As hiring rates rebound and turnover rates climb, the competition for talent is as fierce as ever. Amidst this backdrop, it’s more important than ever to use a data-driven approach to plan for your 2022 salary budget needs and set your pay strategy with confidence so you can engage and retain your key talent in the critical months ahead.
To help address this need, we're excited to release the U.S. results of our 2021 Salary Increase and Turnover Study - Second Edition, featuring input from 2,162 participating organizations on pay trends across the country. In this report, you will find critical insights on 2022 budget plans and the current hiring environment, as well as pay practices and performance management data.
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The first edition of the study, conducted from March through April 2021, provided projected salary increase budgets for 2021. The second edition which is now available provides actual 2021 salary increase budgets and turnover trends as well as projected budgets for 2022. The full table of contents includes:
Images shown are for illustrative purposes only and may not reflect actual data.
Nearly 2,200 companies in tens of industries participated in the second edition of our 2021 study, including:
Purchase the U.S. results of the 2021 Salary Increase and Turnover Study - Second Edition today for $1,500.
Visit our 2021 Salary Increase and Turnover Study - Global Results site for publication details and report pricing.