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Workers Are Pessimistic About Getting Pay Raise or Promotion Less than half of American workers (45%) expect to get a pay raise in the next six months, and less than 1 in 4 (22%) anticipate receiving a promotion in the next year.

In February, Goldman Sachs outlined plans to seek about $1 billion in expense reductions.

Scenario #1: Missing in Action You want to help but have no connection with the owners of the sales compensation program.

For WorldatWork Members Salary Data Center , tool;Salary Benchmarking , tool;Compensation Structure Policies and Practices , research;Why It’s Time for a Compensation Philosophy Refresh , Workspan Magazine article; For Everyone How An Industry Leader Sees Technology Transforming Total Rewards , Workspan Daily article;Benchmark Gaps: Staying Market-Driven When Comp Data Is Missing , Workspan Daily article;The Five Goals of a Strong Compensation Structure , Workspan Daily article;How to Measure the Success of Your Annual Compensation Cycle , Workspan Daily article;Navigating the Architecture and Benchmarking Challenges of Hybrid Jobs , Workspan Daily article; The days of big Excel spreadsheets to manage market pricing jobs are in the rearview mirror for those in the total rewards profession (or, at least, they should be).

., elements of pay, typical pay package designs) and how and why these may vary based on company, industry and business context.

The Highs and Lows by Industry The Payscale report showed employees in certain industries will experience raises exceeding 4%, while those in other lines of work will barely surpass 3%.

It can also help with monitoring and analyzing industry trends and regulatory changes.

“Sexual harassment in the workplace forces many survivors to pass up on opportunities for advancement, leave their jobs or their industry altogether,” said Rep.

The agreement also includes an immediate $1 pay increase, followed by additional dollar increases in March 2026 and 2027.

Workspan Magazine article;WorldatWork’s Salary Budget Survey , research; For Everyone Mercer Projects 3.6% Total Salary Increase Budgets in 2025 , Workspan Daily article;Report: 1 in 3 Organizations Don’t Have a Pay Equity Strategy , Workspan Daily article;Understanding Base Pay-for-Performance and Merit Increase Guidelines , on-demand webinar;Base Pay Administration and Pay for Performance , course; Giving managers discretion in the allocation of merit pay increases can be empowering for both the giver and receiver.