National compensation forecast

October 1, 2016

As 2017 approaches, compensation professionals in the United States are planning salary increases for the upcoming year. A natural question during this process is whether salaries will increase at a different rate in 2017 than in 2016. In recent years ERI has reported increasing levels of salary growth, which is supported by independent sources such as the Employment Cost Index (ECI). Furthermore, there have been reports of a number of large organizations that are significantly increasing compensation. Taken together, these findings support the idea that salaries have increased in recent years. Will this trend of increased growth continue into 2017? To answer this question ERI examines compensation growth from a number of different perspectives to create a clearer picture of how compensation has grown in the past and how it will likely grow in the future. Please see the graphics on the following pages for details on these analyses.

Spotlight

RHR UK

Retail Human Resources was founded to address a gap in the retail recruitment market. In an expanding and prosperous sector, retail managers and professionals who wanted quality, clear-cut career advice simply had nowhere to go. Today, we continue to uphold the principles that have assured our market-leading position. We insist on meeting all our candidates face-to-face and are constantly measuring our own response standards. We are dedicated to our candidates, clients and staff and are committed to providing the best service, the highest standards of corporate responsibility and unparalleled employee training.

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