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WorldatWork is a United States 501(c)(3) tax exempt organization.

WorldatWork is a United States 501(c)(3) tax exempt organization.

WorldatWork is a United States 501(c)(3) tax exempt organization.

WorldatWork is a United States 501(c)(3) tax exempt organization.

WorldatWork is a United States 501(c)(3) tax exempt organization.

WorldatWork is a United States 501(c)(3) tax exempt organization.

However, the percentage of organizations planning on offering pay increases this year (79%) is the lowest it’s been in years (another 14% said they are unsure, compared to only 3% that were unsure last year).

Medical innovations are also playing a major role — including high-cost drugs such as GLP-1 medications used to treat diabetes and obesity, as well as cellular and gene therapy , such as treatments for hemophilia , which can exceed $3 million.

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.

.; and,; ;Professor Nicholas Broom at Stanford University, which highlighted that hybrid work boosted productivity by 3% to 4%.; The 11% productivity boost is driven by lower commutes, with employees benefiting from increased focus time and fewer distractions, ultimately spending up to 40% of time saved from traveling on additional work.