Average Pay Increase for 2014 Projected at 2.9 Percent

Posted by : Barbara Safani 3 Comments

According to a recent compensation study by Mercer, the average projected merit increase for 2014 will be 2.9 percent, which is slightly higher than last year. As organizations look for enhanced ways to pay for performance, they are segmenting their workforce by high-performing as well as high-po...