Despite Economic Uncertainty, US Employers Maintain Elevated Compensation Budgets for 2025, According to Mercer
Marsh & McLennan Companies, Inc. (MMC)
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Source: Business Wire
Employers also plan to promote 9.3% of employees in 2025, up from 8% in 2024 NEW YORK--(BUSINESS WIRE)--Today, Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, released the results of the November 2024 Mercer QuickPulse™ US Compensation Planning Survey.According to the survey of more than 850 US organizations, employers are planning to raise their compensation budgets by 3.3% for merit increases and 3.7% for total salary increases for non-unionized employees in 2025. Sixty-nine percent of surveyed employers expressed confidence in their compensation budget projections. These figures remain consistent with the actual merit and total salary increases delivered in 2024, which were 3.3% and 3.6%1, respectively.While these planned increases are similar to last year, they remain above historical trends, confirming that employers
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MMC
Earnings
- 10/17/24 - Beat
MMC
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 11/19/24 - Form 4
- MMC's page on the SEC website