Searching salary history in Journal Article,Workspan Magazine on page 1

This policy establishes a salary range for each salary grade.

Projected 2024 Average Salary Budget Increases in the U.S., by Employee Category 4.2% for nonexempt hourly, nonunion employees.;4.1% for nonexempt salaried employees.;4.2% for exempt salaried employees.;4% for officers and executives.; Source: WorldatWork’s “2023-24 Salary Budget Survey.”

This is according to WorldatWork’s “ 2021-2022 Salary Budget Survey ,” which also found that salary increase budgets are projected to grow beyond pre-pandemic levels to 3.3% in 2022.

Reuse Permission Companies face unique challenges with their salary increase budgets this year.

“As we head into 2022 with continued talent pressures and a lack of salary benchmark data that accurately reflects the market due to anomalies throughout the past two years, there is no doubt that employees across the globe will be making a business case to support higher salary increase budgets,” said Alicia Scott-Wears, director of total rewards content at WorldatWork.

Reuse Permission WorldatWork’s “ 2022-23 Salary Budget Survey ” revealed that salary increase budgets reached their highest level in 20 years in the United States.

Brewery Plant: A Model of Long-Term Success The brewery plant implemented an SBP system that I consider a benchmark for sustainability and success: ;Structured Progression System : Workers advanced through three defined wage levels: ;First level: Entry-level pay for new employees.; ;Second level: Achieved after mastering a neighboring section of the production line.; ;Third level: Attained by acquiring proficiency in a third profession, allowing employees to perform tasks across all areas of the conveyor line.;; ;Skill utilization and efficiency: Employees who mastered all three required skills operated daily across different production areas, eliminating the need for additional administrative oversight.; ;Investments in training and competitive salaries : Steady investments in employee training and maintaining salaries at the 75th percentile of market rates help ensure long-term engagement and motivation.; This system not only incentivized skill acquisition but also provided clear

But why offer these bonuses if employees already earn salaries?

Indeed, a recent PayScale survey of visitors to the site found that 43% of participants had been asked about their salary history when applying for a job, with only 25% of these refusing to answer.

SALARY HISTORY BANS AS A MEANS TO ELIMINATE PAY GAPS Employers’ practice of setting starting pay based on applicants’ salary history has played a significant role in perpetuating the wage gap.