Join PayScale as we discuss the latest findings from the 2014 Compensation Best Practice Report. Key findings include.
Companies are cautiously optimistic about 2014, with 72 % expecting their financial situation to improve in 2014
Hiring will increase over recent years with 54% of companies reporting plans to continue expanding in 2014
Salaries will go up with 88% planning to give raises in 2014
Retention was listed as a top business concern by 60% of companies surveyed (more than double the response rate of the previous year)
There’s a huge need for better talent management insights, as a whopping 75% of respondents reported some degree of dissatisfaction with the compensation data available