Despite economic uncertainty, US employers maintain elevated

Dec 10, 2024 · Today, Mercer released the results of the November 2024 Mercer QuickPulse™ US Compensation Planning Survey. According to the survey of more than 850 US organizations, employers are planning to raise their compensation budgets by 3.3% for merit increases and …

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Despite Economic Uncertainty, US Employers Maintain Elevated

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Despite Economic Uncertainty, US Employers Maintain Elevated ...

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Employers are planning to promote 9.3% of employees in 2025, up from 8% in 2024. Many employers reported a flexible approach to promotions, conducting them as needed or via two …

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Despite Economic Uncertainty, US Employers Maintain Elevated ...

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According to the survey of more than 850 US organizations, employers are planning to raise their compensation budgets by 3.3% for merit increases and 3.7% for total salary increases for non …

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Despite Economic Uncertainty, US Employers Maintain Elevated

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Dec 10, 2024 · Employers are planning to promote 9.3% of employees in 2025, up from 8% in 2024. Many employers reported a flexible approach to promotions, conducting them as …

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Despite Economic Uncertainty, US Employers Maintain Elevated ...

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Dec 10, 2024 · Employers also plan to promote 9.3% of employees in 2025, up from 8% in 2024 . Today, Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping …

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Despite Economic Uncertainty, US Employers Maintain Elevated ...

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Dec 10, 2024 · Mercer's November 2024 QuickPulse™ US Compensation Planning Survey reveals that employers plan to maintain elevated compensation budgets for 2025, with 3.3% …

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Despite Economic Uncertainty, US Employers Maintain Elevated ...

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Dec 10, 2024 · Despite Economic Uncertainty, US Employers Maintain Elevated Compensation Budgets for 2025, According to Mercer Employers also plan to promote 9.3% of employees in …

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Economic Outlook: Productivity To Drive U.S. Growth In 2025

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Dec 19, 2024 · Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024, which means a growth rate above 3% with the gains being …

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How Is Today’s Economy Influencing The US Workforce? - Kantar

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27% of US workers say they are pursuing additional income streams because of economic uncertainty. In fact, 37% of the workers in the US have at least one side hustle now, which is a …

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Despite economic uncertainty, US employers maintain elevated Coupon?

Are employers prioritizing talent investment despite economic uncertainty?

These figures remain consistent with the actual merit and total salary increases delivered in 2024, which were 3.3% and 3.6% 1, respectively. While these planned increases are similar to last year, they remain above historical trends, confirming that employers are prioritizing talent investment even in the face of economic uncertainty. ...

What percentage of employees will be promoted in 2025?

Employers are planning to promote 9.3% of employees in 2025, up from 8% in 2024. Many employers reported a flexible approach to promotions, conducting them as needed or via two or more cycles per year. ...

Which industries are promoting the most employees in 2025?

The technology sector reported above-average compensation budgets, with increases of 3.5% for merit and 3.8% for total compensation, while the healthcare services industry reported below-average increases for merit and total compensation of 3.0% and 3.5%, respectively. Employers are planning to promote 9.3% of employees in 2025, up from 8% in 2024. ...

What percentage of employers have approved compensation budgets in 2025?

Among those with approved compensation budgets (20%), their 2025 budget projections were consistent with the projections made in August for all surveyed employers, which were 3.3% for merit increases and 3.6% for total salary increases. The survey also revealed industry variations. ...

Could a higher unemployment rate signal weakness ahead?

Drew Matus, chief economist at MetLife Investment Management, cautioned that the higher unemployment rate for May could signal weakness ahead. It suggests that companies are becoming more cautious about hiring. Joblessness rose last month for teenagers, the disabled, and people with less education, Matus noted. ...

What effect do Fed rate hikes have on unemployment?

The Fed’s rate increases have elevated the costs of mortgages, auto loans, credit card use and business borrowing. The Fed has projected that its rate hikes will weaken the economy and raise unemployment, as well as lower inflation. ...