Key Takeaways from the 2024 Salary Survey

iMPact Business Group Releases Salary Survey Highlighting Latest Job Market Trends. Annual report provides crucial insights for employers and professionals across IT, engineering, finance/accounting and more.
 
GRAND RAPIDS, Mich. - May 2, 2024 - PRLog -- GRAND RAPIDS, Mich. iMPact Business Group, a leading recruiter for IT, engineering, finance and accounting professionals nationwide, today published the results of its annual Salary Survey. The comprehensive report offers a detailed look at the latest compensation data, job satisfaction priorities, hiring activity and work preferences across these in-demand career fields.

Some of the key takeaways from the 2024 Salary Survey include:
  • Remote/hybrid work models solidifying, with 40.6% working remotely or in a hybrid arrangement
  • A reversal from 2023 as more respondents (39%) are actively looking for new job opportunities
  • Advancement opportunities (46%) slightly edging out salary (40%) as the top job satisfaction driver
  • Signs of salaries tightening up compared to recent years amid more competition per open role
  • While still important, fewer candidates (27%) requiring a 20%+ pay increase to switch jobs

"With the hiring landscape constantly shifting, reliable data on compensation levels, employee priorities and recruiting trends is absolutely essential for organizations looking to attract and retain top talent," said John Smith, president of iMPact Business Group. "Our annual Salary Survey aims to provide that mission-critical intelligence to enable more informed workforce planning and strategy."

The full 2024 Salary Survey report, which also breaks down data by experience level, job role, geographic region and other key segments, is available to download now at https://impactbusinessgroup.com/key-takeaways-from-the-20...

About iMPact Business Group iMPact Business Group is a national staffing and recruiting firm connecting top professionals with rewarding careers in the IT, engineering, finance, accounting and other high-demand sectors. With 20+ years' experience and a presence across 25+ states, iMPact leverages its extensive candidate network and market mastery to drive superior hiring results for clients. For more information, please visit www.impactbusinessgroup.com.

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Tags:Salary
Industry:Services
Location:Grand Rapids - Michigan - United States
Subject:Surveys
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