survey results

We surveyed over 1,900 workers currently working in the U.S. about compensation and found salary and compensation are the most important factors for job satisfaction for workers in the U.S. (65% of workers). While this is no surprise given the current economic climate and our recent workmonitor survey, we uncovered other fascinating insights about workers’ thoughts on pay.

compensation

  • which generation is least satisfied?

    Baby Boomers are less satisfied (20.8%) compared to other groups.

  • are men or women happier with compensation?

    Males are more likely to be satisfied (51.4%) with their compensation than females (39.9%).

  • are workers overall satisfied with their compensation?

    Workers generally consider themselves adequately compensated for their work, but women only slightly agree at a rate of 48 percent, meaning 44 percent do not agree.

  • which generation is most likely to have received a cost of living adjustment?

    While cost of living expenses continue to increase, 60 percent of workers haven’t received an adjustment based on the change, but of those who did, most were from Gen Z (43.4%).

2024 salary guide

Today’s talent marketplace may be a little less turbulent than in previous years, but employers are still contending with lengthy vacancies, high hiring costs and difficulty finding the right people. Even amid all these changes, compensation remains the one lever employers can count on for finding the talent they need. To help employers provide that competitive pay and navigate today’s complex hiring market, Randstad put together its 2024 Salary Guide. To read more about trends in your industry and get updated salary ranges, download your copy today.