Anticipated payrolls are expected to remain flat in the coming year, though the use of variable pay schemes based on employee performance may rise as competition for talent increases.
New data from Towers Watson Data Services finds close to all employers (98%) are planning to give modest raises next year, with projected average salary increases of 3% in 2016 for their exempt non-management personnel the same increases seen the previous two years. Executives and management employees can expect an increase of 3.1%.
