Survey: US workers want pay increases, salary transparency
from By Terri Williams
Workers want a fulfilling job, but let's be clear: compensation is a key factor in attracting and retaining workers. Randstad's 2020 U.S. Compensation Insights survey reveals the importance of both compensation and transparency regarding pay. According to the survey, 74% percent of millennials expect a pay raise every year in order to stay at their companies, versus 62% of baby boomers and 66% overall. Additionally, 40% of employees say they've only ever received a raise if they've asked for one, but this number is higher among younger employees.
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