BambooHR, a cloud-based human resource platform headquartered in Draper, has released its annual study of worker sentiment concerning compensation, revealing that 40 percent of salaried workers haven’t received a salary increase. For the 60 percent who did, the average increase was 3.6 percent, marking a continued decline from 4.6 percent in 2023 and 6.2 percent in 2022 — a 42 percent decrease over two years.
The annual BambooHR report is titles “The Great Pay Divide: Compensation Trends for 2025.”
“When basic needs outside of work are put at risk, you’ll start to see employees lose focus on the job and even search for opportunities that can help them better stay afloat,” said Anita Grantham, head of HR at BambooHR. “While it’s not uncommon for savvy business leaders to cut costs in difficult economic times, that has to be weighed against the strain the business might experience if you lose Please log in to see the rest of this story.
