Do Employees Think They Will Get What They Deserve?

Yesterday’s Advisor explored a recent survey by Glassdoor concerning employment confidence. Today we’ll continue to explore the results of this survey, specifically about salary expectations and job security over the next 6 months.

Where Do You See Your Salary in 1 Year?

Glassdoor asked its participants if they expected a pay raise or a cost of living increase in the next 12 months. Here are the responses to that question:

  • Fifty percent of employees expect a pay raise or cost-of-living increase over the next 12 months. This is the highest it’s been since Q4 2008.
  • Thirty-one percent of employees don’t expect a raise or cost-of-living increase, and 18% have no idea.
  • Fifty-six percent of employees aged 18–34 feel they are less likely to get a pay raise in the next 12 months while 43% of those aged 45–54 and 44% of those aged 55–64 feel the same way.
  • Pay raise and cost-of-living expectations are approximately equal among men (51%) and women (49%).
  • Forty-four percent of those earning less than $50,000 are less optimistic about receiving a raise or cost-of-living adjustment while those earning above that amount ranged from 58% ($75,000–$99,000) to 49% ($100,000 and up).

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Where Do You See Yourself in 6 Months?

Participants were asked if they felt they would be laid off in the next 6 months. Here are the results of that question:

  • A total of 15% of employees are concerned they might not have a job in 6 months. This is down 2% from last quarter.
  • Twenty-two percent of employees are concerned their coworkers might get laid off in the next 6 months, down 2% over last quarter.
  • Nineteen percent of men were concerned about being laid off in the next 6 months over only 9% of women.
  • Twenty-two percent of participants aged 18–34 had concerns about losing their job, while only 12% of those aged 35–44 were similarly concerned, and a mere 7% of those aged 55–64 felt the same way.
  • Employees in the Western United States were more concerned (28%) about being laid off than those in the Midwest (11%), the Northeast (12%), and the South (9%).

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