ERI's National Compensation Forecast - January 2025

National Compensation Forecast January 2025 Gain insight on compensation trends. Inside This White Paper ... Actual compensation movement in the fourth quarter of 2024 (published …


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2025 Compensation Trends: Pay Transparency, Slowing Raises, And …

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Jan 23, 2025  · In summer 2024, compensation firm Payscale found that U.S. employers are planning for 3.5% pay raises on average this year—a dip from the past couple of years—due …

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Employers Plan To Stay Consistent With Compensation Budgets In …

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January 6, 2025 | Kathryn Mayer ... (3%) and total compensation (3.5%). Pay Picture for 2025. Various other estimates have come in for 2025 pay strategies, with most reports pointing to …

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Compensation Budgets To Remain Above Historical Trends In 2025 ...

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Jan 2, 2025  · Employers expect to increase their compensation budgets by 3.3% for merit increases and 3.7% for total salary increases for non-union workers in 2025, ... January 23, 2025.

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SalaryExpert's National Compensation Forecast January 2024

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Actual compensation movement in the fourth quarter of 2023 (published January 1, 2024) saw a moderate level of growth at 1.09%, above October’s 0.94% and below July’s rate of 1.17% …

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FAQs about ERI's National Compensation Forecast - January 2025 Coupon?

How much did compensation grow in the fourth quarter of 2024?

Yearly Salary Predictions - Actual compensation movement in the fourth quarter of 2024 (published January 1, 2025) saw a lower level of growth at 0.60%, which is consistent with October’s growth of 0.60%. ...

What's going on in the compensation industry this year?

The past year was a big one in the compensation realm. It included increased pay transparency, stalemates on gender pay equity, and slowing pay increases due to a stabilizing labor market. Expect some of those trends to continue this year, experts say—with a couple of additions. ...

Will employers dole out pay raises in 2025?

Employers are planning to dole out pay raises in 2025 similar to those they awarded in 2024, despite having fewer concerns about attracting and retaining talent. Salary-increase budgets at U.S. companies in 2025 are projected to remain consistent with 2024, according to a recent report from Mercer. ...

Are internships covered by Eri?

ERI only reports rates from surveys. Internships, being typically temporary or seasonal work, tend not to be covered by surveys of competitive pay because their rates are set internally, usually at levels just below the lowest level for the full-time equivalent jobs they fit. ...

Do Eri subscribers pay the same for all jobs?

A random telephone survey by ERI’s Director found that only 2% of ERI subscribers pay “the same for all jobs nationally, but vary levels by the cost of living.” All other surveyed subscribers stated that they ignore cost of living and concentrate on supply and demand/local market pricing to administer geographic pay differentials. ...

How did CBO's economic forecast change in 2025?

Revisions to CBO’s economic forecast increased the agency’s estimate of revenues from payroll taxes in 2025 by $10 billion (or less than 1 percent) and its projections of such revenues over the 2025–2034 period by $254 billion (or 1 percent). Those upward revisions largely stemmed from higher projections of wages and salaries. ...

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