecting a cooling labor market.
Source: SHRM, August 13, 2024. Link.
INSIGHTS: More than 60 percent of working adults are animal owners <Link> who will feel the softening raises as much as animal health pros will. It’s something to consider when reviewing service fees and pricing.