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Stagnant Pay Range Adjustments Reflect a Cautious Outlook from Employers

September 24, 2013  from: News

Stagnant pay increase budget and pay range adjustments projections in 2014 indicate employers are remaining cautious in regard to compensation programs.

Pay Increase Budgets for Manufacturing & Distribution Employers Remain Stable as Unemployment Recedes

July 31, 2013  from: News

In June 2013, the Bureau of Labor Statistics reported the unemployment rate at 7.6 percent, down from the recession high of 10 percent reported in October 2009. Although the unemployment rate has dropped slowly over the last few years, the 2013 Compensation Data Manufacturing & Distribution survey results show pay increase budgets in the industry have remained very similar this year at 2.9 percent compared to 2.7 percent since 2011. The results indicate employers expect pay increase budgets to remain at 2.9 percent in 2014.

Pay Range Adjustments to Largely Stagnate Through 2013

November 16, 2012  from: In the News

Projections for average pay increases in 2013 are unimpressive as reported by Compdata Surveys BenchmarkPro,which only anticipates a 2.8 percent jump over current budgets.

Hospitality Pay Increase Budgets See Small Increases

September 25, 2012  from: dataLink

As the economy struggles to regain its footing, pay increase budgets increased for hospitality organizations this year. The 2012 Compensation Data Hospitality survey results reported pay increase budgets at 2.7 percent, reflecting an increase from 2.4 percent reported in 2011 and 1.9 percent reported in 2010. Pay increase budgets are projected to increase slightly in 2013, up to 2.9 percent.

Not-For-Profit Pay Increase Budgets See Small Increases

September 20, 2012  from: dataLink

As the economy struggles to regain its footing, pay increase budgets increased slightly for not-for-profit organizations this year. The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

Banking & Finance Pay Increase Budgets See Little Change

September 19, 2012  from: dataLink

As the economy struggles to regain its footing, pay increase budgets increased only slightly for banking and financial organizations this year. The newly released 2012 Compensation Data Banking & Finance survey results indicate pay increase budgets rose to 2.7 percent, just below the expected increase of 2.8 percent for this year. An increase to 2.9 percent is expected in 2013.

Hospitality Pay Increase Budgets Show Slight Increase

September 10, 2012  from: News

The 2012 Compensation Data Hospitality survey results reported pay increase budgets at 2.7 percent, reflecting an increase from 2.4 percent reported in 2011 and 1.9 percent reported in 2010. Pay increase budgets are projected to increase to 2.9 percent in 2013.

Survey reports firms budget for pay increases

September 4, 2012  from: In the News

The report, Compensation Data Banking & Finance showed pay increase budgets at 2.7 percent, reflecting an increase from 2.6 percent reported the last two years.

Banking & Finance Pay Increase Budgets Show Slight Increase

August 28, 2012  from: News

The 2012 Compensation Data Banking & Finance survey results reported pay increase budgets at 2.7 percent, reflecting an increase from 2.6 percent reported in 2010 and 2011.Pay increase budgets are projected to increase to 2.9 percent in 2013.

Not-For-Profit Pay Increase Budgets Begin to Rise

August 13, 2012  from: News

The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

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