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Compensation Resources, Inc. Releases Its 2008 Annual Salary Budget Planning Survey
11/01/08
By: Paul R. Dorf, CRI
Upper Saddle River, N.J. – November 2008 - Compensation Resources, Inc. (CRI) has released the results of its 2008 Annual Salary Budget Planning Survey (formerly Year-End Compensation Planning Survey). The purpose of this study was to obtain compensation data used for trending and planning purposes at companies of all sizes, locations, and industries. Data was compiled from survey questions that were developed by CRI and distributed to companies in over 20 industries, in addition to Non-Profit organizations. The survey sampled compensation data from a variety of organizations, collected in August 2008, and had a total of 379 participants.
Along with an overall breakout, we have separated the data by company type, revenue, organization size and industry. This survey reports detailed information concerning merit increases by employee group, along with important employment data, such as layoffs, hiring freezes, staffing increases, salary freezes, and cutbacks in pay.
Other major points mentioned in this survey are:
· Short-term incentive plans
· Long-term incentive plans
· Compensation package mix
Our Annual Salary Budget Planning Survey is a must have handbook for your company’s bookshelf.
For more information or to order the survey, please contact Andrew Sellers at (877) 934-0505 x115
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