24 Seven's 2023 Salary Guide Highlights Compensation as Top Priority for Job Seekers

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Jul 13, 2023, 11:12 ET

Employers taking steps to meet that demand with competitive compensation packages and raises

NEW YORK, July 13, 2023 /PRNewswire/ -- 24 Seven, a leader in the marketing, creative, and digital staffing space, has released its 2023 Salary Guide: Compensation and Benefits, giving employers the insights they need to remain competitive in both attracting and retaining top talent in today's job market.

When asked what employees wanted most from an employer, compensation was king. Nearly half (42%) of the survey's respondents pointed to financial compensation above company reputation (28%), the ability to work remotely (11%), benefits (10%), and employer's commitment to work-life balance (9%).

And many organizations are recognizing that priority. A vast majority of respondents (84%) said their company was taking steps to make compensation packages more competitive to win over talent. Additionally, after a pandemic-era hiatus, raises are back. Seventy-four percent of respondents reported receiving a raise in 2022 – up 14% from the previous year.

The insights and trends identified in the report are based on a 2023 survey of more than 2,100 professionals in the marketing, creative, tech, fashion, beauty, and retail sectors. The report features salary ranges for more than 170 positions and detailed information about the latest hiring and job market dynamics at play today.

Additional findings from 24 Seven's 2023 Salary Guide include:

78% say the benefits and perks a company offers influences whether or not they pursue a job there
59% of employees say they are staying with their current employer for the next year solely because of the uncertain economy
52% of full-time employees have taken on freelance projects in the last year, up from 32% last year
31% of respondents say their company lets them choose whether they work from home or in office and 27% say their company has instituted a hybrid work schedule with designated at-home and in-office days

"It is normal to be confused about the job market right now. Unemployment is low, but we continue to see layoffs," says Anthony Donnarumma, CEO of 24 Seven. "That said, marketing, creative and digital skills are still in demand. For employers looking to secure highly skilled full-timers and freelancers in this space, as well as for job seekers, 24 Seven's Salary Guide highlights where salary and benefits offerings stand today."

24 Seven was recently named by Staffing Industry Analysts (SIA) as one of the Largest U.S. Staffing Firms for 2023. They've also received the following accolades this year:

To download the Salary Guide, visit 24seventalent.com.

About 24 Seven

24 Seven partners with companies to get marketing, creative, and digital work done by providing the right talent, innovation, and insights. We drive meaningful impact by helping navigate change in today's evolving environment. Our robust suite of service offerings enables us to identify customized talent solutions for any situation.

The 24 Seven family of brands includes these subsidiaries:

The Sage Group provides exceptional marketing and business operations consultants, contractors, and permanent talent that drive results for leading companies across industries.
Marketers That Matter® is a thriving community of influential marketing executives coming together to share innovation and insights.
Simplicity Consulting helps brands run their marketing and operations programs with highly specialized consultants in digital marketing, strategic communications and project management.
SketchDeck is a next-generation creative agency that empowers organizations to seamlessly scale their marketing efforts by accessing all the design services they need in one place.

Contact
Kristin Valentine, Executive Vice President Marketing
Phone: 510-599-8438
[email protected]

SOURCE 24 Seven LLC