Despite all of the layoffs, U.S. salary budgets at large and midsize employers may be higher this year than they were in 2008.
WorldatWork, Washington, a compensation and benefits group, says the 2,600 compensation and benefits professionals who participated in its latest salary budget survey report salary budgets are up 2.2% this year and could increase 2.8% in 2010.
The participants work at employers with a total of about 16 million U.S. employees.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.