PayScale.com, PayScale
Jul 17, 2009
World at Work released the preliminary results for the 2010 salary budget survey.
While its predictions for next year are interesting, what is really fascinating is the difference between predictions and reality for this year.
Back in May 2008, employers looked at their budgets, and predicted raises for the coming year. This survey contains the actual raises given as of May 2009.
In this post, I'll take a quick look the World at Work preliminary data, what our PayScale data show, and take my guess at what the future holds.
A raise is made up of two parts: changes in your abilities and responsibilities, and general market forces. While the big picture market is bleak, is your employer recognizing all you are worth? Use the free PayScale Salary Survey to find out.