August 7, 2025 Written and curated by Lauren E. B. Belcher, with some content and sources generated by Grok As the fourth quarter of the year grows near, and 2026 compensation planning begins, we are beginning to see early projections...
Preliminary 2025 Salary Budget Increase Projections
August 22, 2024 By: Lauren E. B. Belcher WorldatWork’s annual salary budget survey for 2024-2025 was recently released. The highly anticipated survey was published earlier this year than in previous years as many sources began making predictions for salary budget increases....
Preliminary 2024 Salary Budget Increase Projections
August 24, 2023 By: Lauren E. B. Belcher Although WorldatWork’s anticipated annual salary budget survey has yet to be published at the time of this writing, we are beginning to see several preliminary predictions for salary budget increases, across many...
“Twenty-Year High”
For the first time in over two decades, the average salary budget increase percentages significantly increased in 2022 and are expected to remain at the twenty-year high in 2023. WorldatWork is projecting average salary budget increases at 4.1 percent overall...
Average Falling
For the first time in over ten years the average salary budget increase is projected to decrease. Congruent with the coronavirus pandemic, beginning in the United States in March 2020, unemployment rates saw a drastic rise, jumping over ten percent,...
2020 HR Trends and Economic View
Its finally here… the United States Department of Labor’s (DOL) new overtime rule is officially in effect. The DOL reported that this would cause over one million employees to become newly eligible for overtime. Effective as of January 1st, this...
Salary Budget Stalemate
Unemployment at the end of August 2019 was reported by the United States Bureau of Labor Statistics (BLS) at a record low of 3.7 percent and the United States Bureau of Economic Analysis (BEA) reports an increase rate of 2.0...
Gridlocked – 2019 Salary Budget Increase Projections
Our economic growth is flourishing! The United States’ unemployment rate is as low as 3.9 percent, as reported by the United States Bureau of Labor Statistics (BLS) and our real gross domestic product (GDP) increased at a rate of 4.2...
The Importance of Being Current
With the economy still lulling, many organizations may overlook the importance of keeping their salary structure current, posing the question, why is developing a comprehensive compensation program so important? Throughout this piece, we will discuss why an organization should become...
Don’t Judge a Title by its Job
As compensation consultants working across a number of different industries, we see a lot of different positions and position titles. As part of our position and evaluation review process revising and cleaning up titles has become an initiative that spins...
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