With the average pay hike having fallen for a second straight year and inflation still at 2.4%, employees are increasingly uneasy.
Despite adding more than expected payroll last month, employers’ hiring plans continue to face uncertainty in the new year.
Hustle culture and a lack of salary information may turn away potential job candidates.
Effective talent management will play an even greater role in business outcomes in the new year, as CEOs zero in on productivity and performance amid economists’ predictions of slowing gross domestic product growth in 2025, experts say.