What to expect at work in 2024
CNN
Welcome to the first business day of 2024.
Welcome to the first business day of 2024. You may be wondering what this new year has in store for your career — your pay, your benefits, your schedule and your job prospects. To find out, we consulted with a number of workplace experts and consultants to get a sense of what trends and changes they expect. Many employees are likely to see raises that keep pace with — or even beat — inflation, which at last reading stood at 3.1%. A salary budget survey taken in December by workplace advisory firm WTW found that US employers are planning for an average salary increase of 4% in 2024. That is less than the 4.4% jump they offered in 2023 but above the average 3.1% increase seen in 2021 and earlier years. The size of the planned increases are due to inflation and concerns over a tight labor market, WTW said.
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