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Anxiety about the economy is forcing two-thirds of U.S. employers to yank budgets for raises

August 15, 2025 Robert Harrington

Economic concerns drive smaller compensation budgets. The report, which draws on a survey of more than 1,500 Payscale clients conducted in May and June, finds respondents expect workers will see their base pay go up by 3.5% next year, on average, down just 0.1% from this year. READ MORE

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