Despite the fact that the economy has been humming along, workers just aren't going to see much benefit from it.
That's according to an HRDive report, which says that pay increases will pretty much stagnate over the next year. This discouraging news comes from a new Aon research study that projects increases in base pay at just 3.0 percent in 2018, up just a hair from 2.9 percent in 2017.
Workers who don't stand out from the crowd as high performers might be getting even less in times to come, with more than two thirds of employer survey respondents saying that they're taking some type of action to increase merit pay differentiation in 2018. While 40 percent indicate that they're reducing or eliminating increases for lesser performers, 18 percent say they're using a more aggressive, highly leveraged merit increase grid and 15 percent are setting more aggressive performance targets.
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