Us employers plan more modest compensation increases in 2024

New york--(business wire)--today, mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of marsh mclennan (nyse: mmc), released the results of its august 2023 mercer quickpulse™ us compensation planning survey. according to the survey, employers in the us plan to raise their compensation budgets by 3.5% for merit increases for 2024 and 3.9% for their total salary increase budgets for non-un.
MMC Ratings Summary
MMC Quant Ranking