Career Advice:
Are you expecting a salary increase in 2008? If so, how much?
Towers Perrin, a compensation consulting firm, says that raises in the U.S. are expected to stay about the same as this year. More raises will be tied to performance.
That means that, according to a survey of 4,000 companies in 60 countries, employers are budgeting an average of 3.9% for salary hikes. The gap is getting bigger between raises awarded to top and bottom employers. The top-rated employees received and average raise of 5.6% in 2007; lowest rated performers received only 1.8%.
Salary increases in India are expected to rise 15%; in China, 9%.
If you could use some advice in how to get a raise, I invite you to visit my website www.commonsenseatwork.com.
There you see an icon just under the title banner-E-Books which will take you to the source of my E-Book, “How To Get A Raise”.
I wish you career success!
Ramon Greenwood, Head Career Coach
www.commonsenseatwork.com
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