2023 Compensation Trends

Salary Increase Projections 2024 (and 2023) - SHRM

US employers plan to raise compensation budgets in 2024 by 3.5% for merit increases and 3.9% for total salary increases for nonunionized employees, but that is ...

Employment Cost Index - September 2024 - Bureau of Labor Statistics

Compensation costs for private industry workers increased 3.6 percent over the year. In September. 2023, the increase was 4.3 percent. Wages ...

A Look Back at the Biggest Trends in Benefits and Compensation in ...

As a result, pay raises in 2023 were a prominent strategy, with data from WorldatWork in September finding that U.S. employers, on average, ...

2023 Compensation Trends & Best Practices - Keep Financial

Companies are starting to shift their focus towards providing more personalized compensation packages, rather than just offering a one-size-fits-all approach.

Survey: 2023 US Salary Increase Budgets Reach 22-Year High

Across industries and occupations, the average (mean) salary increase budget grew 4.4% in 2023. Median growth came in slightly lower at 4.0%.

Compensation costs up 4.5 percent from June 2022 to June 2023

Compensation costs for civilian workers increased 4.5 percent for the 12 months ending June 2023, compared with an increase of 5.1 percent for the year ...

2023 Sales Compensation Trends Survey Executive Summary

Discover 2023 Sales Compensation trends, gain insight on wage inflation, sales growth, and turnover rate changes. Gain wisdom with Alexander Group.

State of startup compensation, H2 2023 - Carta

And at the same time, the employee exercise rate began to trend back up, climbing to 34% in January 2024. Extended exercise windows were more ...

2023 U.S. Total Compensation Increases Averaged 4.1%

A Mercer survey found that U.S. employers reported 2023 annual merit increases averaged 3.8% while total compensation increased by an ...

Must-Know 2023 Hiring and Compensation Trends

Plus, see how to manage the need for new skill sets, the latest trends in benefits and perks, and where 2023 salary ranges are headed for industries including ...

2023-2024 Compensation Landscape Outlook | Nonprofit HR

The Federal Reserve has predicted that the unemployment rate will rise to 4.5% this year in line with an expected recession, but it still does not show signs of ...

2023-24 compensation outlook: Salary budgets, raises and more

Additionally, pay is expected to rise 3.8%, compared to 4% in 2023. This echoes the findings of an earlier WTW survey, which found that ...

Salary Trends in 2023 - LinkedIn

Salary Trends in 2023 High unemployment rate, inflation and red tape are some of the barriers standing in the way of individuals getting ...

An Early Look at CEO Pay Trends From Proxy Season 2024

Among the sample of companies in the study, compensation for CEOs reached $15.7 million in 2023, which would mark an 11.3% increase from 2022.

2023 Compensation Trends Survey Executive Summary - MRA

In this dynamic environment, where talent is both a resource and a sought-after commodity, a robust total rewards strategy has never been more critical. In the ...

Today's Top Compensation Trends - Tilson HR

According to a new ADP report analyzing payroll data, workers who changed jobs got a median raise of 16.1%. Interestingly, according to the same report, that's ...

Q4 Compensation Planning: 2025 Salary Trends - Helios HR

7 compensation trends to watch in 2025 · 1. Salary growth will stabilize and possibly fall · 2. Higher starting salaries are leading to pay compression · 3. Pay ...

Sales Compensation Trends to Know in 2023 - QuotaPath

REPORT Sales Compensation Trends to Know in 2023 · Survey Says... · Comp plans designed to build trust & transparency · The "average" comp plan · Creation & ...

2025 Compensation Trends Your Organization Should Know About

So far in 2024, actual pay increases in the U.S. have averaged 3.6%, down from the 4% raises observed in 2023. Although pay increase rates are ...

Revisiting Three Compensation Trends in 2023

1. Pay Raises. At the beginning of this year, most research concluded that median pay raises would increase to somewhere between 4% and 5% in ...