| Research Report
Results from The Conference Board Interim Salary Increase Budgets survey indicate that the median 2021 actual total salary increase budget and merit increases across all employee groups was 3.00 percent. The 2022 median total salary increases are projected at 3.50 percent. 240 organizations completed the survey, which was fielded from November 8 to November 19, 2021. Data were requested for four employment categories: nonexempt hourly (non-union), nonexempt salaried, exempt, and executive. Results are reported overall, by industry, revenues and employees.