Companies will be increasing base salaries 3% again this year. Companies are expecting greater competition for talent in 2016. So, most people will be getting a 3% raise and fewer people will receive no pay increase at all. This is just one of the findings from a recent survey report conducted by Wilson Group, Concord, MA, and sponsored by the BOSE Corporation.
The survey included data from over 50 leading companies in New England, and these companies reflect practices seen in other national and international studies. The survey was published in November, 2015, and looked back on 2015 and asked for projections for 2016.