Salary Increase Budgets 2009: Financial Crisis Edition
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Authors:
Corporate Authorship TCB -
Publication Date:
December 2008 -
Report Number:
A-0293-08-EA
The continuing negative economic growth forecasted well into 2009 is having an impact on compensation decisions in real-time. About a quarter of our matched case sample of companies report change in their salary budgets since the last survey in April/May 2008—with the clear trend being downward.