The results from BLR’s annual Pay Budget Survey are now available on Compensation.BLR.com. The survey gathered data on salary increases, bonuses, and rate range adjustments in 2012 and planned increases for 2013.
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Eighteen percent of respondents expect to offer 2013 merit increases of up to 2.5 percent, while 22 percent plan no increase at this time and 31 percent haven’t yet made a decision regarding 2013 merit increases. The survey shows, however, that 27.5 percent plan to offer merit increases of 2.5 to 5 percent and 1 percent plan to offer increases above 5 percent.
A total of 1,517 organizations participated in this survey, which was conducted in June 2012.
Download the survey summary.