U.S. Employers Planning Larger Pay Raises for 2022: WTW Survey

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Pay raises are making a comeback. U.S. companies plan to give employees larger raises next year as they recover from the economic fallout from the pandemic and face mounting challenges attracting and retaining employees, according to a new survey by Willis Towers Watson, a leading global advisory, broking and solutions company. The survey also found… Continue reading U.S. Employers Planning Larger Pay Raises for 2022: WTW Survey

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