ASE Releases 2022 Michigan Compensation Survey Results – Salaries Rise 4 Percent

TROY – Low unemployment, sluggish labor participation, and unprecedented employee turnover appear to have accelerated the wages and salaries of local employers.  Data from the most recent ASE compensation survey shows that overall wage growth, based on a matched sample of companies (referred to as a constant sample) was 4.0 percent compared to just 2.1