Key takeaways from the 2024 Competitive Intelligence Salary Report

Sep 16, 2024 · The 2024 Salary Report makes it clear that the gender pay gap in competitive intelligence is a stubborn reality. On average, women in CI earn 19.1% less than men do. That’s a significant difference, with men earning an average of $124,297, while women bring in …

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Key Takeaways From The 2024 Competitive Intelligence Salary Report

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Key Takeaways For Professionals In 2024: Salary Trends And …

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According to a 2024 report by Korn Ferry, salary budgets are expected to rise by an average of 5%, a marked increase compared to 2023. This trend is particularly significant in sectors such …

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Pay Increases Budgeted For 4% In 2024, Survey Finds

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Jul 7, 2023 · The survey found employers are budgeting an average increase of 4% in 2024. Though down from the actual increase of 4.4% in 2023, the number remains higher than the …

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FAQs about Key takeaways from the 2024 Competitive Intelligence Salary Report Coupon?

How many organizations have a compensation strategy in 2024?

While only 53% of organizations have a formal compensation strategy in place, 21% are planning to build a compensation strategy for the first time in 2024. Only half of organizations (51%) train managers on how to have pay conversations with employees, which is still a first-time majority in 2024. ...

What is PayScale's 2024 compensation best practices report?

Payscale’s 2024 Compensation Best Practices Report analyzes survey data from 5,735 respondents gathered between October 2023 and December 2023. Nearly 100 pages long, the report includes cuts of the data across organization size, performance, industry, and location. ...

How much will pay increase in 2024?

Organizations predict an average base pay increase of 4.5% in 2024, compared to the average of 4.8% actually given last year. This increases to as high as 6% for some industries. This year, only 79% of organizations plan to give pay increases, which is a drop from 86% in 2023, and the lowest it has been in years. ...

What is the biggest challenge facing organizations in 2024?

Compensation is considered the biggest challenge facing organizations in 2024, ahead of recruiting, retention, and engagement. SEATTLE, March 20, 2024 (GLOBE NEWSWIRE) -- Today, Payscale Inc., the leading provider of compensation data, software and services, released its flagship report, the 2024 Compensation Best Practices Report (CBPR). ...

Should you read the 2024 Future of recruiting & workplace learning report?

I encourage you, regardless of where you sit in your organization, to read both the 2024 Future of Recruiting and the 2024 Workplace Learning Report and share the insights and key points with your colleagues. ...

Are pay increases a priority in a sluggish economy?

Pay Increases and the Job Market: Competitive raises that exceed inflation are a priority, even in a sluggish economy — but fewer organizations are planning to hand them out. Organizations predict an average base pay increase of 4.5% in 2024, compared to the average of 4.8% actually given last year. ...