Pay For Performance Increases In The Year 2000

Employees looking to line their pockets with green better step up their performance in 2000.

According to Hewitt Associates Salary Increase Survey, salary increases will be moderate - ranging from 4.4 percent for executives to 3.9 for non-union hourly workers.

Conversely, the survey finds variable compensation plans will increase by 16 percent. Companies funneling money into pay for performance programs find their fixed costs don't expand with rising salaries; self-funding performance awards are paid as company goals are realized.

The lower moderate salary increases may not apply to high skill professionals that employers are finding hard to attract and retain. Who's at the top of this list? You guessed it - Information Technology professionals. Other "in-demand" high skill areas include engineering, finance, sales, and marketing.

Call Hewitt Associates at 847.295.5000 to order the full report for $125.

You may like these other stories...

For the first time since 2006, more than 50 percent of CFOs believe the US economy will show signs of improvement over a six-month span rather than remain the same or worsen, according to a new study from Chicago-based...
By Jason Bramwell, Staff Writer CPAs in New Jersey, New York, and Pennsylvania believe economic conditions in the United States will likely be the same one year from now, and while they predict higher business revenues...
By Jason Bramwell Managers in accounting, finance, and IT are cautiously optimistic about their hiring plans for the fourth quarter of 2013, according to a new hiring outlook survey from staffing firm Brilliant. ...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.