47th Annual Salary Budget Survey Reveals Impact of Pandemic on Salary Budgets! Includes October update of U.S. data.
Unlike others, the WorldatWork Salary Budget Survey data relies solely on input from compensation professionals making it the most reliable survey data available. This year, among many other findings, we learn that in the midst of marketplace uncertainties, salary increase budgets are still in play at most organizations.
Reflecting on 4,754 responses and data from 19 countries, you find information on base salary increases, merit budgets, salary structure adjustments (U.S. and Canada only), promotional increases (U.S. only) and variable pay plans (U.S. only). Plus, with the Online Reporting Tool you can slice and dice the data to create custom reports to compare your data against other organizations in your region or industry.
The gold standard for global insights and benchmarking across all industries, WorldatWork’s annual salary budget survey is the longest-running survey of its kind. Make sure your compensation strategy is competitive and designed to help you achieve the results you need.