Blog & Resources

Salary Trends of 2017

In today’s candidate-centric job market, salary holds significant weight over the job seeker’s decision-making process. According to the U.S. Salary Increase Budget forecast for 2017, published by The Conference Board, median salary increase will be 3%, the same reported for the previous six years. Even though other benefits, including culture are playing a bigger role, compensation offered by employers must continue to be competitive to attract and retain talent. How do you determine competitiveness? You look at historical data and trends and compare that to predictions and anticipated trends for the current year. Below is an infograph that sums up some of this data to help you determine the future of salaries.