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Will Salaries Go Up Next Year?

Will Salaries Go Up Next Year?

CEO Daily Brief with Dr. Jessica Kriegel

September 20, 20249m 16s

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Show Notes

In today's episode:

  • American salaries are forecasted to go up by an average of 3.5% next year.
  • Executives face a balancing act: paying enough to retain employees while not eating too far into the margins. Most are happy to pay for performance, but only if they see that performance. That's why they prefer to pay bonuses.
  • The most engaging employers offer good compensation, but also think holistically about non-financial rewards like recognition, work climate, and progression.


Culture Leaders Daily is a daily, five-minute podcast for CEOs where we dissect the week's biggest news, unpack hot-button workplace trends, and bring you exclusive interviews with leaders who leverage culture to drive real business results.


Today's podcast is Jessica's interview with Korn Ferry's Tom McMullen.

  • LinkedIn: https://www.linkedin.com/in/mcmullentom



Jessica Kriegel:

  • Website: https://www.jessicakriegel.com/
  • LinkedIn - https://www.linkedin.com/in/jessicakriegel
  • Instagram: https://www.instagram.com/jess_kriegel/


Culture Partners:

  • Website: https://culturepartners.com/
  • LinkedIn: https://www.linkedin.com/company/culturepartners/