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Survey Results > Talent Factor

Seventy-Two Percent of Employers Plan To Increase Compensation in 2013

In an effort to retain and attract top talent for skilled positions, employers expect to provide higher compensation for both current staff and prospective employees. According to CareerBuilder’s 2013 Hiring Forecast, seventy-two percent of employers plan to increase compensation for existing employees – up from 62 percent last year – while 47 percent will offer higher starting salaries for new employees – up significantly from 32 percent last year. Most increases will be 3 percent or less.

2013 compensation

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Stephanie Gaspary

About Stephanie Gaspary

Stephanie is the managing director of content strategy at CareerBuilder, tasked with creating opportunities to share the CareerBuilder story across job seeker and employer channels. Stephanie, a lifelong learner, holds a Master's in Business Administration and a Master's in Management - both from North Park University and a Bachelor's degree in Art from Bethel University. A Minnesotan at heart, Stephanie has lived in Chicago for nearly 20 years, is the doting mother to two wacky german shorthaired pointer pups, looks forward to her morning run *almost* as much as that first cup of coffee and vows to one day live in the mountains. Follow @sgaspary. Follow @cbforemployers.
10 comments
soumyarnjan das
soumyarnjan das

Recent legislation in FLorida, requires that accident patients be sen by a medical doctor within 14 days of their auto accident injuires in order to qualify for the higher monetary limits in benefits and medical care coverage

soumyarnjan das
soumyarnjan das

Recent legislation in FLorida, requires that accident patients be sen by a medical doctor within 14 days of their auto accident injuires in order to qualify for the higher monetary limits in benefits and medical care coverage

macculam
macculam

These entities serve the specific employee groups who are covered under the relevant statutes and regulations by mitigating the financial burden resulting from workplace injury. Individuals injured on the job while employed by private companies or state and local government agencies should contact their state workers' compensation board.

Bikram890
Bikram890

These entities serve the specific employee groups who are covered under the relevant statutes and regulations by mitigating the financial burden resulting from workplace injury. Individuals injured on the job while employed by private companies or state and local government agencies should contact their state workers' compensation board.

JillsJobs
JillsJobs

Wow this is really good news!  What a great article. I think every employee would be happy if their company made this change! :)

Rajkishor rout
Rajkishor rout

When companies are cautious about making major hiring commitments, they often turn to staffing and recruiting companies and temporary workers to help meet increased market demands. The study found that 40 percent of employers plan to hire temporary and contract workers in 2013, up from 36 percent last year. Among these employers, 42 percent plan to transition some temporary workers into full-time, permanent employees over the next 12 months, perhaps as they see how various economic factors play out over the course of the year.

Rajkishor rout
Rajkishor rout

When companies are cautious about making major hiring commitments, they often turn to staffing and recruiting companies and temporary workers to help meet increased market demands. The study found that 40 percent of employers plan to hire temporary and contract workers in 2013, up from 36 percent last year. Among these employers, 42 percent plan to transition some temporary workers into full-time, permanent employees over the next 12 months, perhaps as they see how various economic factors play out over the course of the year.

Curtman40
Curtman40

This is good news as I could use a few more dollars in my paycheck, thanks !

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