2025 merit increase projections refer to the anticipated percentage increases in employee salaries based on their performance and contributions.
These projections are important for businesses as they help in budgeting for future payroll expenses. They are also crucial for employees as they provide insights into their potential salary growth. Several factors influence 2025 merit increase projections, including the company’s financial performance, industry trends, and the cost of living.
The National Merit Scholarship Program is an academic competition for high school students in the United States. Each year, approximately 16,000 students are named National Merit Semifinalists. These students are selected based on their exceptional academic performance, as measured by their scores on the Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT).
To become a National Merit Semifinalist, students must score in the top 1% of all PSAT/NMSQT test takers in their state. Semifinalists are then eligible to compete for National Merit Scholarships, which are awarded based on students’ academic records, test scores, and extracurricular activities.
