2.6% To 3.3% Employee Pay Increases Projected In 2010 - Does That Include Your Business?
As the economy recovers, pay increases will take on increasing importance. A good motivated employee will help you recoup that pay increase in enhanced productivity - enabling you to capture new opportunities as customers open up pocket books again. But an unhappy employee who feels underpaid, may jump ship as soon as the job market loosens up. Are you planning to give pay increases to employees in 2010? Make it a goal.