Here is what I am seeing in recently published compensation planning (salary budget) surveys.
· WorldatWork – U.S. Total Salary Budget Increases, Projected 2025: Average = 3.8%; Median = 4.0%
· Payscale – U.S. Total Increase Planned for 2025: Average = 3.5%
· Culpepper – U.S. Projected Base Salary Increases in 2025: Median = 3.5%; Average = 3.65%; Mode = 4.0%
Yes, these reports have data for other countries in addition to the U.S. They also have data by industry, employee category, and other factors.
Here is a list of publishers that will provide data later this year for use in planning for 2025.
· Mercer
· The Conference Board
· Willis Towers Watson (WTW)
· Empsight
· Pearl Meyer
Are there any other sources you use for salary budget planning in the U.S. and other countries?
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