Last week, I shared top level results from WorldatWork's annual salary budget survey. This post features top level results from another source, Hay Group's recently released salary forecast study, featuring the responses of 350 U.S. organizations across a number of industries.
Not surprisingly, we find Hay's projections to be pretty closely in sync with the results shared by WorldatWork last week.
In addition to salary budget plans, the Hay results also provide us with some early projections for salary structure adjustments.
And for some reflections on the the salary budgeting process for 2013, see my post today at the Compensation Cafe.
It is great that in spite of recent mixed economic news
in the United States there still will be salary increases.
This forecast is also 1.3% above the 1.7% all items inflation index through June, representing a real gain in income. However, this forecast is only 1.3% above the 1.7% all items inflation
Posted by: London Loves Business | August 17, 2012 at 06:02 AM