Economic uncertainty and talent considerations are impacting employers’ salary budgets for 2027, according to a recent Marsh survey. Employers anticipate average merit raises of 3.2% and total salary increases of 3.5%, which include various adjustments.
Getty ImagesEconomic uncertainty and considerations around talent are weighing heavily on employers’ salary budgets going into 2027, a recent survey from global professional services firm Marsh (formerly Mercer) fo
und.Employers plan to grant merit raises of 3.2% on average in 2027, according to a survey fielded in mid-July. Total salary increases—which include not only merit raises, but also promotions, cost-of-living, and other adjustments—are set to r
ise by 3.5%.These moderate increases are largely in line with what
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