Salary Increase Projections 2025

Salary Increase Projections 2025 (and 2024) - SHRM

U.S. employers are planning for 3.5% pay raises on average next year—a dip from the past couple of years—due to a cooling labor market.

Mercer: 2025 Salary Projections Consistent with 2024 - SHRM

On average, US employers are budgeting for 3.3% merit increases and 3.6% increases for their total salary budgets for nonunionized employees.

Compensation planning for 2025: Five trends that matter

According to World at Work, median salary budget increases are expected to remain constant at 4.0% for all employees in 2025 and drop slightly ...

Conference Board Projects 3.9% Salary Increase Budgets for 2025

A report from The Conference Board showed U.S. employers are anticipating 3.9% salary increase budgets for 2025.

2025 Projected Annual Merit Increases | Mercer - iMercer.com

Employers are planning to promote just under 10% of employees in 2025, which is up slightly from the 8% they predicted promoting in 2024. For ...

2025 Salary Increase Planning Tips - Aon

The projected figures for salary increase budgets in 2025 closely match the 2024 figures and do not show upward movement. This trend reflects a ...

The Future Of Salary Increases: Why Next Year Might See A Decline

According to a new poll by WTW, a consulting firm, the typical worker can expect a 4.1% pay raise for 2025, down from 4.5% this year. Based on ...

Survey Reveals Salary Budgets Are Growing at Near-Record Pace

Latest Press Release · Employers, on average, report planned salary increase budgets of 3.9% for 2025. · This is down from actual increases of 4.4 ...

Budgets for base salaries expected to soar again in 2025 - CFO.com

Following actual salary-budget growth of 4.4% in 2023 and 3.8% in 2024, the expected average increase for next year is 3.9%, as revealed by a ...

What will salary increase budgets look like for 2025? - HR Executive

New research out this week from The Conference Board found that—of the 300 compensation leaders the organization surveyed—projected salary ...

US Salary Increase Budgets 2024-2025 - The Conference Board

Employers expect 2025 base pay budgets to rise by nearly 4%, continuing a two-decade high that began in 2022.

How Much Will Salaries Increase in 2025? | Careers | U.S. News

Surveys and market analysis point to average salary increases between 3.5% and 3.9% in 2025. · Workers can position themselves for bigger pay ...

Mercer Projects 3.6% Total Salary Increase Budgets in 2025

Mercer research points to 3.3% merit increases and 3.6% total salary increases for U.S. workers in 2025.

Salary budgets could grow at near-record pace for 2025 - HR Dive

According to a Payscale survey, U.S. employers are planning for 3.5% raises for 2025 — though these also range from about 3% to 4.5%, depending ...

Pay Raises Expected to Slow in 2025 as Labor Market Cools - insurica

As the white-hot labor market of the past few years shows signs of cooling down, pay raises for U.S. workers in 2025 are projected to be slower than recent ...

U.S. Employers Forecast 3.5% Pay Increases in 2025 - HRO Today

Pay raise growth is on the decline but slightly more people are set to receive one in 2025, according to research from Payscale.

2025 Projected Annual Merit Increases | Mercer Canada - iMercer.com

The projected 2025 merit increase budget and total increase budget of 3.0% and 3.4% (including zeroes), respectively, are lower than what was reported as the ...

Early 2025 Salary Budget Projections Tempered by Economic ...

Shifting macro concerns are driving a notable decline in projected salary budget growth for next year - from a 2022 peak of 4.5% to an expected 3.8% for 2025.

The Definitive Merit Increase Matrix for 2025 | BalancedComp

The average projected salary structure movement (from the 2024 midpoint to the 2025 midpoint) for exempt and non-exempt employees is around 3.0% ...

Salary budgets for 2025 are growing at a near record pace

More raises could be coming in 2025. Despite a hiring slowdown, companies are planning to increase salary budgets by an average of 3.9%.