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Raises Are Getting Targeted | Minneapolis News
Companies are ditching one-size-fits-all raises, shifting toward rewarding top performers with bigger bonuses and perks instead of spreading small increases across the board. With only 32% of employers planning universal raises in 2027 — down from 36% this year — compensation is becoming more targeted. While the average raise hovers around 3.5% to match inflation, sectors like aerospace and defense are offering 4.5%, while telecoms stick to just 2.5%. This trend signals smarter, value-driven investment in talent — but your paycheck still depends heavily on your industry. Listen in comfort:Get…
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