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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. percent in 2001, from a high of 10 percent in 1981. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent in the depths of the recession.

AON 40
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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

It offers Core HR, Talent Management, and Employee Experience modules. In 2001, SAP SuccessFactors went public in 2007 and was acquired by SAP in 2012. Considering the importance of HCM, we must talk about the 2024 HR trends that make it even more important for companies to incorporate HCM software into their organizations.