\u201cOur latest data indicates a moderation in base pay increases, reflecting the evolving dynamics of the labor market,\u201d Lauren Mason, Mercer\u2019s U.S. workforce solutions leader, said in a statement. \u201cWith heightened economic uncertainty, employers are focused on maximizing compensation impact through strategic decisions, such as proactively rewarding high performance.\u201d<\/p>\n\n\n\n
In the survey of more than 800 U.S. companies, employers said they expected to promote about 10% of their workforce, up from 8% the previous year, and to award an average raise of 8.5% with promotions.<\/p>\n\n\n\n
Among the 44% of companies that rely on a five-tier performance rating system, top performers received average raises of 5.6%, while those who fell in the middle on performance earned 3.3%, Mercer said.<\/p>\n\n\n\n
To better address job satisfaction for hourly workers, companies should consider \u201ca comprehensive total rewards strategy that integrates affordable benefits, a positive working environment, and clear paths for skills-based career growth,\u201d instead of relying on minimum wage increases, Mason said.<\/p>\n\n\n\n
\u201cBy investing in these areas, organizations can improve hourly employees\u2019 pay progression, financial well-being, and overall engagement,\u201d Mason said.<\/p>\n\n\n\n
Payscale\u2019s chief people officer previously said 2025 could be a \u201cyear of contention\u201d over pay \u201cbetween employers tightening budgets and employees advocating for fair pay and better working conditions.\u201d<\/p>\n\n\n\n
In Payscale\u2019s 2025 Compensation Best Practices Report, organizations identified compensation as a bigger challenge than recruiting or retention, and nearly 1 in 3 of those surveyed cited unfair pay as the primary reason they lost talent.<\/p>\n\n\n\n
Pay expectations for recent graduates aren\u2019t being met either, according to an April ZipRecruiter report. About 42% of recent graduates said they didn\u2019t get the pay they wanted in their job search. And soon-to-be graduates said they expected to earn $101,500 on average, while the average starting salary among recent graduates was $68,400, ZipRecruiter found.<\/p>","protected":false},"excerpt":{"rendered":"
\u201cOur latest data indicates a moderation in base pay increases, reflecting the evolving dynamics of the labor market,\u201d Lauren Mason, Mercer\u2019s U.S. workforce solutions leader, said in a statement. \u201cWith heightened economic uncertainty, employers are focused on maximizing compensation impact through strategic decisions, such as proactively rewarding high performance.\u201d In the survey of more than […]<\/p>","protected":false},"author":2,"featured_media":1632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/posts\/1631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/comments?post=1631"}],"version-history":[{"count":1,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/posts\/1631\/revisions"}],"predecessor-version":[{"id":1633,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/posts\/1631\/revisions\/1633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/media\/1632"}],"wp:attachment":[{"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/media?parent=1631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/categories?post=1631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prohuntsingapore.com\/zh\/wp-json\/wp\/v2\/tags?post=1631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}