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2010 Merit Increase Projections - The Management Association of Illinois
About Us
2010 Merit Increase Projections
News Release
November 12, 2009
FOR FURTHER INFORMATION:
Kevin Menzer, Director Membership & Marketing
Phone: 708-308-5160 E-mail: kmenzer@hrsource.org
2010 Merit Increase Projections
by Kristy Williams, CCP, Survey Manager
In August of 2009, The Management Association of Illinois released its 2009 Annual Pay Adjustment Survey results which indicate actual pay increases given from July 1, 2008, through June 30, 2009, along with projected pay increases for the next twelve months.
The Management Association's results closely mirror those reported merit increases collected from national associations and consulting firms. The trend out of this year's data shows the average increase approximately 1% lower than the previous year in actuals and projections.
Salary Merit Budget Increases
| Survey Source | 2010 Projected PMS-U | 2009 Actual PMS-U | 2010 Projected PMS-NU | 2009 Actual PMS-NU | 2010 Projected CT | 2009 Actual CT | 2010 Projected SMP | 2009 Actual SMP |
| The Management Association | 2.8% | 3.2% | 2.3% | 1.7% | 2.5% | 1.7% | 2.6% | 1.5% |
| WorldatWork* | 2.8% | 2.3% | 2.8% | 2.1% | 2.8% | 2.2% | ||
| Mercer* | 2.7% | 2.4% | 2.7% | 2.4% | 2.7% | 2.4% | ||
| Hewitt* | 2.7% | 2.2% | 2.7% | 2.0% | 2.6% | 1.9% | 2.7% | 1.8% |
PMS-U: Union Production, Maintenance, and Service
PMS-NU: Non-Union Production, Maintenance, and Service
CT: Non-Exempt Clerical and Technical
SMP: Exempt Supervisory, Managerial, and Professional
*national data
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The Management Association of Illinois is an employers’ association serving more than 1,000 companies and organizations in the Chicago metro area and across Illinois.
In addition to wage and salary surveys and various compliance and best-HR-practices publications, The Management Association of Illinois provides professional services in compensation administration, affirmative action planning, labor and employment law, and training for human resources and management professionals. The Association was formed in Chicago in 1898.
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