We’re Likely To Get Just A 4% Salary Increase From Employers Next Year Despite Inflation Still Being Sky High

Essence Magazine:

By Jasmine Browley ·Updated December 5, 2023

Employees should look forward to a pay raise next year, but they probably won’t look the way they think.

Per a new report from Mercer, an investment and retirement consulting firm, released the results of its August 2023 Mercer QuickPulse US Compensation Planning Survey, will deploy a 3.5% merit pay increase for 2024 and 3.9% for their total salary increase budgets for non-unionized employees,

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