April 2, 2013 — SCOTTSDALE, ARIZ. — The “WorldatWork Salary Budget Survey,” the largest and longest-running survey of its kind, turns 40 this year. The survey was born in 1973 to help organizations with strategic compensation planning and pay increase recommendations. Survey respondents are WorldatWork members employed in the HR, compensation and benefits departments of large, multinational organizations.
Last year, WorldatWork received 4,000 responses from 13 countries representing more than 17 million employees. This year, the survey is expanding to include Belgium, Italy, Mexico and Switzerland.
The “WorldatWork 2012-2013 Salary Budget Survey” forecasted that 2013 salary increases will be lowest in the United States, Spain and Japan and highest in India, China and Brazil. WorldatWork data show that the average salary budget increases for the U.S. and Canada this year is 3.0% and 3.1%, respectively. Salary budget increases in North America have been declining steadily since 1981 when the average increase was at an all-time high of 10.5%.
The opportunity to participate in the “WorldatWork 2013-2014 Salary Budget Survey” is available only to WorldatWork members. Survey participants will receive a complimentary copy of the “Executive Report & Analysis” (available in August) as well as a two-year subscription to the 2013-2014 results in the “Online Reporting Tool” to create countless custom reports. Non-members who want the survey results for free are encouraged to contact WorldatWork Customer Relationship Services at 877-951-919, +1-480-922-2020 or firstname.lastname@example.org.
The Total Rewards Association
WorldatWork (www.worldatwork.org) is a nonprofit human resources association for professionals and organizations focused on compensation, benefits, work-life effectiveness and total rewards – strategies to attract, motivate and retain an engaged and productive workforce. WorldatWork and its affiliates provide comprehensive education, certification, research, advocacy and community, enhancing careers of professionals and, ultimately, achieving better results for the organizations they serve. WorldatWork has more than 65,000 members and subscribers worldwide; 95 percent of Fortune 500 companies employ a WorldatWork member. Founded in 1955, WorldatWork is affiliated with more than 70 local human resources associations and has offices in Scottsdale, Ariz., and Washington, D.C.
WorldatWork Society of Certified Professionals(R) is the certifying body for six prestigious designations: the Certified Compensation Professional(R) (CCP(R)), Certified Benefits Professional(R) (CBP), Global Remuneration Professional (GRP(R)), Work-Life Certified Professional(R) (WLCP(R)), Certified Sales Compensation Professional (CSCP)(TM) and Certified Executive Compensation Professional (CECP)(TM).
News and other information about WorldatWork are available at WorldatWork.org. For open commentary, videos and industry perspectives, visit WorldatWork Post, YouTube.com/WorldatWorkTV and https://twitter.com/WorldatWork.
# # #