Employers Predict 3.9 Percent Wage Increases in 2022 – Highest Since 2008
DETROIT - The November survey from the Conference Board predicts a 3.9 percent jump in wage costs for companies in 2022, compared to 3 percent reported in April - the highest rate increase since 2008. Indeed, the swell in compensation expectations for next year reflects rising wages for new hires and inflation. Salary increase budget refers