TITLE

Bright Future for Performance Pay

AUTHOR(S)
Zeidner, Rita
PUB. DATE
December 2008
SOURCE
HR Magazine;Dec2008, Vol. 53 Issue 12, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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 professionals to 4.0 percent for executives to 4.1 percent for chief executive officers. The survey also found that only 2.3 percent of respondents reported that they did not have a pay-for-performance philosophy, compared to 4.1 percent in 2007.
ACCESSION #
36075233

 

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