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Among organizations utilizing off-cycle increases, Citron said the frequency is as follows: Monthly (2%);Quarterly (14%);Twice a year (27%);Once a year (51%);Other (6%); Preparing for 2025 While budgeted merit and annual increase rates are decelerating, it is important for companies to remain proactive in their compensation strategies, Citron said.

Securities and Exchange Commission (SEC) vote d 3-2 to adopt new rules requiring securities exchanges to adopt listing standards that require issuers to develop and implement a policy to recover erroneously awarded incentive-based compensation received by current or former executive officers.

Another Mercer study — Inside Employees’ Minds (IEM) — revealed just 1 in 2 U.S. women (53%) felt their career goals could be met by their current employer, lower than prior years.

Workspan, July 2.