SHRM recently compiled the 2013 salary forecasts from the leading pay consultants and researchers, and the consensus was that salaries are expected to increase by 3%.
Impact on Talent Deficit
“Large companies have moved away from salary freezes over the past two years and now have significant concerns in relation to employee retention, pay competitiveness and skill shortages,” said Vincent McHugh, managing director of Empsigh in the SHRM article.
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