23 November 2015

• U.S. Salary Increase Budgets — 2015/2016

“Although the economy is improving and the job market is more robust, salary increase budgets for US companies continue to show little signs of growth. According to Mercer’s 2015/2016 US Compensation Planning Survey, the average salary increase budget is expected to be 2.9% in 2016, up slightly from the average increase budget of 2.8% in 2015.

”However, salary increases for top-performing employees – 7% of the workforce – will be almost twice that of average performers as companies continue to differentiate salary increases based on performance. …”

Please visit this link to read the full report: Mercer.com

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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