Salary Budget

A new survey of corporate America reveals that base salary budget increases for 2025 are projected to continue close to the fastest pace in two decades. Salary increase budgets are a good proxy for the average raise a worker receives in a…
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Actual pay increases in 2024 are 3.6% on average compared to 4% last year, indicating that annual raises are softening in a cooler labor market. While employees in science, engineering, and government will experience salary…
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