State:
September 02, 2010
Not-For-Profit Pay Increase Budgets, Survey Reports
Not-for-profit organizations’ pay increase budgets have continued to decline over the past year, according to a recent survey. The 2010 Compensation Data Not-For-Profit survey results show pay increase budgets have dropped from 2.4 percent in 2009 to 1.7 percent in 2010. However, the survey predicts pay increases will slightly rise in 2011 to 1.8 percent.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

According to the survey, pay increase budgets varied by industry:

Industry Pay Increase Budgets (2010)
Associations
2.3%
Libraries
2.1%
Churches/religious organizations
1.5%
Colleges/universities
1.3 %
Government entities
1.2%

In addition, the survey found that associations are expected to maintain the highest pay increase budget in 2011 at 2.5 percent, while government entities are expected to remain with the lowest pay increase budget, dropping to less than 1 percent.

The survey results also ranked pay increase budgets for not-for-profit organizations by region:

Region Pay Increase Budgets (2010)
Northeast
1.9%
South Central
1.9%
Midwest
1.8%
West
1.8%
Southeast
1.2%

In 2011, South Central is expected to have the highest pay increase budget at 2.1 percent.

BLR recently conducted a similar survey, 2011 Pay Budget Survey, and compiled data on planned merit increases and actual pay increases in 2010. Read the article, Planned Merit Increases Nearly 2%, Economy Still Affecting Trends, for more information.

Source:

Compdata Surveys

Featured Free Resource:
Cost Per Hire Calculator
HCMPWS1
Copyright © 2024 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on https://Compensation.BLR.com
Document URL: https://compensation.blr.com/Compensation-news/Compensation/Compensation-Administration/Not-For-Profit-Pay-Increase-Budgets-Survey-Reports