Are low salary increases here to stay? What is the range of actual increases received, given small budgets? How will the economy and job market impact base pay increases in 2011 and projections for 2012? Will variable pay budgets continue to remain strong?
These are just a few of the urgent questions facing compensation professionals.
Increase budgets remain low and variable pay is higher than ever. Organizations are diligently trying to manage fixed costs, but at the same time are struggling with economic and market forces with respect to pay. For both salary increase and variable pay, organizations are trying to differentiate pay using more individual performance metrics and greater "stretch" goals. The fact is that is has never been more critical to have quality compensation-related benchmarking information at your fingertips.
You Can Purchase U.S. and Global Salary Increase Survey Data
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2011-2012 Aon Hewitt global nonparticipant order form.