In a year marked by tech layoffs and high inflation, competition for workers helped to lift paydays at most S&P 500 companies for the second straight year, according to a Wall Street Journal analysis.
Compensation for the median worker at 278 companies in the S&P 500 index was higher in 2022 than in the year before, according to the Journal’s analysis of data collected by MyLogIQ. About 100 of the companies said their median worker’s pay rose 10% or more, roughly the same number as in 2021.
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