Discretionary bonuses, generally paid for special projects or one-time achievements, are also projected to hold relatively steady compared with bonuses awarded last year and budgeted for this year.This is fairly consistent with recent discretionary bonus increases — for example, 72% of companies paid discretionary bonuses in 2015 versus 75% last year — and demonstrates that while salary increase budgets are holding steady for workers overall, employers are finding ways to recognize and reward employees for specific contributions.“Employers are rethinking how to administer limited salary budgets.Executives can expect slightly larger raises — 3.1% in 2018, slightly less than executives received this year and in 2016.“Most companies are not under any significant pressure to increase their salary budgets in the near term,” said Laura Sejen, managing director, Human Capital and Benefits at Willis Towers Watson.
The zones banned people younger than 17 from the area around the two international bridges in El Paso from 7 p.m. nightly, unless accompanied by a parent, guardian or custodian.
The measure is aimed at keeping teenagers from going across the bridges to Ciudad Juarez to drink alcohol.
That’s the same increase they received in each of the past three years.
Employers are also planning 3.0% average salary increases for management and nonexempt employees.
We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals.
Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Learn more at " data-reactid="17"About the survey The Willis Towers Watson Data Services Salary Budget Survey was conducted between April and July 2017, and includes responses from 819 companies representing a cross section of industries.
About Willis Towers Watson Willis Towers Watson (WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth.
With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries.
At the same time, they are rewarding star performers with significantly larger increases while granting minimal increases to their weakest performers.” Indeed, the survey found exempt employees who received the highest performance ratings were granted an average salary increase of 4.5% this year, about 73% larger than the 2.6% increase given to employees receiving an average rating.
Companies gave salary increases of 1.0% to workers with below-average performance ratings.
employees hoping for larger pay raises next year will have to wait a little longer.