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 "OK", you consent to the use of cookies. 
U.S. Salary Increase Budgets for 2016

US salary increase budgets for 2015 have a median increase of 3 percent, the same as the previous four years. This median holds for each of the four employee groups—nonexempt hourly (nonunion), nonexempt salaried, exempt, and executive—and across all employment categories. Projections for 2016 are also 3 percent.

A significant development in the US economy in the past year is the increasingly tight labor market. The unemployment rate continues to decline rapidly, standing at 5.4 percent in April 2015, which is within the range of the natural rate of unemployment. While wage growth has been elusive, indicators point to an acceleration in the coming years, as the labor market continues to tighten.

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

Donate

OTHER RELATED CONTENT

RESEARCH & INSIGHTS

US Salary Increase Budgets for 2020

US Salary Increase Budgets for 2020

November 13, 2019 | Research Report

US Salary Increase Budgets for 2019

US Salary Increase Budgets for 2019

July 12, 2018 | Research Report

US Salary Increase Budgets for 2018

US Salary Increase Budgets for 2018

July 25, 2017 | Research Report

WEBCASTS

COUNCILS

BLOGS