U.S. employers are planning an overall average salary increase of 4.0% for 2024. That’s according to the latest Salary Budget Planning Survey by WTW, a leading global advisory, broking and solutions company.
Tag: WTW survey
Risk Managers Want to Play More Active Role in ESG Strategies
More than half of risk managers are actively involved in their organization’s ESG efforts, but 77% believe they should play a more active role in ESG strategy and initiatives.
Women Attain About 75% of Men’s Wealth at Retirement: Global Study
On average women are expected to reach retirement with just 74% of the wealth accumulated by men.
U.S. Employers Looking at Other Options for Retiree Healthcare Benefits
Employers in the United States are looking at alternative ways to provide healthcare benefits to their retirees over the next three years, as costs rise. In addition, some employers intend to replace traditional group retiree medical benefits for pre-Medicare retirees with individual insurance via private marketplaces. These are some of the findings of a new… Continue reading U.S. Employers Looking at Other Options for Retiree Healthcare Benefits
Difficulty Hiring and Keeping Workers Will Last into 2022: WTW
The majority of North American companies expect that their current struggles to hire and keep workers will linger into 2022. That’s the conclusion of a survey of 380 employers by leading global advisory, broking and solutions company Willis Towers Watson. In response, employers are implementing initiatives that include boosting salary budgets, increasing workplace flexibility, placing… Continue reading Difficulty Hiring and Keeping Workers Will Last into 2022: WTW
U.S. Employers Planning Larger Pay Raises for 2022: WTW Survey
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
Employers Boosting Efforts to Meet Workers’ Childcare Needs: WTW
U.S. employers are boosting efforts to meet the childcare needs of working parents of young and school-age children, according to a new survey by Willis Towers Watson, a leading global advisory, broking and solutions company. The survey, however, found that while most employers (74%) believe supporting these employees is a top priority today, less than… Continue reading Employers Boosting Efforts to Meet Workers’ Childcare Needs: WTW