5 Salary Secrets Your Company Won’t Tell You

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January 28, 2011


It’s normal to wonder how and why you get paid the salary you do. After all, most employers are not willing to share inside salary information and salary decision methods, without at least a little prodding. So how are wage increases determined in big companies? And how can you use that salary information to your advantage? Let’s take a look at the best kept company salary secrets.
1. For most companies, 3.9% is the average budget increase for salaries
Yes, sad but true. According to salary information in the 35th annual WorldatWork Salary Budget Survey, the “actual increase in salary budgets was 3.9 percent in 2008.” The number is expected to stay the same in 2009. Continue reading …
Article by, Joy Victory and courtesy of PayScale.com where you can get accurate, real-time salary reports based on your job title, location, education, skills and experience.

Originally posted by Candice A

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