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Besides generally keeping pay increases above the 3% range (to remain competitive and in line with recent years’ outlays), they have taken steps to more strongly support workers by: ;Improving the employee experience (47%); ;Enhancing health and wellness benefits (43%); ;Increasing training opportunities (40%); “As employers navigate continued economic uncertainty, ongoing increases in labor costs and the changing needs and expectations of employees, they are positioning themselves for what is to come and making investments in their workforces that go beyond pay raises,” said Lori Wisper, WTW’s managing director for work and rewards.

The vote was 11-3 with two contested ballots.

For WorldatWork Members ;The Pros and Cons of Recruiting Gig Workers , Journal of Total Rewards article; ;Managing Performance and Rewards for Contractors , Workspan Magazine article; ;How to Set Up Rewards Tailor-Made for Hourly Employees, Workspan Daily Plus+ article; ;3 Pitfalls that Can Lead to Tipped Employee Pay Violations , Workspan Daily Plus+ article; ;Guidance on How to Avoid Common FLSA Classification Errors , Workspan Daily Plus+ article; For Everyone ;What TR Levers Are Companies Pulling for Their Seasonal Worker Plans?

The union is operating under a one-year salary agreement that ends in December, which has provided members a 3% pay increase and a one-time bonus equal to 5% of a worker’s annual salary.

Access an additional Workspan Daily article from this series: ;4 Steps to Help Pre-Retirees Consider, Plan for Retirement Income;Take 3 Actions to Help Workers Turn Savings into Retirement Income; Forecasting Expenses: Essentials Versus Discretionary For pre-retirees and retirees, retirement budgeting begins with a straightforward yet practical approach: distinguishing between needs and wants.

-based employers are preparing for 3.4% average pay increase budgets for 2026, the same percentage they actually provided to employees in 2025, according to the results of The Conference Board’s 40th annual Salary Budget Survey , which was released Sept. 3.

For the past decade, merit budgets have hovered around 3%, but current trends suggest that salary increase budgets are rising to levels not seen in more than 20 years.

Given the current trend, DiFonzo said merit budgets are likely to settle to about 3%, but larger organizations and more profitable industries with higher demand for their products and services will continue to average higher than 3%.

Access a bonus Workspan Daily Plus+ article on this subject: Two TR Leaders Provide a Personal Take on Their 2026 Priorities; WorldatWork’s 2026 findings are based on the survey responses (from Oct. 27 through Nov. 21) of 290 TR leaders, including: ;Directors or senior directors (37%); ;Managers or senior managers (27%); ;Vice presidents (senior or assistant) (15%); ;Consultants/analysts/specialists (11%); ;Chiefs or heads (6%); ;Other titles (3%); Respondents represented a diversity of: ;Organization sizes ;500 to 2,499 employees (29%); ;2,500 to 9,999 (27%); ;20 to 499 (18%); ;20,000 or more (16%); ;10,000 to 19,999 (8%); ;Less than 20 (3%);; ;And, geographic regions;;United States (41%); ;Canada (14%); ;Europe (excluding the United Kingdom) (8%); ;U.K. (8%); ;India (8%); ;Asia (excluding India) (7%); ;Latin America and the Caribbean (6%); ;Middle East (4%); ;Africa (2%); ;Oceania (2%);; “TR leaders recognize that rewards programs must directly support organizational

Step 3: Internal Equity Analysis and Pay Compression Evaluation With market alignment established, attention must turn inward.