what is average raise per year
Executives and managers are projected to receive about the same. A 3% raise -- which is on par with the average raise in 2015 -- won't let you loosen the purse strings too much. But it's still well ahead of inflation, which was just 0.1% in June, or 1.7% if you exclude food and gas prices. To a large extent, 3% pay raises have become the new norm in corporate America.