Salary increases forecast at 3.9 per cent for 2009

WorldatWork releases preliminary results
By Sarah Dobson
|hrreporter.com|Last Updated: 08/21/2008

Preliminary results from the annual WorldatWork Salary Budget Survey show pay budgets growing steadily from 2008 to 2009 in the United States and Canada.

The actual increase in salary budgets was 3.9 per cent in 2008 across all employee categories, regions and industries according to more than 2,700 organizations polled, and is projected to rise again by 3.9 per cent in 2009.