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Only 45% Of U.S. Workers Expect A Pay Raise In The Next Six Months

LinkedIn’s Workplace Confidence Index shows just 22% of workers expect to be promoted in the coming year.

Emma AscottbyEmma Ascott
November 22, 2024
in News
Reading Time: 1 min read
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Only 45% Of U.S. Workers Expect A Pay Raise In The Next Six Months

LinkedIn's Executive Confidence Index reveals that nearly half (49%) of U.S. executives report that pay raises and promotions at their organizations have become more restricted compared to previous years.

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According to LinkedIn’s latest Workforce Confidence Index, less than half of U.S. workers (45%) anticipate receiving a pay raise within the next six months. 

Even more striking, only 22% expect to be promoted in the coming year.

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This cautious outlook appears to be driven by ongoing economic uncertainty and inflation, which have impacted both worker expectations and employers’ budgets for salary increases.

A separate survey, LinkedIn’s Executive Confidence Index, reveals that nearly half (49%) of U.S. executives report that pay raises and promotions at their organizations have become more restricted compared to previous years.

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Source: LinkedIn
Tags: Career GrowthWorkforce
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Emma Ascott

Emma Ascott

Emma Ascott is a contributing writer for Allwork.Space based in Phoenix, Arizona. She graduated from Walter Cronkite at Arizona State University with a bachelor’s degree in journalism and mass communication in 2021. Emma has written about a multitude of topics, such as the future of work, politics, social justice, money, tech, government meetings, breaking news and healthcare.

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