Earlier this week, I shared new 2009 salary planning information from WorldatWork's Special Update survey report (which features the responses of 1,033 member organizations).
The following table, drawn from that same Special Update report, captures what I thought was an interesting combination of data.
Here are a few of the conclusions I draw from these statistics -
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There is a greater emphasis on salary budget decreases and salary freezes at the officer/executive level than at lower levels of the organization (particularly in comparison to hourly employees). This would indicate that executive are bearing more of the pain of tight salary budgets, which is both appropriate and important. You could make the argument that the scales should be tipped at a greater angle than is indicated here, but at least they are tipped in the right direction.
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Variable pay budgets are being held relative stable - and even increased for nonexempt staff. Hopefully this is an indication that employers are viewing and using incentive as a way to strengthen partnership with employees and sharing the rewards of pulling through the tough times together.
What's your take?
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