Higher Pay and Better Benefits Coming in 2023 As Companies Compete for Talent
- Pay raises expected to keep pace with or exceed inflation, averaging 4%
- More bereavement benefits, financial wellness offerings, and leave for life events
- Potential for more companies to offer 4-day workweeks or incremental flexibility
- Hybrid work is here to stay; remote work has stabilized around 30% time
- Increase in skills-based hiring and AI assessments to expand job prospects