Tag: inflation

College Professor
Apr 30, 2024
Higher Education Salary Growth in 2023 Surpasses Pandemic-Era Inflation

New insights from a recent study conducted by CUPA-HR shed light on the salary landscape within higher education for the 2023-24 period. Notably, median pay increases continued their upward trajectory from the previous year, surpassing the inflation rate for the first time since 2019-20. Nevertheless, despite this positive trend, many employees in higher education are […]

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average US pay increase
Jan 18, 2023
Average US Pay Increase Projected to Hit 4.6% in 2023

The average US pay increase is expected to hit 4.6% in 2023, according to a recent survey from the Bureau of Labor Statistics. This increase is slightly higher than the 3.2% that was projected in 2019. It is expected to be a result of the current low inflation rate, as well as the tight labor […]

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