2024-25 Regional Salary Budget Survey Results - AAIM

The 2024-2025 Regional Salary Budget Survey provides essential compensation insights gathered from organizations across Florida, Illinois, Indiana, and Missouri. This survey, …

5%
OFF

Employers Budgeting For 3.5% Pay Raises Next Year - SHRM

2 weeks from now

Aug 13, 2024 · Payscale’s new Salary Budget Survey found that 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 …

shrm.org

FAQs about 2024-25 Regional Salary Budget Survey Results - AAIM Coupon?

What is the 2024-2025 salary budget survey?

The 2024-2025 Salary Budget Survey (SBS) from Payscale provides insights on what organizations are planning for base pay increases in 2025 in the United States, Canada, and select international locations. ...

Are 2025 salary increase budgets the same as 2024 salary budgets?

The majority of U.S. employers (66%) said 2025 salary increase budgets are expected to be the same as their 2024 salary budgets, 19% said 2025 salary budgets are expected to be higher, and 15% said they expect them to be lower. Payscale’s data comes on the heels of two other reports projecting employer pay plans for 2025. ...

What is the average salary increase in 2024?

The survey also showed a return to typical salary increases of 3 to 3.9 percent, as reported by 38 percent of respondents in 2024, compared to 25 percent in 2023. Expectations for 2025 are similar to 2024. “Last year, we noted that salary increases might be at a peak, even with 4 percent becoming the norm. ...

Did average salary increases start to slip in 2024?

Annual Research Report Finds Average Salary Increases Started to Slip in 2024WALTHAM, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Salary.com, a leading provider of compensation market data and software, shared the results of its annual National Salary Budget Survey. ...

How much do employers plan on salary increases in 2025?

U.S. employers plan on 3.5 percent salary budget increases for 2025. Canada employers plan on 3.3 percent increases. This is a decline from 3.6 percent and 3.4 percent respectively for the pay increases employers actually gave in 2024. ...

Are employers predicting a rise in salaries in 2025?

Projections differ slightly between surveys based on what kinds of employers are surveyed—and how many—and when polls are conducted. A July report from consulting firm WTW, which surveyed roughly 32,000 organizations between April and June, found that employers are predicting a 3.9% jump in salaries in 2025. ...