State of the Workplace Study 2023-2024 - SHRM

Concern over labor shortages remained among the top three challenges for 2023, especially given ongoing budgetary constraints and the competitive talent landscape. Finding qualified …

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Class Of 2021 Starting Salaries Rebound - SHRM

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The average salary projection for these graduates is $72,173, which is a climb of 7.1 percent from last year's projection of $67,411 for the Class of 2020.

shrm.org

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Is 70K Out Of College A Lot? : R/personalfinance - Reddit

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A couple of decades ago, I started off with $56,000 right out of college in a VHCOL area. Others made $48,000 to $90,000. $70,000 is very decent in many areas, but might not get you very …

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College Grads Are Snaring High-paying Jobs. How The Labor …

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Jun 21, 2022 · New college grads’ salaries are up 8% to 11% since 2020, in line with overall pay increases, according to staffing firm Manpower. Pay for many graduates in professional fields …

usatoday.com

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Report: Inflation, Labor Shortages Top HR Concerns In 2023 - SHRM

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Jan 30, 2023 · In fact, the minimum salary that employees say they would take for a job has risen to its highest level—nearly $74,000, according to the Federal Reserve Bank of New York's …

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College Graduates Expect Higher Salaries Than Ever Before: Nearly ...

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Dec 20, 2022 · It turns out that the lowest wage, on average, that workers with college degrees will accept is now $92,100, according to the Federal Reserve Bank of New York’s November …

fortune.com

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Skilled Trades Gain Traction With Gen Z, Report Finds

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Oct 21, 2024 · The Thumbtack report also found that 93% of the Gen Z graduates and 80% of the parents surveyed said learning a skilled trade can be a better route to economic security than …

highereddive.com

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Beyond MSAs: Determining How U.S. Pay Varies By Location - SHRM

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Table 1. U.S. Market Wage Levels by Geographic Pay Zone. Geographic Area [Pay Zone] State: Geographic Locale. Pay Zone 1.CGPI Range: 112.0%+ of National Average.

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Who Will Teach NJ's Kids After Mass Exodus From Education?

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Jun 16, 2022 · Additionally, the Newark Public School District will raise the starting salary for teachers from $55,000 to $62,000. Newark educators and school officials hope the pay raise …

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FAQs about State of the Workplace Study 2023-2024 - SHRM Coupon?

How much do college graduates make a year?

The average starting salary for new college graduates in the U.S. was $55,260 in the year according to a recent report from the National Association of Colleges and Employers (NACE). Starting salaries for new college graduates rose despite the continuing pandemic and labor shortages. ...

Are HR professionals facing a labor shortage in 2022?

Labor shortages. This was still a top concern for 80 percent of HR professionals in 2022, a slight drop from 2021. Thirty percent of HR professionals indicated their organizations had been effective at recruitment, a slight improvement since 2021, but retention became a bigger challenge. ...

Will employers hire more college grads in 2022?

Employers planned to hire31.6% more college graduates in 2022 than last year, according to a survey in March by the National Association of Colleges and Employers. Eighty-one percent of college grads are confident they’ll get a job offer that matches their career goals, a survey by job board Monster shows. ...

What are the labor market outcomes of recent college graduates?

This web feature provides regularly updated information on labor market outcomes of recent college graduates. Labor market conditions improved slightly for recent college graduates in the second quarter of 2024. The unemployment rate edged down to 4.5 percent and the underemployment rate inched lower to 40.5 percent. ...

Will 2021 graduates earn a higher salary than 2020 graduates?

Early projections show that the average starting salaries for Class of 2021 graduates earning bachelor's degrees are expected to increase from those of the Class of 2020, according to a research report from the nonprofit National Association of Colleges and Employers (NACE). ...

Are college grads snaring high-paying jobs?

College grads are snaring high-paying jobs. How the labor shortage made way for better benefits. Brianna Perez, who graduated from Fairfield University in Connecticut last month with a marketing degree, could have gone the tried-and-true route by taking an entry-level job in her field. ...