As the labor market continues to shift in favor of employers, workers are likely questioning what raises will look like in 2025.
According to advisory company Willis Towers Watson (WTW), Americans will see an average raise of 3.7% this year, marking little difference from 3.8% in 2024. While this increase may seem too little in the face of rising costs across the board, it’s still above the pre-pandemic rate of 3%.
