Salaries, At Least At Big Companies, May Be Finally Thawing

In a sharp increase from two months ago, more than half of employers now plan to unfreeze frozen salaries within the next six months, a 21 percent increase from two months ago.

Out of 201 large employers surveyed by Watson Wyatt, 54 percent of employers that froze salaries are planning to thaw them by April; 49 percent of companies that instituted a hiring freeze will at least partially reverse it.

Only 5 percent of companies believed they would never reverse the pay freeze.

These companies are hiring; almost all of them (96 percent) have extended offers to new employees in the past three months, and 93 percent anticipate hiring more in the coming three months.

Join Baratunde Thurston (left), The Onion’s Director of Digital and author of How to Be Black, for an entertaining look at creative social media campaigns in our Social Media Marketing Boot Camp starting this Thursday, February 16. Other speakers include Morin Oluwole (Facebook), Michael Brito (Edelman Digital), and Tim Devane (bitly). Register now.