With employee sentiment dipping and compensation remaining
a top priority, employers must navigate challenges to access
skilled talent
NEW
YORK, May 2, 2024 /PRNewswire/ -- 24
Seven, one of the nation's largest privately held marketing,
creative, and digital talent solutions firms, has released its
2024 Salary Guide: Compensation and Benefits. The annual
report provides invaluable insights into current hiring and
workforce trends, and salary ranges for more than 170 positions in
the Marketing, Creative, Technology, Beauty, Fashion, and Retail
industries.
24 Seven's 2024 Salary Guide Reveals Key
Compensation and Workforce Trends.
Financial compensation was cited as the top priority for job
seekers, taking priority over remote work options, health benefits,
work-life balance, and the employer's reputation, according to the
survey of more than 2,500 professionals in the U.S.,
Canada, and the U.K. In fact, 31%
of respondents reported being dissatisfied with their current
compensation, and of those, a majority (52%) report they are likely
to leave as a result.
Some additional key findings from 24 Seven's 2024 Salary Guide
include:
- 86% of employees expect a raise in 2024, yet only 33% received
a compensation increase in 2023 – a sharp decline from the previous
year
- Employee sentiment has notably dipped, with only 48% reporting
they are happy in their job compared to 70% in 2023
- 44% of workers say they are staying with their current employer
solely due to economic uncertainty, signaling retention
risks on the horizon
- While 60% of employees say they are loyal to their companies;
only 44% believe that their employer is loyal to them in return
- 66% of full-time employees now take on freelance projects, more
than double the 32% from just two years ago
"Our 2024 Salary Guide serves as an essential resource for
employers looking to stay competitive in today's complex job
market," said Anthony Donnarumma,
CEO of 24 Seven. "This report provides employers with the
data-driven insights necessary to make smart talent decisions and
ultimately compete for sought-after skills, particularly in the
creative, marketing and IT space."
A full copy of the report and additional findings are available
for download here.
About 24 Seven
24 Seven partners with companies to get marketing, creative, and
digital work done by providing the right talent, innovation, and
insights. We drive meaningful impact by helping navigate change in
today's evolving environment. Alongside traditional staffing
solutions for contract and direct hire positions, 24 Seven offers a
robust suite of expanded global services, including consulting,
embedded teams, a creative agency for outsourced projects,
executive recruitment, a community for top marketing leaders, and
retail and experiential activation support. Through this tailored
approach, 24 Seven delivers high-quality, efficient, and customized
talent solutions for your ongoing business needs.
Contact
Kristin Valentine, Chief
Marketing Officer
Phone: 510-599-8438
Kvalentine@24seveninc.com
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SOURCE 24 Seven LLC