Reported about 2 months ago
As inflation eases, employer expectations for salary increases are set to drop, with anticipated raises averaging only 3.5% for 2025. This marks a decrease from the previous year, when raises were 4.1%. Although around 85% of employees will still receive pay bumps, dissatisfaction with wages is increasing, particularly among lower-income workers and women. Furthermore, the prevalence of signing bonuses is declining, signaling a shift in employer tactics from short-term incentives to long-term retention strategies in response to labor market dynamics.
Source: YAHOO