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2023 Compensation Best Practices Report - Manufacturing Edition
Learn how manufacturing employers are responding to multiple challenges with the goal of bringing sustainable change in compensation management that will see fairer, more transparent pay as we adapt to a new landscape of work.
Comp quick guide: Responding to employee reactions to pay transparency
Front-line employers are navigating volatile wage growth. We examine how they are adjusting comp strategies to retain and attract talent while upholding fiscal responsibility.
Peer trends report: H1 2023
Drive an informed and competitive pay strategy by expanding your data portfolio with Peer so your organization can triumph in today’s talent market.
2023 Salary Budget Survey – Enterprise Edition
Payscale’s Salary Budget Survey: Enterprise Edition offers a detailed breakdown of the actual pay increases paid out in 2023 as well as projected pay increases for 2024.
Minimum Wage Report
In 2023, the federal minimum wage in the U.S. is $7.25 an hour. Most states have higher minimum wages; however, in 20 states, employers can still pay $7.25. Most employers are in favor of raising the minimum wage, but it does come with challenges for managing pay increases and managing pay compression.