Posted 4/15/2024, 4:52:22 PM
Lowest Wage Demands Hit Record $81K as U.S. Workers Seek Pay Amid Slowing Market
- The lowest wage US workers said they would accept for a new job reached a record high of $81,822 in March
- This reservation wage is up substantially from $73,391 in November 2022
- The rise was driven by men, respondents over 45, and those without college degrees
- Despite higher wage demands, employers were offering lower starting wages - $73,668 in March vs $79,160 in November
- Worker satisfaction with wages and non-wage compensation declined, while satisfaction with promotion opportunities was steady
