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Compensation budgets are holding steady for 2025, even as concerns over talent attraction and retention ease. Employers plan to allocate similar salary increases as in 2024, according to expert projections.

Wages Set to Reflect 2024 Levels as Labor Market Pressures Ease

Compensation budgets are holding steady for 2025, even as concerns over talent attraction and retention ease. Employers plan to allocate similar salary increases as in 2024, according to expert projections. Pay Raises Remaining Consistent Salary-increase budgets at U.S. employers are expected to stay close to 2024 levels, found Mercer’s 2025 Compensation Planning Survey. Participating organizations […]
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Employer Health Costs Set to Spike Upward in 2025

Employer Health Costs Set to Spike Upward in 2025

Employers should prepare for a major increase in healthcare costs in 2025, with new projections showing rises of 8-9 percent or more over this year’s spending. This dramatic uptick comes as a result of several key factors putting pressure on health plans, including widespread inflation, demand for expensive specialty medications, and a growth in catastrophic […]
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Set it But Don't Forget it: Maintaining Your Auto-401(k) Features

Set it But Don’t Forget it: Maintaining Your Auto-401(k) Features

When 401(k) auto-features like automatic enrollment, automatic deferrals, and automatic escalation first emerged, they seemed like a total game-changer. Research shows these features can increase participation dramatically—by over 15 percentage points on average. And the gains are the biggest among lower income and minority workers who can benefit most. Auto-features are doing their job on […]
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