2011-2012 Salary Increase/ Merit Budget Survey Results

For the next few weeks, I will review salary increase/ merit budget survey results for 2011 – 2012. The 2012 salary increase budgets are projected by the survey participants. WorldatWork (www.worldatwork.org) is a not-for-profit organization providing education and research focused on global human resources issues including compensation, benefits, work-life and integrated total rewards to attract, motivate and retain a talented workforce.

According to results from the annual 2011 – 2012 WorldatWork Salary Budget Survey, the overall total salary budget increase figures up by 10% to 2.8% for 2011. The salary budget for all employee groups (Executives, Exempt, and Non-exempt Hourly) is exactly the same for 2012. The projected mean is 2.9% and the mean is 3.0%.

Here are the salary increase budget figures by Type of Increase for 2012:

Type of Increase Projected 2012
Mean Median
General Increase/COLA 1.7% 2.0%
Merit Increase 2.8% 3.0%
Other Increase 0.9% 0.5%
Total Increase 2.9% 3.0%

Note: Various categories do not add to “Total Increase” because not every organization provides all three types of Increase

Advertisement
Published in: on July 11, 2011 at 2:34 am  Leave a Comment  

The URI to TrackBack this entry is: http://compconsultant.wordpress.com/2011/07/11/2011-2012-salary-increase-merit-budget-survey-results-part-1/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.