Employers are likely to offer limited salary increases in 2027 amid ongoing economic uncertainty, according to a survey of 1,000 businesses.
MoneyWatch
Modest pay hikes next year could leave some workers lagging inflation
By
Megan Cerullo
Updated on: September 2, 2026 / 3:42 PM EDT / CBS News
Employers plan steady merit-based pay increases for 2027 despite uncertainty, survey says
Employers predict moderate pay increases for fourth consecutive year
US firms plan to increase employee base salary budgets by an average 3.3% in 2027
US Employers Stick With Moderate Pay Increases for 2027, According to Marsh’s Mercer QuickPulse® Survey
C�mo podr� su aumento de sueldo batir a la inflaci�n en 2027
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But compensation decisions often “continue well beyond the annual merit cycle,” Marsh said.
A majority of companies are also expecting incentive payouts to fall below target levels.
Here's what employees can expect for a raise in 2027 as companies move away from broad-based pay increases.
US Employers Stick With Moderate Pay Increases for 2027, According to Marsh’s Mercer QuickPulse® Survey
