Employers are budgeting for smaller pay raises in 2025, survey finds

The video discusses the current job market, highlighting job security and wage pressures. It covers a survey showing salary raise trends, with most workers expecting a pay bump. Tips for requesting raises are provided, emphasizing preparation and self-promotion. The video concludes with an optimistic outlook on future salary expectations.

What is one of the main reasons workers are pushing for higher wages?

• Better working conditions

• High prices and cost of living

• Increased job security

• More job openings

According to the Salary Budget survey, what is the projected average pay raise for 2025?

• 4%

• 3.5%

• 5%

• 3.6%

What is a common factor among workers who received a pay raise last year?

• Switching to a new employer

• Staying with their current employer

• Working part-time

• Changing industries

What is a recommended strategy before asking for a raise?

• Discussing with colleagues

• Preparing a list of contributions

• Switching jobs

• Waiting for a promotion

What percentage of respondents expect a pay raise in 2025 according to the LendingTree survey?

• 85%

• 65%

• 75%

• 50%