Payscale’s new Salary Budget Survey found that U.S. employers are planning for 3.5% pay raises on average next year—a dip from the past couple of years—due to a cooling labor market.
Kathryn Mayer is a writer and editor, currently focusing on benefits and compensation at SHRM (Society for Human Resource Management). She has also co-authored the book "Disneyland on the Mountain" and her work has appeared in various publications such as Yahoo Sports UK, Human Resource Executive, and POPSUGAR.