The average planned merit increase for next year is 2.07 percent, up from 1.98 percent last year, according to BLR's 2012 Pay Budget Survey.
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The survey also collected data on planned and actual general increases. According to the 2012 survey, the average planned general increase for next year is 1.35% compared with 1.18% given in 2011. The actual general increases for 2011 were 1.29%, which exceeded expectations.
The survey report compares and analyzes results several ways, including:
- Job Level and Region
- Company Size
- Industry
A total of 1,637 organizations participated in the survey. BLR conducted the survey in June 2011.
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