Pay for salaried workers in Atlanta has increased 2.6 percent in 2012, according to a new survey, and a bigger boost in compensation is expected in 2013.
Salaried employees here can expect an average bump in pay of 3.0 percent next year, which tracks the national average, according to the Salary Increase Survey by Aon Hewitt, a global human resources solutions business.
The survey determined that companies plan to raise salaries incrementally. Despite the projected increases next year, it is unlikely, the survey said, that salaries will reach pre-recession level salary hikes which hit 4 percent and higher.
“It is unlikely that salary increases will reach pre-recession levels of 4.0 percent or higher any time soon,” said Ken Abosch, compensation marketing, strategy and development leader at Aon Hewitt.
“Companies are more impacted by the global economy than ever before. As a result, organizations continue to be conservative with their spending, but we anticipate that attitude will remain even after the economy rights itself _ holding down spending on base pay is the new normal.”
According to the report, “Employers continue to offer variable pay, or performance-based awards that must be re-earned each year, as a primary way to drive performance and increase engagement while minimizing their fixed costs. In 2012, 90 percent of companies offered at least one variable pay program, in line with 2011.”
Nationwide, Aon Hewitt surveyed more than 1,300 companies. It found base pay increases are up 2.8 percent this year, a slight gain over last year when pay was up 2.7 percent. Salary gains have been rising since 2009 when pay increased only 1.8 percent, an all-time low.
Executive salaries have risen the most this year, up 2.9 percent in the U.S. Salaried exempt employees have seen a 2.8 percent increase and salaried non-exempt employees 2.7 percent. Non-union hourly employees have seen a 2.7 percent increase, while union employees have had a 2.5 percent gain.
Non-union hourly employees have had the biggest increase in variable pay this year.
11 comments Add your comment
Hard Working Teacher
August 15th, 2012
9:35 am
As an employee of Atlanta Public Schools I have not seen a raise in five years. The next raise MAY come in 2015 or 2016. Where is my cost of living raise? I was not involved in the cheating scandal and neither was my school. I work hard and deserve a raise…
Mother of 2 teachers
August 15th, 2012
10:18 am
Yes you do need a raise. We underpay our teachers and they have the most important job in the country. However to put it in perspective I work for a small business and have not had a raise in 5 years either.
No Raise for Me
August 15th, 2012
10:44 am
I work for a very large company with offices around the world – and live in Atlanta. I have not had a raise in 4 years and I cannot even get one due to getting a new job within the company as there is a salary freeze in effect as well. I wonder who responded to this survey – they certainly didn’t ask me! And yes, we severely under pay our teachers!
Tammy
August 15th, 2012
11:16 am
I work for a nonprofit in Atlanta and we always get raises of at least 3% per year. Y’all need to keep looking for better options.
Dogma
August 15th, 2012
11:25 am
Wow, such insight. Dumbasses.
Barney1
August 15th, 2012
1:58 pm
No raises for our company this year. Zero, nada. For those that got one, congrats! If it wasn’t for the base pay being so decent, I’d be seriously looking elsewhere.
Destin Dawg
August 15th, 2012
6:35 pm
you don’t go into Education for the $$$$.. a married couple both teachers/ Principals/ coaches…. can have a good life style..same hours… lots of days off… love those kids they keep you younger !!
Independent voter
August 15th, 2012
6:39 pm
expand your horizons.. work hard .. improve your skill set !! look for a promotion.. part time job.. don’t look for more money where you are!
Patty Tanji
August 15th, 2012
10:39 pm
Check out my site for tips on how to ask for a pay raise and get it. http://www.howtoaskforapayraiseandgetit.com Download the free report.
dekalb teacher
August 16th, 2012
2:01 am
This year I got another pay cut. Since 2008 DeKalb teachers on average have had about a 15% pay cut.
The Weekly Pulse « The Atlanta Monitor
August 18th, 2012
4:27 pm
[...] Salaried workers enjoyed a pay increase of 2.6% in Atlanta this year, according to a study. [...]