October 2016, Vol. 2

HR Extras

Nationwide surveys show similar projected pay increases for 2017

Base salaries for U.S. employees are expected to rise 3 percent in 2017, unchanged from actual 2016 levels, according to an annual WorldatWork survey. Job categories across the board will see similar increases in pay.
 
Employee Category Actual 2016
(Median)
Projected 2017
(Median)
Nonexempt hourly 3.0% 3.0%
Nonexempt salaried 3.0% 3.0%
Exempt salaried 3.0% 3.0%
Officers/executives 3.0% 3.0%
       
Source: WorldatWork 2016-17 Salary Budget Survey, preliminary findings. Published July 12, 2016.


ERI (Economic Research Institute) released its own preliminary 2017 projections in a recent report, finding that increases also will hold steady at 3 percent in the U.S. It would mark three consecutive years of 3 percent increases, according to the compensation data provider.

U.S. employers appear to be in wait-and-see mode according to many economic experts: despite decreasing unemployment, the national Gross Domestic Product (GDP) growth is low (0.8 percent in the first quarter of 2016). Employers may need to see more positive signs in the health of the economy before boosting pay raise budgets any higher for 2017.

Top tweets from Texas Education Human Resources Day

Texas Education Human Resources day was October 12, and districts all over the state were celebrating their HR teams. Here are some of the top tweets from the day: