Salary Increase Budgets for 2021: Results of the 2020 Follow-up Survey
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US Salary Increase Budgets

The annual Salary Increase Budgets Survey reports how much companies plan to increase salaries and bonuses in the coming year across industry and revenue group.

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Salary Increase Budgets for 2021: Results of the 2020 Follow-up Survey


March 30, 2021 | Report

The Conference Board Annual Salary Increase Budget Survey results for November-December 2020 show that average salary increase budgets (on average 3.1 percent in 2019 down to 2.5 percent in 2020) and salary structure movements (on average 1.9 percent in 2019 down to 1.7 percent in 2020) grew slower compared to previous years.


AUTHORS

GadLevanon, PhD

Former Vice President, Labor Markets
The Conference Board

JuditTorok

Research Associate
The Conference Board

FrankSteemers

Former Senior Economist
The Conference Board


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