The pressure is on for HR professionals to make intelligent compensation decisions to attract, retain, sustain and grow their workforce. To this end, it’s more important than ever to use a data-driven approach to plan for your 2025 salary budget needs and set your pay strategy with confidence so you can engage and retain your key talent in the critical months ahead. To help address this need, we're excited to release the results of our 2024 Salary Increase and Turnover Study, featuring input from more than 2,100 participating organizations on pay trends across the country. In this report, you will find critical insights on 2025 budget plans and the current hiring environment, as well as pay practices and performance management data.
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This edition provides actual 2024 salary increase budgets and turnover trends as well as projected budgets for 2025. The full table of contents includes:
Images shown are for illustrative purposes only and may not reflect actual data.
More than 2,100 companies in tens of industries participated in our 2024 study, including:
Purchase the results of the 2024 Salary Increase and Turnover Study today.
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