Modest Pay Increases Likely Won't Help Americans
Update: 2025-12-10
Description
Mercers survey reveals that employers plan to keep base salary increases at around 3.2%, with total increases expected to be around 3.5%. This is the same as last year and lower than post-pandemic years. Inflation, at around 3%, erodes the purchasing power of paychecks, leading to an affordability crisis. Most employers plan to distribute salary increases equally, not prioritizing high-demand skills. High-tech companies project the largest merit increases, while health care services and retail expect lower-than-average merit budgets. Slower wage growth could pose a significant risk to the economy, contributing to rising inflation and slower real wage growth.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
