A recovering economy and growing job market are challenging organizations to focus on attracting and retaining key talent. Still reluctant to increase base salaries, many are turning to incentives and bonuses to address this challenge.
Learn more about this emerging practice and others with this comprehensive survey that provides current and projected data on pay increases, structure adjustments, variable pay programs, and nontraditional pay programs. Covering more than 10 percent of the civilian workforce, data is submitted annually by more than 950 organizations reporting on nearly 12 million employees.
Purchase Options
The report includes the following information for five employee levels (executive, management, professional sales/non-sales, office/clerical/technician, and trades/production/service) analyzed regionally and by 35 industry groups:
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Actual 2006 and projected 2007 pay increases and structure adjustments
- Use of lump sum payments in lieu of pay increases
- Short-term and long-term incentive practices
- Prevalence of nontraditional pay and attraction and retention practices.
- View all data elements in Data Collected.
Participants receive a free Executive Summary and updated information in November. Participant purchasers also have access to unlimited custom reporting in Mercer PayMonitor, our online data analysis tool. Learn what your competition is planning for 2007 salary increase budgets and more.
Survey Stats
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# Positions:
N/A
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# Organizations:
950+
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# Observations:
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Based on data from the last completed survey
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Data Collected
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Attraction and Retention Programs
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Lump Sum Payments
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Promotional Increase Budgets
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Compensation Investment Measure
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Non-traditional Pay Practices
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Short-term Incentive Amounts
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Cost Saving Measures
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Pay Increase Budgets
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Structure Adjustment Budgets
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Long-term Incentive Prevalence
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Data Analyzed
Geographic Area
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North Central Region
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South Central Region
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West Coast Region
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Northeast Region
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Southeast Region
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Industry
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Agriculture
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Government
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Mining/Milling/Smelting
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Business/Info Services
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Healthcare - Non-Insurance
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Nonprofit, Misc
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Chemical
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Hospitality/Restaurant
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Pharmaceutical/Biotech.
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Computer Software/Services
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Insurance - Healthcare
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Real Estate
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Construction
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Insurance - Non-Healthcare
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Research & Development
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Consulting/Legal/Accounting
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Mfg-Aerospace
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Retail
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Diversified
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Mfg-Computer/Office Equip
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Service, Misc
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Education
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Mfg-Durable, Misc
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Telecommunications
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Energy
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Mfg-Electronics
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Transportation
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Engineering/Architectural
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Mfg-Food
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Utilities
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Entertainment & Media
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Mfg-Nondurable, Misc
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Wholesale/Distribution
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Finance/Banking
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Mfg-Paper & Allied Products
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Survey Schedule
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Participation Deadline:
Closed
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Report Available:
Jul (update Nov)
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Pricing Options