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Survey Reveals Smaller Pay Raises Expected This Year
Veuer
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1/28/2025
Pay raises are shrinking in 2025, according to a new survey of 300 CFOs conducted by Gartner. Veuer has the story!
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00:00
Pay raises are shrinking in 2025, according to a new survey of 300 CFOs conducted by Gartner.
00:08
While 94% of employers still plan to offer raises, fewer are offering significant increases.
00:15
The share of CFOs planning to raise compensation by 4% or more dropped from 86% in 2023 to
00:23
just 61% this year.
00:26
At the same time, 37% of employers say they will only offer nominal raises, a sharp increase
00:33
from 9% in 2023.
00:36
Experts say the cooling job market and slowing inflation have eased employer concerns about
00:42
retention.
00:43
Smaller raises may not feel great, but something is better than nothing.
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