The latest Salary Budget Planning Report released by Willis Towers Watson (WTW) shows that salary budget increases are expected to rise by 3.9% in 2025. The overall median pay raise for 2024 dropped to 4.1%, compared with 4.5% in 2023. Although these expected wage increases have diminished since 2023, this figure remains high compared toContinueContinue reading “Why Will Employers Increase Wages in 2025?”
Tag Archives: Small Business
The Importance of Anti-Insect PVC Strip Curtains in the Summer Months
Anyone employed in or running a warehouse, distribution centre, industrial kitchen or pharmaceutical manufacturing base knows the importance of keeping contaminants out, which is the greatest challenge during the warmer months. Correctly manufactured and installed anti-insect PVC strip curtains play a significant role in industrial settings during the summer months. Here are some key reasonsContinueContinue reading “The Importance of Anti-Insect PVC Strip Curtains in the Summer Months”
How You Can Start Preparing for 2025 Open Enrollment Now
Employers with calendar-year plans should start preparing for open enrollment for the plan year starting Jan. 1, 2025. This process should include reviewing your company’s benefit offerings, working with vendors to make any benefit adjustments, updating benefit limits and contribution amounts for 2025, and preparing employee communications. In addition, employers should consider providing the followingContinueContinue reading “How You Can Start Preparing for 2025 Open Enrollment Now”
How to Improve Teamwork and Collaboration in Your Office
These days, teamwork and collaboration are seen as important things in the world of business. And it’s not very hard to see why. When different people with different skills come together, it’s easier to achieve positive results. That’s because everyone is offering their own knowledge and expertise. Here’s how to improve teamwork and collaboration inContinueContinue reading “How to Improve Teamwork and Collaboration in Your Office”
Why More Employees Choose to Stay at Their Jobs
A new survey by Willis Towers Watson (WTW) found that 72% of employees choose to stay with their employers. This is in contrast to recent periods when most workers were looking for new jobs, such as during the “Great Reshuffle” in 2022. WTW’s 2024 survey collected information from 10,000 U.S. employees working at medium andContinueContinue reading “Why More Employees Choose to Stay at Their Jobs”
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