One in Three U.S. Employers Trim Projected Pay Raises for 2021: WTW Survey

Business concepts, cutting salary

One in three U.S. companies are lowering their projected salary increases for 2021 amid concern over weaker financial results and budgetary restraints in the wake of the pandemic, according to a new survey by leading global advisory, broking and solutions company, Willis Towers Watson. Despite these concerns, two-thirds of employers say they expect to fund… Continue reading One in Three U.S. Employers Trim Projected Pay Raises for 2021: WTW Survey

Buoyed by the Largest Projected Bonuses in Four Decades, Employees Should See Pay Climb in 2020

Salaries are projected to rise in 2020, and U.S. employees should also expect to bring home more in bonuses next year, according to new data released today by Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions. Aon’s 2019 U.S. Salary Increase Survey of 1,216 U.S.… Continue reading Buoyed by the Largest Projected Bonuses in Four Decades, Employees Should See Pay Climb in 2020