More than half (54 percent) of hiring managers and HR professionals reported that they are willing to negotiate salaries on initial job offers in the next year, according to a recent CareerBuilder survey.
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Get Your Report Now!For offers given to new hires, 34 percent of employers say the average change in compensation is expected to grow less than 5 percent in the next year, and 16 percent expect increases of 5 percent or more. Thirty-four percent anticipate no change, three percent expect decreases, and 14 percent are unsure.
Thirty-nine percent of employers expecting increases for new hires say the hikes are to entice skilled applicants to apply, and 25 percent say increase are coming because job offers were turned down due to low compensation.
For both new hires and current employees, information technology hiring managers were nearly twice as likely as the national average to provide salary increases of 5 percent or more. Sales hiring managers were also significantly more likely than other professions to see increases of 5 percent or more.