Wage increases "lackluster": WorldatWork

Compensation association says low inflation, soaring benefit costs temper wage increases in the U.S. and Canada
|hrreporter.com|Last Updated: 09/14/2006

Nearly nine out of 10 workers in North America will get a raise this year, according to the annual

WorldatWork Salary Budget Survey.

Organizations indicated that 87 per cent of employees will receive an increase in base pay this year, up from 83 per cent in 2003. The average base pay increase for 2004 is 3.5 per cent, a figure WorldatWork called “lackluster.”