Here's what to expect for raises, promotions, and job-seeking in 2025

Business and Finance Business and Finance

Sun, January 5, 2025

[ Sun, Jan 05th ] - MSN

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Here's what to expect for raises, promotions, and job-seeking in 2025

^{Published on 2025-01-05 05:20:54 - MSN}

Economists talked to Business Insider about job market predictions, including work opportunities in 2025, promotions, and return to office mandates.

The article from MSN discusses the job market outlook for 2025, focusing on raises, promotions, and job-seeking trends. It highlights that while the job market has been volatile, there's an expectation of stabilization with a slight increase in job openings. Companies are likely to offer raises, but these might be modest, averaging around 3-4% due to economic recovery efforts and inflation considerations. Promotions might become more competitive as businesses look to retain talent without significantly increasing payroll costs. For job seekers, the article suggests that while opportunities will exist, the competition will be fierce, particularly in sectors like technology, healthcare, and green energy. Networking, upskilling, and flexibility in job roles or locations are recommended strategies for those looking to advance or switch careers. Additionally, remote work is expected to remain prevalent, influencing how promotions and raises are structured.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/careersandeducation/here-s-what-to-expect-for-raises-promotions-and-job-seeking-in-2025/ar-AA1wZ6Vg ]

N@N

Here's what to expect for raises, promotions, and job-seeking in 2025