Compdata Surveys & Consulting Blog

Stagnant Pay Range Adjustments Reflect a Cautious Outlook from Employers

Posted by Amy Kaminski on Sep 24, 2013 5:26:17 AM

Kansas City, Kan. – The average pay increase budget projected for organizations in 2014 is 2.8 percent, up slightly from 2.7 percent reported for 2013, according to Compdata Surveys’ national survey of 40,000 U.S. employers. More than 80 percent of participating organizations indicated having a formal pay range in place, and the average pay range adjustment reported in 2013 was 2.1 percent. This is up slightly from 1.9 percent last year and 1.7 percent in 2011. Organizations expect almost no change for 2014, reporting projected adjustments of 2 percent.

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Topics: News, Pay Range Adjustments, pay increase budgets

Pay Increase Budgets for Manufacturing & Distribution Employers Remain Stable as Unemployment Recedes

Posted by Amy Kaminski on Jul 31, 2013 4:32:19 AM

Kansas City, Kan. – In June 2013, the Bureau of Labor Statistics reported the unemployment rate at 7.6 percent, down from the recession high of 10 percent reported in October 2009. Although the unemployment rate has dropped slowly over the last few years, the 2013 Compensation Data Manufacturing & Distribution survey results show pay increase budgets in the industry have remained very similar this year at 2.9 percent compared to 2.7 percent since 2011. The results indicate employers expect pay increase budgets to remain at 2.9 percent in 2014.

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Topics: News, Manufacturing & Distribution, pay increase budgets

Pay Range Adjustments to Largely Stagnate Through 2013

Posted by Amy Kaminski on Nov 16, 2012 7:52:19 AM

Original Article: Recruiter.com

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Topics: In the News, compensation, Pay Range Adjustments, pay increase budgets

Hospitality Pay Increase Budgets See Small Increases

Posted by Amy Kaminski on Sep 25, 2012 3:50:57 AM

As the economy struggles to regain its footing, pay increase budgets increased for hospitality organizations this year. The 2012 Compensation Data Hospitality survey results reported pay increase budgets at 2.7 percent, reflecting an increase from 2.4 percent reported in 2011 and 1.9 percent reported in 2010. Pay increase budgets are projected to increase slightly in 2013, up to 2.9 percent.

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Topics: dataLink, Hospitality, pay increase budgets

Not-For-Profit Pay Increase Budgets See Small Increases

Posted by Amy Kaminski on Sep 20, 2012 5:27:28 AM

As the economy struggles to regain its footing, pay increase budgets increased slightly for not-for-profit organizations this year. The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

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Topics: dataLink, Not-for-profit, pay increase budgets

Banking & Finance Pay Increase Budgets See Little Change

Posted by Amy Kaminski on Sep 19, 2012 3:24:29 AM

As the economy struggles to regain its footing, pay increase budgets increased only slightly for banking and financial organizations this year. The newly released 2012 Compensation Data Banking & Finance survey results indicate pay increase budgets rose to 2.7 percent, just below the expected increase of 2.8 percent for this year. An increase to 2.9 percent is expected in 2013.

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Topics: dataLink, Banking & Finance, pay increase budgets

Hospitality Pay Increase Budgets Show Slight Increase

Posted by Amy Kaminski on Sep 10, 2012 3:35:13 AM

Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate dropped slightly to 8.1 percent as of August 2012. Though the unemployment rate appears to have stagnated over the past several months, pay increase budgets are beginning to show signs of improvement. The 2012 Compensation Data Hospitality survey results reported pay increase budgets at 2.7 percent, reflecting an increase from 2.4 percent reported in 2011 and 1.9 percent reported in 2010. Pay increase budgets are projected to increase to 2.9 percent in 2013.

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Topics: compensation, News, Hospitality, pay increase budgets

Survey reports firms budget for pay increases

Posted by Amy Kaminski on Sep 4, 2012 8:45:29 AM

Original Article: Providence Business News

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Topics: In the News, Banking & Finance, compensation, pay increase budgets

Banking & Finance Pay Increase Budgets Show Slight Increase

Posted by Amy Kaminski on Aug 28, 2012 7:25:23 AM

Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate at 8.3 percent as of July 2012, up slightly from 8.2 percent in June. Although the unemployment rate has increased over the past couple of months, pay increase budgets are beginning to show small signs of improvement. The 2012 Compensation Data Banking & Finance survey results reported pay increase budgets at 2.7 percent, reflecting an increase from 2.6 percent reported in 2010 and 2011.Pay increase budgets are projected to increase to 2.9 percent in 2013.

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Topics: Banking & Finance, compensation, News, pay increase budgets

Not-For-Profit Pay Increase Budgets Begin to Rise

Posted by Amy Kaminski on Aug 13, 2012 4:07:20 AM

Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate at 8.3 percent as of July 2012, up slightly from 8.2 percent in June. Although the unemployment rate has increased over the past couple of months, pay increase budgets are beginning to show signs of improvement. The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

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Topics: compensation, News, Not-for-profit, pay increase budgets

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