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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.

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 the Associate Editor for Allwork.Space, based in Phoenix, Arizona. She covers the future of work, labor news, and flexible workplace trends. She graduated from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University, and has written for Arizona PBS as well as a multitude of publications.

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