• U.S. Salary Increase Budgets — 2015/2016

“Although the economy is improving and the job market is more robust, salary increase budgets for US companies continue to show little signs of growth. According to Mercer’s 2015/2016 US Compensation Planning Survey, the average salary increase budget is expected to be 2.9% in 2016, up slightly from the average increase budget of 2.8% in 2015.

”However, salary increases for top-performing employees – 7% of the workforce – will be almost twice that of average performers as companies continue to differentiate salary increases based on performance. …”

Please visit this link to read the full report: Mercer.com

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

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• U.S. Projected Salary Increases…Another Look — 2016

“While recent pay surveys have projected that 2016 salaries will be budgeted to increase around 3 percent, the newly released 2016 Salary Guide from talent acquisition firm Adecco Staffing USA suggests that those predictions may be skewed upward.…”

Please visit this link to read the full report: SHRM

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

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• U.S. Projected Salary Increase Budgets — 2016

“For the fifth year in a row, U.S. employees can expect to see a moderate 3.0% median base salary increase in 2016, according to new research released by Hay Group, the global management consulting firm.

”This figure is in line with actual pay increases of 3.0% reported by the surveyed companies in 2015.…”

Please visit this link to read the full report: HayGroup

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

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• U.S. Pay Budgets — 2015 - 2016

“Merit-based raises account for the largest portion of salary budget increases, as fewer U.S. employers provide across-the-board base pay increases to keep up with inflation, newly released results from the WorldatWork 2015-2016 Salary Budget Survey show….”

Please visit this link to read the full report: SHRM

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• “Projected 2016 Salary Increases by Country and Historical Trends”

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• 2016 Forecast for U.S. salary budgets is 2.7% down from 2.9% in 2015. “An analysis of early projections of 2016 salary increases across 56 countries is provided in Table 1 to support businesses in next year’s salary increase budgeting. This table also includes the International Monetary Fund’s recent research on 2014 actuals, as well as 2015 and 2016 projections for unemployment, growth in gross domestic product (GDP), and the consumer price index (CPI). ”This early look at 2016 salary increase projections is based on ERI Economic Research Institute’s extensive database, plus global historical trends and projections. Data from governmental resources, publications, and over 25,000 companies was assessed in this review….” Please visit this link to read the full report: EconomicResearchInstitute NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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