TITLE

Management Pay Rises

PUB. DATE
May 1989
SOURCE
Management Services;May89, Vol. 33 Issue 5, p52
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The Reward Management Salary Survey published at the end of March in the periodical Management Services shows a base management pay rise of 8.5 percent. The sample of entries to the May, 1989 edition of Reward, has passed the 25,000 mark for the first time and is also based on information from over 1,000 companies, reflecting the increasing need by companies for pay data and the benefits of providing data to Reward. Results of the survey show that over the last eighteen months there has been a steady decline in the level of bonus payments to managers whilst, at the same time, base pay has been pushed up by the addition of merit awards. The result is that although the May, 1989 edition of Reward shows a base pay rise of 8.5 percent, total pay is only up by 7.5 percent. Participants on a matched sample basis actually awarded average base awards of 6.5 percent and the addition of 2 percent to reach the 8.5 percent figure is largely due to additional merit awards, which are added permanently to the base pay. Therefore, one really have a three-stage picture for the average company's treatment of management pay awards.
ACCESSION #
12423216

 

Related Articles

  • Bright Future for Performance Pay. Zeidner, Rita // HR Magazine;Dec2008, Vol. 53 Issue 12, p12 

    The article reports on the results of a survey of 314 diverse employers in the U.S. conducted by Buck Consultants in mid-2008 and in September to reflect the economic downturn. Based on the findings of the survey, salary increases for 2009 range from 3.8 percent for nonexempt and non-management...

  • Steady Gains: Compensation increases of credit union CEOs again well above average. Bankston, Karen // Credit Union Management;Aug2017, Vol. 40 Issue 8, p10 

    The article discusses a survey which shows the above average 7.7 percent in compensation increases of credit union (CU) chief executive officers (CEO) to 376,248 dollars as of 2017. Topics covered include the 84.4 percent eligibility rate of CEOs to bonuses, CUs' growing interest in split-dollar...

  • CEO pay jumped in '13, per a. Investor's Business Daily // Investors Business Daily;5/29/2014, pA02 

    CEO pay jumped in '13, per a Wall Street Journal/Hay Group survey. Overall direct compensation, including base salaries, incentives and more, rose 5.5%, the most since '10.

  • What Managers Earn. Chapman, David // New Zealand Management;Sep2005, Vol. 52 Issue 8, p26 

    Presents the results of a salary survey conducted by the New Zealand Institute of Management and specialist publisher Brookers. Percentage of salary increase paid to employees in different positions in 2004; Comparison of the average value of performance-based remuneration packages in 2004 and...

  • Look Beyond Base Pay When Compensating Employees. Soltis, Beth // Point for Credit Union Research & Advice;9/1/2006, p14 

    This article focuses on the 2006 Complete Credit Union Staff Salary Survey by CUNA which found that management wage increases averaged 3.92 percent overall in 2005 and 3.7 percent overall for nonmanagement employees. Not only are these figures similar to 2004 average wage increases, but they are...

  • Review CEO Compensation Philosophy to Stay Competitive.  // Credit Union Directors Newsletter;Sep2014, Vol. 40 Issue 9, p1 

    The article discusses compensation paid by the credit unions to their chief executive officers (CEO). Topics discussed include increase in base salaries, bonus and incentives. Other topics include competition in business, CEO tenure and guidelines for determining compensation to the CEOs....

  • FIRST-CLASS COACH. Kennett, Miranda // Management Today;Apr2012, p66 

    The article presents an answer to a question of how to ask for a pay increase at work.

  • Less perky, more practical.  // Advertising Age;11/18/1991, Vol. 62 Issue 49, special section pS-10 

    This article reports on a Hewitt Associates survey of executive compensation in U.S. corporations as of November 1991. Perquisites are taking a back seat as greater portions of executive compensation are being placed at risk in the form of incentive arrangements. Perquisites also have become...

  • BETTER OFF AT NUMBER 2. Odell, Patricia // Promo;SourceBook 2005, Vol. 17, p88 

    Reports on a 2004 wage survey of promotion agency executives in U.S. Salary increases in 2003; Average size of bonuses; Major job concerns of agency executives; Compensation packages for executives.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics