Employers Are Rebalancing Pay Strategies in a Precarious Economy — Payscale's 2023 Compensation Best Practices Report Shows Despite news of layoffs, 60% of organizations say they experienced more labor shortages and trouble attracting and retaining talent in 2022 than in previous years.Fifty-five percent of organizations...

Organizations Are Planning to Give the Highest Pay Increases in Years, but They Won’t Match Inflation — Payscale’s Compensation Best Practices Report Shows 85 percent of organizations are worried about inflation and are working to adjust compensation strategies but pay increases won’t be enough. Employers are adapting to workplace flexibility demands,...