Employers: This requires your attention!
Credit: BambooHR
Compensation Trends Report 2025: Insights on Pay Disparities
KEY TAKEAWAYS
72% of employees have positive feelings about their current compensation, a drop from 83% in 2022
73% of employees feel like they deserve a pay raise, but 27% don’t want one if it means more work
64% of men received a salary increase in the past year, compared to just 55% of women
47% of employees have discussed their salary with a coworker, including 42% in the last year
50% of employees are currently struggling to make ends meet due to rising costs
61% of US workers say executives and leadership don’t understand the financial struggles of typical employees
Over half (55%) of employees think their company’s CEO is overpaid
For the second year in a row, 2 in 5 salaried workers haven’t received a salary increase in the past 12 months
Of those who received a salary increase, the average increase was 3.6%
Nearly 1 in 3 employees (32%) were dissatisfied with their most recent salary increase, up from last year (23%)
44% of employees say they’d like to change jobs, but because their salary is secure, they’re staying put
52% of employees would rather have a higher salary than equity, bonuses, or profit sharing
Wow, right? This isn’t something you can read and ignore.
Are you okay with employee’s negative feelings about their salary?
Are you okay with employees doing the bare minimum , but demanding a pay increase?
Are you okay with women receiving less salary increases than men?
How did discussing salaries with co-workers become a shareable topic?
Are you okay that 1/2 your work force struggles to make ends meet?
Are you okay that you’re thought of as not understanding your team’s financial struggles?
Are you okay that 1/2 your team thinks you’re overpaid?
Are you okay not offering regular, annual raises and/or bonuses?
Are you okay that the average salary increase is only 3.6%
Are you okay that employees are not satisfied with their salary increases?
Are you okay that employees would prefer to leave their current job, but only stay due to a consistent pay check?
How are you going to help more than 1/2 your employees reach a higher salary and fewer additional perks?
There are so many reasons employees are feeling this way and if they don’t have you on their side and understanding their struggles and why they’re discouraged with their current salary, it’s time to take action!
Together, let’s take on these concerns and find solutions so your work force evolves from good to great!
Contact JAG Consulting today!
janellegardiner@consultjag.com
703-447-4233