Wednesday, January 12, 2011

What's up with salaries?

Since 2006, The Payscale Index has been reviewing wage trends for full-time, private-sector employees in 20 metro areas, 15 industries and three sizes of companies.  Some highlights of the Q4 reports include:

- Wages at small companies with less than 99 employees declined a full percentage point when comparing 4th quarter of 2009 to the same period in 2010.

-Quarter 4 of 2010 saw the lowest wages for construction workers in over 3 years.

Overall the index shows that wages in 2010 were flat. 

With the economy as it is, even though companies have billions sitting on the sidelines, many workers might be looking at another year with no increase in salary.  If no pay raise is in store for you this year, but you still want to show career progress think about these 3 suggestions I made a while back.  No Pay Raise? What Else Could You Ask For?

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