Fewer American workers are receiving raises these days — and those raises are smaller than they used to be. That's one of the main takeaways from a new study of 1,500 adults examining worker sentiment regarding compensation and benefits.
Released by the cloud-hosted human resources platform BambooHR, the report found that 2 in 5 salaried employees (41%) didn't receive raises in the past year — up from 33% not receiving raises in 2022. Those who did get raises saw a 25% decrease from previous raise amounts, underscoring the economy's impact on employee pay in the past year.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
