Salary news

Here are some recent salary news and trends:

Global Salary Trends:

• According to a report by Mercer, the global average salary increase for 2022 is expected to be 3.5%, with the highest increases expected in Asia Pacific (4.1%) and Latin America (4.3%).
• A report by Korn Ferry found that the global average salary increase for 2022 is expected to be 3.2%, with the highest increases expected in the technology and healthcare industries.

Industry-Specific Salary Trends:

• Technology: According to a report by Glassdoor, the average salary for software engineers in the United States is $124,000 per year, with the highest salaries found in cities like San Francisco and New York.
• Healthcare: According to a report by Doximity, the average salary for physicians in the United States is $313,000 per year, with the highest salaries found in specialties like orthopedic surgery and cardiology.
• Finance: According to a report by eFinancialCareers, the average salary for investment bankers in the United States is $100,000 per year, with the highest salaries found in cities like New York and London.

Salary Increases by Company:

• Amazon: According to a report by Bloomberg, Amazon is planning to increase salaries for its warehouse workers by up to 30% in an effort to attract and retain talent.
• Google: According to a report by CNBC, Google is planning to increase salaries for its employees by up to 20% in an effort to retain talent and attract new hires.
• Microsoft: According to a report by The Verge, Microsoft is planning to increase salaries for its employees by up to 15% in an effort to retain talent and attract new hires.

Salary Negotiation Tips:

• Do your research: Research the market rate for your position and industry to determine a fair salary range.
• Know your worth: Make a list of your skills, qualifications, and achievements to demonstrate your value to potential employers.
• Be confident: Be confident and assertive when negotiating your salary, and be prepared to explain why you deserve a certain salary.
• Be flexible: Be open to negotiation and willing to consider alternative compensation packages, such as additional benefits or a performance-based bonus.

I hope this information is helpful!