Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%
HR Digest
AUGUST 23, 2023
Businesses have been aiming to draw and keep employees by raising hourly wages relative to inflation by 0.3% Nonetheless, there are still calls for higher compensation — hourly earnings after adjusting for inflation have only gone up 1.1% growth in average union wages that resulted from recent labor negotiations.
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