Salary Increase Budgets Below 4 percent for 2008 and 2009, The Conference Board Reports in New Salary Survey
Salary increase budgets average 3.80 percent in 2008 across non-exempt, exempt, and executive employee categories, while salary increase budgets for non-exempt hourly employees come in lower at 3.70 percent, The Conference Board reports. For 2009, the median budget for salary increases is projected to be 3.75 percent for both non-exempt salaried and hourly employees. The [...]