Buoyed by the largest projected bonuses in four decades, employees should see pay climb in 2020 according to Aon

CHICAGO, Sept. 11, 2019 /PRNewswire/ — Salaries are projected to rise in 2020, and U.S. employees should also expect to bring home more in bonuses next year, according to new data released today by Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions. Aon’s 2019 U.S. Salary Increase Survey of 1,216 U.S. businesses projects base pay budgets will increase by 3.2% in 2020, slightly higher than 2019’s 3.1% actual lift. In addition, variable pay, such as incentive or sign-on bonuses, is expected to rise to record levels at 13.1% of payroll, the largest allocation to projected variable pay in the history of the 43-year study.

source https://finance.yahoo.com/news/buoyed-largest-projected-bonuses-four-131700451.html?.tsrc=rss

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