• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Subscribe
  • Submit Content
  • About Us
    • Contact Us
  • Advertise
    • Display Advertising
    • Email Marketing Campaigns
    • Newsletter Advertising
    • Sponsored Content
    • Lead Generation Services
  • Top Product Sources

WholesaleCentral.com Blog

The Industry's Trusted Source for B2B Retail and Wholesale News

  • For Buyers
    • Retail News
    • Products & Suppliers
    • Ecommerce
    • Marketing & Management
    • Trade Show News
  • For Suppliers
    • Supplier News
    • Marketing & Management
    • Importing
    • Manufacturers
    • Warehousing
    • Finance
    • Show Exhibiting
  • Wholesale 101
  • Trade Show Calendar
  • Wholesale Products
Home » Salary Report

Salary Report

April 1, 2010 by Publisher

The higher the salaries, the better it is for the retailer. That’s why a recent salary report by the Conference Board, based in New York City, is not great news. With total salary increase budgets now barely exceeding inflation, even top performers may be just keeping up with cost of living increases, according to The Conference Board Salary Increase Budgets for 2010.

New 2010 projections show that salary increase budgets in the U.S. will be below three percent for the first time in more than two decades, and projected 2010 salary structure adjustments for all categories of employees are not expected to top two percent; well below The Conference Board’s forecasted inflation rate of 2.6 percent.

“Compensation professionals usually make sure that the salary structures move in lock step with inflation, in order to ensure that structures represent market rate for jobs,” says John Gibbons, program director, human capital, The Conference Board. “They budget increases in a particular year to reward great performance, allowing earnings to exceed inflation and move people up through the ranges. Salary ranges also represent employers’ anticipation of what the job market will require. Projections of near zero percent in real terms mean that employers are making the assumption that the salary market is simply not going to move up, regardless of increases in the cost of living.”

Category: Magazine Archives, Retail News

Primary Sidebar

Latest Posts

How to Avoid ERP System Pitfalls

Marketing & Management

Using Blockchain to Grow Your Business

Ecommerce

5 Tips to Boost Ecommerce Conversions

Ecommerce

Success Tips for Food & Beverage Wholesale Distribution

Marketing & Management

8 Entrepreneurial Myths Debunked

Retail News

Improve Retail Pop-Up Experiences with Technology

Retail News

Sign Up for Buyer Updates

WholesaleCentral.com

Join the Buyer's Network

Get news & updates only for retailers.

Editor’s Picks

How to Build the Perfect Marketing Campaign

Editors Picks, Wholesale 101 for Buyers

The Best & Worst Times to Post on Social Media

Editors Picks, Marketing & Management

Best Made in USA Products to Sell in the Summer

Editors Picks, Featured Products, Made in USA, Product News

More Editor's Picks

Follow Us:

© Sumner Communications, Inc.
6 Research Drive, Suite 420 | Shelton, CT 06484