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Mercer: 90% of organizations give raises based on performance

August 20, 2019

Via: HR Dive
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Workers want to see their bank accounts expand more significantly on payday, according to a 2018 Indeed survey. For most workers to be satisfied with their pay, they would need a $6,000 raise. But there are more ways than a raise to give workers a pay boost. Both Willis Towers Watson and insurance broker Gallagher independently concuded that companies plan to keep wage increases at or below the current 3% average but offer personalized benefits, bonuses and other forms of compensation, for example.

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