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U.S. employers are on a hiring spree based on the jobs report for the month of September which showed the creation of 336,000 workers well above estimates.
In a recently released 2024 Salary Guide from employment firm Robert Half, it shows both workers and employers reassessing compensation, career priorities and recruiting strategies. «Competitive pay and flexible work are top of mind for professionals and will likely influence their career decisions in 2024,» said Dawn Fay, operational president of Robert Half.
«To attract and retain top talent — particularly in an uncertain economy — it's critical for employers to benchmark salaries and compensation packages, consider options for hybrid work, and employ strategies to bolster employee engagement and morale» she added.
Attracting and Retaining Talent
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According to the Robert Half, these are the top in-demand jobs with salary ranges led by positions in the tech industry. Software engineer, UX designer and database administrator ranked in the top 75% percentile with annual starting pay ranges from $133,000 to $152,000.
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The lower paying roles included customer service rep, administrative assistant and medical biller where pay ranged from $44,750 to $47,500.
Fay tells Fox Business that «salaries are still top of mind for workers and employers – especially for individuals with in-demand skills „Salaries are expected to increase this year, although growth will be more measured than in previous years,“ she continues.
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