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Economic concerns are leading businesses to take a cautious approach on employee pay increases. Spotlighting desirable benefits is a way for them to still stand out to talent.
Employers are planning a 3.5% average pay increase in 2026 — down 0.1% from this year — and only 26% plan to offer cost-of-living adjustments, according to compensation solution platform Payscale. The majority cite macroeconomic conditions as their top reason for budgeting less.
Lee joined the EBN team in 2022, and covers areas including caregiving, employee health and wellness, healthcare innovation, and company culture. She created EBN's popular Benefits in Action and … Read full bio
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