How Are Salary Budgets Connected to Fed Interest Rate Cuts?
Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "ACCEPT", you acknowledge our privacy policy and consent to the use of cookies. 

C-SUITE PERSPECTIVES

How Are Salary Budgets Connected to Fed Interest Rate Cuts?

To what extent are companies planning to increase employee base pay next year, and how do those plans differ across industries?

The Conference Board annual Salary Increase Budget has dropped -- and so have interest rates. To what extent are companies planning to increase employee base pay next year, and how do those plans differ across industries? 

 

Diana Scott and guest Rita Meyerson, Principal Researcher in the Human Capital Center, spoke yesterday about what this year’s survey data show, and how the Fed’s first interest rate cut in four years could affect budgets for salary increases in 2025. 

 

(00:34) Overview of Salary Budget Planning
(00:45) Details of the Annual Survey
(03:59) Survey Results and Trends
(08:00) Industry-Specific Insights
(11:03) Economic Factors and Wage Impact
(18:30) Equity and Recognition in Compensation
(24:53) Pay Equity and Transparency
(26:30) Conclusion and Final Thoughts

 

For more from The Conference Board: 

 How Are Salary Budgets Connected to Fed Interest Rate Cuts?

Don’t miss an episode of C-Suite Perspectives

Sign Up for Episode Alerts

Listen on

The Conference Board annual Salary Increase Budget has dropped -- and so have interest rates. To what extent are companies planning to increase employee base pay next year, and how do those plans differ across industries? 

 

Diana Scott and guest Rita Meyerson, Principal Researcher in the Human Capital Center, spoke yesterday about what this year’s survey data show, and how the Fed’s first interest rate cut in four years could affect budgets for salary increases in 2025. 

 

(00:34) Overview of Salary Budget Planning
(00:45) Details of the Annual Survey
(03:59) Survey Results and Trends
(08:00) Industry-Specific Insights
(11:03) Economic Factors and Wage Impact
(18:30) Equity and Recognition in Compensation
(24:53) Pay Equity and Transparency
(26:30) Conclusion and Final Thoughts

 

For more from The Conference Board: 

Return to podcast series

Experts in this series

Join experts from The Conference Board as they share Trusted Insights for What’s Ahead®

Rita Meyerson, EdD

Rita Meyerson, EdD

Principal Researcher, Human Capital
The Conference Board…

Read Bio

Diana Scott

Diana Scott

US Human Capital Center Leader
The Conference Board

Read Bio

C-Suite Perspectives

C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.

C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.


Episodes

View more episodes

Other Related Resources