Mercer compensation data reveals us employers are struggling to keep up with employee expectations with high inflation

New york--(business wire)--today, mercer released the results of its 2023 us compensation planning survey revealing that while salaries are going up, 2023 compensation budgets and salary projections for us employers are expected to lag behind inflation. while nearly 80% of organizations reported that they are just in the preliminary stages of determining their 2023 annual increase budget, the survey found that overall salaries are going up. employers reported they are budgeting an average of 3.
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