Americans' dream wage is 25% above their current salary
A dream salary is a very personal matter; some people see it as an end goal, some people as a means to an end. The result is the same,, it’s something we are aiming for and are willing to sacrifice much of our time and energy to achieve. But with such an opaque labor market, how can we ensure employees’ happiness with their compensation?
As a result of our study where we compared the desired salary employed job seekers have entered on Wanted with the current market averages of their job titles, seniority and city, Americans expect a salary that is about 25% above their current compensation. It’s definitely not the only factor that matters, but salary is a key ingredient to motivate and engage employees.