salary increase

The survey of 1,200 households in Australia found that those between 25 and 34 years expected their wages to grow by 10.8 percent. 

It should be pointed out that the Melbourne Institute Wages report showed, in the 12 months to May total pay in the country increased 3.3 percent, 0.9 percentage points decrease from the previous survey in February. Basic hourly wages rates excluding bonuses and overtime pay has grown by 3.3 percent during the period.

Over 1,000 employers in the U.S. were surveyed if they are planning to change their salary budget projections in accordance with the current economy environment. The results of the study conducted by WorldatWork showed that companies plan to lower their 2009 salary budget increase projections across all employee categories, industries and regions.