As organizations rapidly approach the 2022 finish line, much of the meticulous planning for a potential economic downturn in 2023 has been factored into budgeting decisions and financial forecasting.

Yet, a prevalent sentiment among the employee population is 2022 wages have not kept up with inflation, thus compensation experts are anticipating a potential windfall of salary increase requests in the waning weeks of the year. A strategy being deployed by some employees is actively seeking outside offers to leverage into raises with their existing employer. READ MORE