2024 Mercer QuickPulse™ - US Compensation Planning Survey

In November 2023, the projected average merit increase budget for 2024 was projected to be 3.5% and the average total increase budget was projected to be 3.8%. Now, in March 2024, …


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2024 Mercer QuickPulse™ - US Compensation Planning Survey

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In November 2023, the projected average merit increase budget for 2024 was projected to be 3.5% and the average total increase budget was projected to be 3.8%. Now, in March 2024, …

imercer.com

5%
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2024 Mercer QuickPulse™ - US Compensation Planning Survey

1 week from now

In November 2023, the projected average merit increase budget for 2024 was projected to be 3.5% and the average total increase budget was projected to be 3.8%. Now, in March 2024, …

imercer.com

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Mercer’s Salary Budget Data Indicates 3.9% Increases In 2024

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Oct 4, 2023  · Mercer’s “ QuickPulse US Compensation Planning Survey ” indicates employers are planning to raise their compensation budgets by 3.5% for merit increaeses in 2024 and 3.9% …

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US Compensation Planning Survey Summary | Mercer

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In November 2022, participants of the US Compensation Planning pulse survey reported that they were budgeting 3.9% for merit increases and 4.3% for total increases (on average, including …

imercer.com

FAQs about 2024 Mercer QuickPulse™ - US Compensation Planning Survey Coupon?

What is the Mercer quickpulse TM survey?

Now part of the Mercer QuickPulse TM survey series to give you the latest insights in compensation planning and total rewards. If you would like more details on the Mercer QuickPulse or US Compensation Planning Survey please contact us at 800-333-3070. ...

How do I contact Mercer quickpulse?

If you would like more details on the Mercer QuickPulse or US Compensation Planning Survey please contact us at 800-333-3070. Need compensation planning data in Canada? Access the Canada Compensation Planning Survey for insights to help with pay decisions in that country. ...

What is Mercer's compensation planning survey?

Providing the most comprehensive data, consulting services and analytical tools to help organizations with all their talent needs, keeping them ahead of the market. Mercer’s U.S. Compensation Planning Survey collects information about how employers are planning and administering their annual compensation programs. ...

How can Mercer help you make smart compensation decisions?

Use Mercer’s custom tool to make smart, instant compensation decisions. Powered by AI, algorithms, and pay equity analysis, Co-Pilot provides personalized & individual recommendations for each employee’s compensation. Learn more here. We help clients drive their performance through talent. ...

Which industries will see a higher merit increase in Q1 2024?

Those industries projecting above the overall average are Insurance/Reinsurance and Services (Non-financial), at 3.7% for merit increases. With 49% of companies still reporting that their budget status is “preliminary,” it’s quite possible that we could see actual increases lower than projected when we survey again in Q1 of 2024. ...

Why should you use Mercer?

Mercer is one of the largest sources of employer-reported data. Our products span the globe and cross most industries, providing you with robust, relevant data to manage your workforce. With this online search tool, just tell us the jobs you need benchmark data for and we'll tell you the surveys to explore. ...

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