2024 Mercer QuickPulse™ - US Compensation Planning Survey

As Q1 of 2024 ends, let’s find out if employers stuck to their budget projections. April 19, 2024 Toward the end of 2023 Mercer, along with other companies, released compensation planning …

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

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Oct 4, 2023 · Mercer’s latest salary data finds that organizations are planning for merit increases of 3.5% in 2024 and for total salary increase budgets to be at 3.9%.

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US Employers Plan More Modest Compensation Increases In 2024

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Sep 25, 2023 · According to the survey, employers in the US plan to raise their compensation budgets by 3.5% for merit increases for 2024 and 3.9% for their total salary increase budgets …

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We're Likely To Get Just A 4% Salary Increase From Employers

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Dec 29, 2023 · Per a new report from Mercer, an investment and retirement consulting firm, released the results of its August 2023 Mercer QuickPulse™ US Compensation Planning …

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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. ...

Should you participate in Mercer's US compensation planning survey?

Definitely participate in Mercer’s next installment of the US Compensation Planning Survey, coming in October. It will provide you with another round of budget projections to help you finalize your plan. If you have questions or just want more information about Mercer, give us a call at 866-605-1031, or send us an email. ...

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. ...

What is Mercer's Merit co-pilot?

Mercer’s Merit Co-Pilot Accelerate your end of year compensation planning and merit processing with a custom Co-Pilot to support your organization. Use Mercer’s custom tool to make smart, instant compensation decisions. ...