Monday, October 5, 2009

Pay increase budgeting

Q: I realize we’ve just received our annual salary survey data, however, we are wondering if companies have revised their budget since submitting data. We are interested in knowing just the individual Merit % and Promo % (not COLA, market, etc.) planned for this year. Thanks in advance for your help.

A: Results:
Company Merit Promo
Company 1 3% 1%
Company 2 3% 0%
Company 3 4% 1%
Company 4 3% 0%
Company 5 3% 0%
Company 6 3% 1%

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