Companies are paying more for experienced workers, despite a decline in hiring. The trend is seen across various job types. For some roles, such as content marketers, there has been a significant drop in new hires over the past two and a half years.

Experienced content marketers are being paid about 21% more than those already in the role. A similar pattern is observed for other jobs, like HR generalists, where senior talent commands a premium.

Further information on job trends and compensation is available from sources like Pave, which tracks hiring and salary data.