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Stock impact report

US salary budgets expected to remain the same in 2025

Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) 
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: weightwatchersinternational.com
Company Research Source: GlobeNewswire
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Although fewer organizations report difficulty with attraction and retention, salary increase budgets at U.S. companies are projected to remain at the same level as last year. While salary increase budgets are stabilizing, with 2025 planned increases projected to be 3.7% on average compared with the 3.8% average budget awarded in 2024, they remain higher than the pre-pandemic norm of 3%. This is according to the latest Salary Budget Planning Report by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. Despite a conservative outlook for 2025, salary increases remain at a healthy rate by historic standards and amid higher total payroll expenses (which include salaries, bonuses, variable pay and benefit costs). According to WTW’s survey findings, the average increase in payroll for respondents was 5.5% in 2024. For those companies planning to reduce salary increase budgets, weaker financial results (36%) and cost m Show less Read more
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