http://www.hrmorning.com/what-hr-managers-said-the-5-year-outlook/ Your daily dose of HR Thu, 18 Mar 2010 13:43:13 -0400 http://wordpress.org/?v=abc hourly 1 http://www.hrmorning.com/what-hr-managers-said-the-5-year-outlook/comment-page-1/#comment-17164 Jim Tue, 07 Jul 2009 12:55:49 +0000 http://www.hrmorning.com/?p=2436#comment-17164 We paid our accured bonuses this year but froze increases under the assumption that in a financial meltdown with layoffs and businesses collapsing, and deflation, it would be difficult to calculate where salaries would settle once the economy recovered. Didn't want to increase permanent labor costs until we knew where the compensation "market" would settle at. We did not freeze 401k matches since they are long-term savings plans - the meltdown is a short-term event. Would expect, provided the economy turns, we'll be able to look at increases in early 2019. We paid our accured bonuses this year but froze increases under the assumption that in a financial meltdown with layoffs and businesses collapsing, and deflation, it would be difficult to calculate where salaries would settle once the economy recovered. Didn’t want to increase permanent labor costs until we knew where the compensation “market” would settle at. We did not freeze 401k matches since they are long-term savings plans – the meltdown is a short-term event. Would expect, provided the economy turns, we’ll be able to look at increases in early 2019.

]]> http://www.hrmorning.com/what-hr-managers-said-the-5-year-outlook/comment-page-1/#comment-17003 Tere Bettis Mon, 06 Jul 2009 15:00:07 +0000 http://www.hrmorning.com/?p=2436#comment-17003 Our bank actually provided salary increases (3% average) at the beginning of 2009 and have not cut our 401(k) match. The bank is on par with 2008 resutls when and adjusted for the additional FDIC premium. Our bank actually provided salary increases (3% average) at the beginning of 2009 and have not cut our 401(k) match. The bank is on par with 2008 resutls when and adjusted for the additional FDIC premium.

]]> http://www.hrmorning.com/what-hr-managers-said-the-5-year-outlook/comment-page-1/#comment-16475 Stacy Wingerter Mon, 29 Jun 2009 15:17:03 +0000 http://www.hrmorning.com/?p=2436#comment-16475 Very encouraging news. Other HR professionals that I have spoken to have indicated that their companies will consider salary increases for 2010. Very encouraging news. Other HR professionals that I have spoken to have indicated that their companies will consider salary increases for 2010.

]]> http://www.hrmorning.com/what-hr-managers-said-the-5-year-outlook/comment-page-1/#comment-16408 Mark Ste. Marie Sun, 28 Jun 2009 20:50:04 +0000 http://www.hrmorning.com/?p=2436#comment-16408 Good article. Sobering assessment. Based on feedback from many clients it's right on the mark. Good article. Sobering assessment. Based on feedback from many clients it’s right on the mark.

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