64% of organizations planning higher merit increases in 2023

Almost 2 in 3 workers got a pay increase this year - Bankrate

About two-thirds of workers (64 percent) received a pay increase, found a better-paying job or both at some point in the 12 months since October ...

STATE OF WISCONSIN COMPENSATION PLAN 2023 - 2025

is increased prior to the expiration of this Compensation Plan, pay increases occurring after the effective date of the new maximum will be subject to the ...

2023-2024 Compensation Landscape Outlook | Nonprofit HR

Nonprofit HR recommends planning for a salary increase budget of 4% to 4.5%. A larger budget for salary increases alone is not enough to address attraction and ...

Why We Don't Increase Salaries Each Year Based On Performance

Did you know that 80% of companies base annual pay increases on performance? Doing so may seem like a no-brainer, especially since other studies like ...

2023 Employer Health Benefits Survey - KFF

The average annual premiums for both single and family coverage increased 7% in 2023. This is a big change compared to last year, when there was ...

The Deloitte Global 2024 Gen Z and Millennial Survey

64%. are willing to pay more to purchase environmentally sustainable products. 25%. have stopped or lessened a relationship with a business due to ...

A Guide to Merit Pay: Reward Your High Performers

If you're struggling with higher than normal turnover rates, a merit pay program could help you attract and retain loyal employees. Merit pay is ...

2023 Classified Service Pay Plan and Compensation Report | NM ...

A solid retirement plan is a key factor in attracting employees to work for an organization, and it is an even larger factor in retaining ...

The Impact of Say-on-Pay on S&P 500 CEO Pay

CEO pay increases were reflective of a 64% increase ... companies become larger and more complex. ... plans at S&P 500 companies with about ...

How Americans View Their Jobs | Pew Research Center

The data was collected as part of a larger survey of workers conducted Feb. 6-12, 2023. Everyone who took part is a member of the Center's ...

Women in the Workplace 2024 report - McKinsey & Company

While the reduction of line roles was still a factor, the primary reason women's representation increased was because companies, on average, ...

Record-high salary increase budgets for 2023 - Normandin Beaudry

Nearly half of organizations had an additional budget of 1.9% on average in 2022, which is higher than the initial forecast of 1.2%. For 2023, forecasts reveal ...

22 Top AI Statistics & Trends In 2024 – Forbes Advisor

64% of businesses expect AI to increase productivity ... AI is expected to see an annual growth rate of 36.6% from 2023 to 2030 ... One in three ...

The Ultimate List of Marketing Statistics for 2024 - HubSpot

91% of businesses use video as a marketing tool in 2023. ... increase website traffic by up to ... 64 report using social media at work (DataReportal, 2023).

The Harvard Law School Forum on Corporate Governance | The ...

CEO pay increases were reflective of a 64% increase ... The past five years have shown that company performance and plan ... the future direction of the company ...

2024 employee pay trends - WTW

In 2023, 96% of organizations increased salaries (compared to 63% in 2020) as overall salary increase budgets and total compensation spend ...

More companies say they're giving bigger raises this year - CNBC

Employers are stopping short of offering inflation-matching raises, though. Companies are planning for an average raise of 4.1% for workers, ...

Not happy with your annual merit increase? : r/MoneyDiariesACTIVE

Every year we would get a *small* merit increase, ranging from 2 - 4% based on your performance review results. I got "exceeded expectations" ...

NAACOS pushes ACO REACH extension after $1.54B in savings

... growth, CMS said. Between 2022 and 2023, per beneficiary per month gross savings increased by 72% to $71.15. Aisha Pittman, senior vice ...

Benefit Rates - Compensation

If VA finds that a Veteran has multiple disabilities, VA uses the Combined Ratings Table below to calculate a combined disability rating. Disability ratings are ...