Published in Worldatwork - February 2011

Salary Structure Change and Compensation Increase Budgets

By Ken Cardinal

The level of detailed information provided by WorldatWork’s annual Salary Budget Survey lends itself to a broad array of analyses – especially when users fully understand how to approach the data. In particular, the recent recession and the ongoing economic recovery have prompted important new compensation program needs and opportunities.

This WorldatWork white paper, authored by PM&P Managing Director Ken Cardinal, provides an in-depth look at how to get the most from this comprehensive data. Overall, it takes the approach that surveys deliver the most value when the data is used to promote each organization’s particular culture and strategies. Along with examining some of the less obvious nuances of the data, Cardinal discusses common terms; the relationship between salary budget increases and salary structure adjustments; and employee pay within a salary range.