Not Budging: 2019 Forecasted Base Salary Increases Stay at 3 Percent, According to Korn Ferry Research
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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US:NYSE Investor Relations:
ir.kornferry.com
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- For the eighth year in a row, U.S. employees can expect to see a 3 percent median base salary increase in 2019, according to new research released by Korn Ferry (NYSE:KFY). The average base pay increases are for workers at all levels, from clerical through senior executive. The salary increase figure is consistent with the actual base pay increase of 3 percent reported by the surveyed companies in 2018. These projected and actual increases have remained consistent since the end of the recession and reflect employers’ ongoing conservative attitude toward base salary increases. The U.S. Bureau of Labor Statistics recently reported that the overall Consumer Price Index (CPI) rose 2.9 percent during the last 12 months, virtually negating any real wage growth. “Even though the United States is experiencing very low unemployment levels and the war for talent
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KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website