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Other highlights from the Mercer report include: Survey respondents within the high tech and life sciences industry sectors project merit-based salary budget increases of 3.5%, above the 3.3% average, while the healthcare services, retail and wholesale, and consumer goods sectors project lower-than-average increases of 3%, 3.1% and 3.2%, respectively.

The new report, which pulls data from a survey of 2,002 U.S. organizations, showed these employers are projecting 3.7% salary increase budgets for 2025, just under the 3.8% average increase budget in 2024.

Projection at 3.8% , Workspan Daily article;Report: Employers Taking More Conservative Approach to Salary Budgets , Workspan Daily article;Payscale: U.S.

Across all income levels, Gen Z and millennials are projected to be better prepared for retirement than Baby Boomers and Gen X, due to broader DC plan access and stronger plan design.

Start-ups and emerging organizations might consider using stock in lieu of higher base salaries and incentives or more generous benefits programs, since they often are not in a position to commit themselves to fixed-cost programs (Greene 2022).

Boudreau 2018; Greene 2019.)

The Green Deal is a massive scale initiative with dozens of projects in which continental European companies will have a key role, as part of a unique European overall economic, social and geopolitical model to compete in global markets, whilst ensuring European citizens’ progress and sustainable businesses/workforce behaviors.

But lately, there has been a surge related to concern from green card holders over shifting policies — especially for those with humanitarian parole or temporary protected status from countries like Venezuela and Haiti.

In addition, 57% of those CFOs told the research firm they planned some degree of HR budget cuts this year, with 22% of financial executives projecting reductions of 4% or more — the deepest cut to any organizational department.

For WorldatWork Members Salary Budget Planning Guide , tool;Salary Budget Planning: Using Market Data to Formulate a Recommendation Report , tool;Compensation Structure Policies and Practices , research;The Potential Dangers of Aggregated Statistics , Journal of Total Rewards article; For Everyone 2025-2026 Salary Budget Survey Results , research;WorldatWork: 2026 Salary Increase Budgets Project U.S., Global Caution , Workspan Daily article;‘Year of Contention’: Employers Mull Tight Budgets, Pay Expectations , Workspan Daily article;Salary Budget Planning Playbook: Data, Strategy and Insights for the Year Ahead , on-demand webinar;Essentials of Compensation Management , course; U.S.