Most US Employers Plan To Hike Pay and Address Pay Equity in 2022

If there was ever a time for employers to offer financial incentives to workers, it’s now, with millions of workers voluntarily leaving the workforce, the U.S. facing a massive labor shortage and American consumers grappling with the highest inflation rate in decades.

The vast majority of employers plan to respond by hiking their base pay rates this year, with many offering larger-than-normal raises, according to a new survey from Payscale. READ MORE