Us employers more conservative with salary budgets as employee base stabilizes

New york, july 15, 2024 (globe newswire) -- almost half (47%) of u.s. organizations report that their salary budgets for the 2024 cycle are lower than the previous year, as the overall median pay raise for 2024 fell to 4.1%, compared with 4.5% in 2023. that's according to the latest salary budget planning report by wtw (nasdaq: wtw), a leading global advisory, broking and solutions company.
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