While agencies invest heavily in attracting and retaining top talent, they often overlook a potent tool for unlocking their full team potential: Financial transparency. Specifically, the radical act of sharing the agency's profit and loss statement (P&L) with everyone, not just the C-suite elite.
Campaign asked agencies to provide their salary averages in APAC. The emerging evidence points to wide disparity across the region, but consensus on underpaying entry-level staff.
Salaries for permanent roles rose just 6% compared with last year, when they were up 10.2%.
US-based job platform Creatively released a survey showing that creatives are reporting higher wages across the board, but those with a metaverse or Web3 focus are making significantly more money.
Employees are paying more at the pump, the grocery store and everywhere else, and they’re looking to companies to make up the difference.
It is estimated that it will take another 30 years for women to reach pay parity with men, writes the director of client strategy and planning at ITV and WACL president in the UK.
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