US employers plan more modest compensation increases in 2024 - Seite 2

Ms. Mason continued, “As employers plan for 2024, it is crucial that they move away from the reactive approach of the past few years and adopt a more strategic approach. This will enable employers to focus their compensation investments on the most critical attraction and retention segments of their workforce, while also ensuring that pay increases are distributed fairly and equitably.”

Note to editors:

Total increase budgets include other base pay increases such as promotional pay increases and cost of living adjustments, in addition to merit increases.

About Mercer’s US Compensation Planning Survey

The August 2023 Mercer QuickPulse US Compensation Planning Survey includes data from more than 900 organizations in the US, from small employee bases (less than 500 employees) to very large employee bases (over 20,000 employees) across 15 industries. This study was fielded between July 31st - August 11th. You can review more of the survey findings here.

About Mercer

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and Twitter.

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ⁱ March 2023 QuickPulse US Compensation Planning Survey
ⁱⁱ Analysis of Mercer’s Benchmark Database, representing the average base salary change for employees who remained with the same organization. Based on the average year-over-year base pay change for the same incumbents, in the same job. Represents an average of executives (5.1%), managers (5.9%), professionals (5.4%) and para-professionals (5.8%).

View source version on businesswire.com: https://www.businesswire.com/news/home/20230925303517/en/

The Marsh & McLennan Cos Stock at the time of publication of the news with a raise of +0,71 % to 185EUR on Tradegate stock exchange (25. September 2023, 10:21 Uhr).