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Slight increase in salaries for 2010

Employers attempt to retain key talent with salary differentiation strategies.

By Danielle Andrus | Updated on December 09, 2009

Some employers are optimistic about next year. Nearly two-thirds of companies that froze salary increases this year said they expect to increase pay in 2010, according to a recent report by Towers Perrin. Employers are still cautious, however; increases are likely to be small – median increase are estimated to be around 3 percent – as only one-third of employers expect a significant improvement in the economy in the first half of 2010.

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