Compensation solution provider PayScale has released a massive study that includes some predictions from employers about 2014 – a year they expect to be marked by improved performance, a good deal of hiring and loads of retention challenges.

Last year demonstrated that companies were feeling gradually more confident about their prospects. That led to more and higher raises and cautiously more aggressive efforts to retain and recruit top talent.

The 2014 forecasting that emerges from the study offers insight into the ways that the last recession continues to shape financial outlooks and compensation and retention/recruiting strategies.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.