By: Larger Raises
Senior Leaders
Salaries for executives are expected to increase by 3% in 2014, compared to 1.4% in 2009.
On the Payroll
Pay for salaried employees should also increase by 3% in 2014, compared to no more than 1.9% in 2009.
Clock Management
Nonunion, hourly workers will get a 2.9% increase in pay in 2014, as opposed to 2% in 2009.
Meritocracy
Top-performing employees are getting 4.7% in average increases this year, which is twice the amount of average workers.
Underperformers
Employees who don't meet expectations get less than 1% in pay raises.
Prove It or Lose It
90% of companies offer “variable pay” programs - or performance-based awards that must be re-earned every year - compared to just 78% that did so a decade ago.
Results-Based Benefit
Those companies expect to pay 12% of payroll on variable-compensation programs, up from 9.5% a decade ago.
Top Cities for Raises?
These include Kansas City and Denver, where workers are commanding 3.2% increases.
Bottom-Feeders
Workers in pricey cities like Boston and New York are seeing only 2.8% in paycheck increases.
