U.S. Compensation planning survey - Mercer

August survey highlights. Supply and demand of talent drives compensation: Tightness in the labor market has raised compensation budgets in the past, but in 2024, companies reduced …

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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 …

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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, …

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Mercer Projects 3.6% Total Salary Increase Budgets In 2025

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Oct 9, 2024 · Reuse Permission. U.S employers are budgeting for 3.3% merit increases and 3.6% total salary increases for non-unionized employees in 2025, according to Mercer’s August …

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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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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, …

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2025 Projected Annual Merit Increases | Mercer

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Employers are planning to promote just under 10% of employees in 2025, which is up slightly from the 8% they predicted promoting in 2024. For companies that have a separate promotional …

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FAQs about U.S. Compensation planning survey - Mercer Coupon?

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. ...

Will Mercer's 2023 compensation plan lag behind inflation?

NEW YORK-- ( BUSINESS WIRE )--Today, Mercer released the results of its 2023 US Compensation Planning Survey revealing that while salaries are going up, 2023 compensation budgets and salary projections for US employers are expected to lag behind inflation. ...

What is the US compensation planning survey?

The US Compensation Planning Survey includes data from more than 1200 US organizations of varying sizes across 15 industries. You can review more of the survey findings here . Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. ...

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 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. ...

How much do employers spend on workers' compensation in 2022?

This is a continuation of practices seen over the last year, which resulted in significant gaps in employers’ total compensation spend relative to budgets for 2022. This is especially true for hourly workers, whose base pay rose on average 6.7% 2 in 2022, despite a 3.8% 3 total base pay increase budget. ...