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Why Will Employers Increase Wages in 2025?
The latest Salary Budget Planning Report released by Willis Towers Watson (WTW) shows that salary budget increases are expected to rise by 3.9% in 2025. The overall median pay raise for 2024 dropped to 4.1%, compared with 4.5% in 2023. Although these expected wage...
Why More Employees Choose to Stay at Their Jobs
A new survey by Willis Towers Watson (WTW) found that 72% of employees choose to stay with their employers. This is in contrast to recent periods when most workers were looking for new jobs, such as during the “Great Reshuffle” in 2022. WTW’s 2024 survey collected...
10 Midyear Employment Law Compliance Trends for 2024
Significant changes in employment law have occurred at the federal, state, and local levels throughout 2024. A review of recent and proposed legislation reveals several emerging trends that will affect employers for the remainder of the year. Employers should ensure...
