Employers
Employers Anticipate 2024 Pay Raises to Remain High
WTW News Release (06/29/23) U.S. employers are budgeting an average salary increase of 4.0% in 2024, according to a survey of 2,090 organizations by WTW. Though down from the actual increase of 4.4% in 2023, the numbers remain higher than the 3.1% salary increase budget in 2021 and years prior. More than two-thirds (70%) of U.S. employers budgeted for pay raises to be either the
June 29, 2023