Wages

Hawaii Pay Increases Lag Behind Mainland, More Jobs Not Getting Raises

Empyting Piggy Bank

HEC’s recently completed 2009 Salary Adjustment Survey shows that Hawaii employers are providing lower pay increases compared to the Mainland, and that there is a significant rise in the number of job groups who will see no pay raise in either 2009 or 2010 due to the economic downturn.

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Pay Raises to Rebound in 2010, According to Watson Wyatt

Pay raises for U.S. workers are expected to rebound in 2010, following a year in which many companies slashed raises in the wake of the recession, says a newly completed Watson Wyatt survey.

Companies are projecting median merit increases of 3.0 percent for 2010, according to the Watson Wyatt 2009/2010 U.S. Read more

Hawaii Supreme Court Asked to Rule on Servers’ Standing

Hawaii State Supreme Court

Federal Court Judge Helen Gillmor has asked the Hawaii Supreme Court to rule on whether food and beverage servers have standing to sue their employer for violation of a state law requiring hotels and restaurants to disclose to customers if service charges are being used to pay for costs or Read more

HEC Finds Marked Increase in Hawaii Companies Reporting Lowered Pay Raises for 2009

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There is a substantial increase in the number of Hawaii companies reporting that they are changing their budgeted pay projections for 2009, according to HEC’s continuing survey follow- up of salary adjustment information first reported in our 2008 Salary Adjustment Survey.

The 2008 Salary Adjustment S Read more

U.S. Companies to Make Deeper Pay Cuts

A recent Towers Perrin survey shows that the vast majority of U.S. Read more

Private Sector Compensation Costs Average $27.07 Per Hour in Sept. 2008

Paid Stamp In September 2008, private industry employer compensation costs averaged $27.07 per hour worked, reports the Bureau of Labor Statistics.
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U.S. CEO Pay Being Adjusted for Performance, Watson Wyatt Finds

For the first time in years, U.S. executives at companies that performed well were granted larger pay opportunities than their counterparts at weaker companies according to Watson Wyatt, a global consulting firm.
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HEC Finds 35 Percent of Companies Changing Salary Increase Plans Due to Economy

Over one-third of the participants in HEC’s 2008 Salary Adjustment Survey have revised their salary budget projections for 2009, according to a recently completed follow-up survey.
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Non-Profit Employees Earn More, But Managers Earn Less, BLS Reports

Overall, full-time workers had higher hourly wages in nonprofits than in private industry as a whole, but lower hourly wages than in state and local government, says a new report from the Bureau of Labor Statistics.
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Companies Revising Pay and Bonuses for 2008-09 Due to Economy, Hewitt Finds

small pile of money Many employers will be handing out smaller-than-expected pay raises and bonuses to employees in 2009, and a significant number of employees can expect to see reduced bonus payouts in 2008 as well, according to ( Categories : Economy | Wages )

Managers Average Three Times Pay of Service Workers

Among five major occupational groups, average hourly earnings in private industry ranged from $10.06 for service workers to $32.96 for management, professional, and related employees in July 2007, according to the Bureau of Labor Statistics National Compensation Survey. Read more

Hawaii Salary Increases Lag Mainland

money pile Pay adjustments in Hawaii will be lower than the mainland in 2008 and projected for 2009, according to HEC’s 2008 Salary Adjustment Survey. Median increases in Hawaii average 3.5 percent in 2008, and are projected to be 3.8 percent in 2009. Read more

U.S. Employers Keeping Salary Increases Slightly Below 4 Percent 2008-2009, Conference Board Reports

Salary increase budgets average 3.8 percent in 2008 across non-exempt, exempt, and executive employee categories, while salary increase budgets for non-exempt hourly employees are at 3.7 percent, according to The Conference Board.
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Federal Minimum Wage Increases to $6.55 July 24

Adding Machine The federal minimum wage is set to catch up to Hawaii’s minimum wage of $7.25 per hour on July 1, 2009. In the interim, those few Hawaii employers who are not subject to the state minimum wage law must pay the increased federal minimum of $6.55 per hour (from $5.85) on July 24, 2008. Read more

Lots of Employment in Low Wage Jobs

Food Svc Wkrs Combined food preparation and serving workers were among the lowest paying occupations in 2007, but were among the occupations with the highest U.S. employment in 2007, the U.S. Bureau of Labor Statistics reports. Read more