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2025 Employee pay trends

Insights from the WTW 2024 Salary Budget Planning Report, December edition

Author

Russ Wakelin
January 14, 2025

As we transition into 2025, organizations around the world are recalibrating their compensation strategies in response to a shifting economic landscape. The December 2024 edition of WTW’s Salary Budget Planning Report provides crucial insights into these adjustments, reflecting a period of stabilization in key markets after years of aggressive salary growth. The report also offers three pivotal trends that compensation and HR professionals should consider in their strategic planning.

    Author

    headshot photo of the author

    Russ Wakelin

    Global Product Development Leader, Rewards Data Intelligence

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