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Employers Weigh Inflation’s Impact on Annual Pay Raises, SHRM Survey Shows

July 13, 2022

Via: SHRM
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Most HR professionals are concerned about the effects of inflation on their organizations, including how inflation will affect annual pay raises for the remainder of 2022, according to new findings from the Society for Human Resource Management (SHRM) Research Institute.

Overall, 73 percent of 1,150 HR professionals surveyed from May 10 to May 24, 2022, indicated that inflation was a concern at their organization, while only 8 percent said it was not a concern.

Survey participants were randomly drawn from SHRM’s membership, and results were weighted to be nationally representative of HR professionals in the U.S.

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