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People who change jobs are seeing big pay bumps

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People who change jobs are seeing big pay bumps

Job changers' pay is up 15.2% from a year ago

Sam Ro, CFA
Nov 2, 2022
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People who change jobs are seeing big pay bumps

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(Source: ADP)

From payroll processor ADP: “Job changers continued to record double-digit, year-over-year pay increases, but momentum in those gains is ebbing. For these workers, annual pay growth edged down for the third-straight month, to 15.2% in October from 15.7% in September. For job stayers, pay gains were 7.7%, in line with recent months.“

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