Employee Confidence, Expectation of Pay Raise Rises: Glassdoor
More than two in five (42 percent) employees expect a pay raise in the next 12 months, a high in nearly two years, according to the survey.Approximately one in three employees (32 percent) report pay raises to be among their top work-related resolutions for 2014, according to the Glassdoor fourth quarter 2013 Employment Confidence Survey. The Glassdoor survey, conducted online by Harris Interactive, evaluates four key indicators of employee confidence each quarter: business outlook optimism, salary expectations, job security and job market optimism/rehire probability. More than two in five (42 percent) employees expect a pay raise in the next 12 months, a high in nearly two years. Employees in the Northeast (49 percent) are more optimistic than employees in the West (36 percent) about a pay raise in the next year. "Employees are beginning to feel more sure-footed in the economy and the job market, and in turn are hopeful and more confident about their chances of seeing their compensation rise. They are also feeling less fearful and are looking forward to taking a breather and taking time out to go on vacation," Rusty Rueff, Glassdoor career and workplace expert, said in a statement.
Other top resolutions for the new year focus on personal improvement and welfare, including one in five (20 percent) employees reporting they plan to take or use all the vacation days they have earned, up 7 percentage points from the year prior.