Search
 

Strong economy not paying off for workers’ pay

The economy has been humming along, but employees arent going to see much benefit from it.

By Marlene Y. Satter | Updated on September 20, 2017
Two-thirds of employers they’re taking some type of action to increase merit pay differentiation in 2018. (Photo: Shutterstock)

Despite the fact that the economy has been humming along, workers just aren’t going to see much benefit from it.

That’s according to an HRDive report, which says that pay increases will pretty much stagnate over the next year. This discouraging news comes from a new Aon research study that projects increases in base pay at just 3.0 percent in 2018, up just a hair from 2.9 percent in 2017.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.