Benefits August 4, 2009

Pay Raises are Better in D.C.

August 4, 2009 (PLANSPONSOR.com) - Washington, D.C. tops the list of 10 U.S. major metro areas for getting a raise in 2009, with a planned salary increase of 2.3% for middle performers, according to WorldatWork.
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A press release said Tampa and Boston rank 2nd and 3rd on the WorldatWork list – both awarding average 2.2% salary increases for middle performers. However, workers are more likely to get a raise in Tampa, as nearly eight in ten employers planned raises in 2009, compared to 77% of employers in D.C. and Boston.

Below is the top 10 list according to WorldatWork.

Area

Avg raise %

% of firms giving raises

Washington, D.C.

2.3%

77%

Tampa

2.2

79

Boston

2.2

77

Philadelphia

2.1

77

Denver

2.1

76

Chicago

2.1

76

Cincinnati

2.1

75

Dallas

2.1

75

New York

2.1

75

Baltimore

2.1

75

The list is based on the results of the annual WorldatWork Salary Budget Survey. The survey for 2009/2010 can be pre-ordered here .

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