Salary Budgets for 2010
A quarterly publication from HRN Management Group
Salary budgets for 2010 are projected at 2.8% to 3.0% (all industries) according to the 2009-2010 World at Work Salary Budget Survey. Data from this survey was collected from 2,743 U.S. organizations. Similar conclusions were reached from The Institute of Management and Administration (IOMA) Report and William M. Mercer's 2009/2010 U.S. Compensation Planning Report with over 1100 organizations contributing data.
2009 has not been a typical year for salary increases or budgets. Due to the economic changes which have occurred salary budgets ranged 0.2 % to 1.4% lower than those originally predicted (depending on industry). Overall 2009 average salary budgets dropped to 3.2% from the 3.8% predicted last fall.



