Scottsdale, Ariz. – Approximately half of organizations in the U.S., Canada, India
and the United Kingdom reported negative impacts due to the economic fallout from the global pandemic,
according to the WorldatWork 2021-2022 Salary Budget Survey, the longest-running survey of its kind.
Now in its 48
th year, the 136-page report provides CEOs, Chief Financial Officers and HR professionals
with robust, year-over-year data to design competitive compensation plans and Total Rewards strategies
that attract and retain high-performing employees. The data covers nearly 14 million employees from 19
countries and provides previous years’ data on salary increase budgets going back to 1984 (U.S.). An
easy-to-use Online Reporting Tool enables users to drill down and build customized reports according to
industry and geographic area (in the U.S. and Canada) allowing them to make informed salary budget
projections at their organizations.
For the first time since its launch in 1973, in addition to covering the U.S., the survey provides in-depth
insights into salary budget planning in Canada, India and the UK. In addition to the global pandemic
impact on salary budgets, the detailed survey covers base salary increases, merit budgets, salary structure
adjustments, promotional increases, variable pay, lump sum awards, compensation philosophy and more.
“Organizations of all kinds, from government entities to global multi-nationals to modest enterprises, rely
on this annual survey to benchmark and plan salary increase budgets to maintain the workforces they
need,” said Sue Holloway, Director, WorldatWork. “With differences in how and when organizations and
industries recover from the pandemic, and with labor shortages across various industries, we anticipate a
great deal of flux in salary budgets over the next few years.”
WorldatWork collected survey data for the “WorldatWork 2021-2022 Salary Budget Survey” from May
24 – June 30, 2021. The survey report was based on 4,085 responses. Members were asked to respond for
the U.S. and 18 other countries: Australia, Belgium, Brazil, Canada, China, France, Germany, India, Italy,
Japan, Mexico, Netherlands, Russia, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
WorldatWork is the leading global nonprofit organization for professionals engaged in the critically important practice of Total Rewards. We serve those who are responsible for cultivating inspired, engaged, productive, and committed workers in effective and rewarding workplaces.;