Searching Personal Assistance 1:3 hourly rate percentage increase 2020 to 2025 on page 6

Student loan payments resume Oct. 1, which is likely to increase stress among millions of U.S. employees carrying sizable debt.

Source 2026 Salary Increase Budget 2025 Actual Increase Budget WorldatWork 3.6% mean 3.7% mean WTW 3.5% average 3.5% average Gallagher 3.2% to 3.3% average* 3.8% to 4.0% average* Payscale 3.5% average 3.6% average Conference Board 3.4% average 3.4% average Mercer 3.5% average 3.5% average * = job-classification dependent For context, last year’s comparable Mercer report forecast 3.6% total pay increases, including 3.3% for merit increases, for 2025, which equaled the 3.6% average actual increases (3.3% for merit) respondents delivered for 2024.

For WorldatWork Members 5 Things TR Pros Can Do to Mitigate Pay Transparency Risks , Workspan Daily Plus+ article;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article;Organizations Slow to Enact Pay Transparency , Journal of Total Rewards article;2025-2026 Salary Budget Survey , research;Pay Equity Laws by State — Are You in Compliance?

The bill would only apply to physicians hired after July 1, 2025.

The law also created a Fast Food Council, which will have the authority to adjust, on an annual basis from 2025 to 2029, the hourly minimum wage for certain fast-food restaurant employees.

The increase in the jobless level case as the labor force participation rate rose to 62.8%, the highest since February 2020, just before the pandemic began.

Department of Labor’s April 2024 final rule had mandated that employees (in most cases) who are classified as exempt from overtime by their employer make at least $43,888 in base salary beginning on July 1, 2024 (up from the previous $35,568 annual standard outlined in the DOL’s 2019 final rule) and $58,656 in base salary beginning on Jan. 1, 2025.

For WorldatWork Members Total Rewards Inventory of Programs & Practices , research;5 Health Benefits Trends Come into Focus for 2024 , Workspan Magazine article;Navigating Employees’ Serious Medical Needs , on-demand webinar;Total Rewards Inventory Checklist , tool; For Everyone Employer Healthcare Costs Projected to Hit 10-Year High in 2025 , Workspan Daily article;Employers Look to Balance Rising Health Costs, Benefit Upgrades in 2025 , Workspan Daily article;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article;Employers Grapple with the Rising Costs and Popularity of Specialty Weight-Loss Drugs , Workspan Daily article; With the glucagon-like peptide-1 (or GLP-1)class of drugs now approved by the U.S.

In each subsequent year, employers must increase the deferral rate for continuing participants by at least 1% per year, up to at least 10% but not more than 15%.

Among the major worker groups, the unemployment rate for Whites (3.8%) increased in February, while the rates for adult men (3.8%), adult women (3.8%), teenagers (12.9%), Blacks (6.0%), Asians (3.2%) and Hispanics (5.2%) showed little change.