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Study shows steady increase in salary budgets

Despite cost cutting in other areas, a recent survey shows employers are increasing salary budgets across all industries. The 35th Annual WorldatWork Salary Budget Survey shows the amount employers allocate for employee pay, not including costs like

By Danielle Andrus | Updated on July 21, 2008

Despite cost cutting in other areas, a recent survey shows employers are increasing salary budgets across all industries. The 35th Annual WorldatWork Salary Budget Survey shows the amount employers allocate for employee pay, not including costs like insurance and 401(k) matches, has been increasing steadily since 2005. In 2008, budgets increased 3.9 percent and are projected to grow 3.9 percent in 2009.

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