How much of a raise did you get in 2013 and again in 2014? Let's take a look at what it should be according to a study.

U.S. employers are planning to give pay raises averaging 3% next year. That's about par with the 2.9% average raise in 2014 and 2013.

This is according to a survey of nearly 1,100 U.S. companies done by compensation consultant Towers Watson.

Inflation is currently running at about 2.1%. Towers Watson managing director Laury Sejen says,

Your average employee is barely keeping ahead of inflation. Employees believe that employers are falling short in how pay decisions are made, and that there is much need for improvement.

As the labor market heats up, soft salary increases could spur more turnover.

Source: USA Today