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“Job seekers, especially millennials and Gen Z, who now make up most of the workforce, expect open conversations about pay from the start,” she said.

A labor economist, on the other hand, would be more interested in the causal connection between relevant experience and starting salary (e.g., relevant experience helps predict fit for the role or future performance) ( Heckman and Pinto 2023).

The Business Group on Health is a non-profit organization representing large employers’ perspectives on optimizing workforce strategy through innovative health, benefits and well-being solutions and on health policy issues.

For WorldatWork Members ;If Workers Feel Squeezed, Reinforce the Sum Total of Your Rewards , Workpan Daily Plus+ article; ;Emphasize the Value of Total Rewards During Economic Uncertainty , Workpan Daily Plus+ article; ;Nicely Filled Rewards: Because There’s More to Turnover Than Dough , Workpan Daily Plus+ article; ;Compensation Philosophy Guide , tool; For Everyone ;The ‘Salary Squeeze’: How the Workforce Is Weighing Compensation , Workspan Daily article; ;A Framework for Fair and Consistent Pay Decisions , Workspan Daily article; ;Perception Is Everything: The Path to Pay Confidence , Workspan Daily article; ;Tips on Taking the Emotion Out of Pay Conversations , Workspan Daily article; ;2025-2026 Salary Budget Survey , research; If compensation professionals in the U.S. were to gaze into a crystal ball to find the “perfect” salary, one figure might appear: $74,000.

Productivity in Q1 Fell for First Time in Nearly Three Years;Bipartisan Bill Seeks to Install Portable Retirement Accounts;Florida Passes Employer-Friendly Bill on Noncompete Agreements; Research Ties High Health Insurance Literacy to Better Outcomes People with higher health insurance literacy are likely to experience fewer unexpected costs and have better healthcare experiences, according to new research from Cigna Healthcare.

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Employed workforces are largely fixed costs.

But now, with game-changing technologies like AI evolving at lightning speed, the pressure to acquire the right skills and to restructure teams (and sometimes entire enterprise workforces) to meet business demands has never been more intense.

Incorporating equity into total compensation plans also can be very practical for startups, which tend to be cash poor and tend to attract growth-oriented talent that is newer to the workforce, Holloway said.