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2010 US Market Pulse
April 2010
Guy Carpenter and Oliver Wyman
Mercer LLC
Welcome to Mercer’s first edition of the 2010 Market Pulse report. It is designed to provide you with early indicators
of market movement within the 2010 US Mercer Benchmark Database. The analyses are based on preliminary data
from 288 organizations, across a wide range of industries. These organizations participated in both the 2009 and 2010
surveys, allowing a close comparison of trends emerging in the year-over-year data.
Executive Summary
- Base salary changes across all jobs are significantly lower than in prior years, with the median change in
base salary at 1.6%. These figures, which are lower than they have been in prior years, likely reflect many
different compensation actions taken by organizations in the past year. For example, jobs examined in this
early “market pulse” are exhibiting overall base salary changes ranging from a decline of 0.9% to increases of
3.9%. This reflects a combination of actions from salary roll-backs and freezes to modest salary increases in
some industries and/or job families.
- Mercer’s 2009/2010 US Compensation Planning Survey Update was conducted in November 2009 and median
base pay increases for 2010 were projected to be 2.6% (including salary freezes). The preliminary data used
in this Market Pulse report suggests organizations were even more conservative than they expected to be in
November 2009.
- Overall, median annual total cash compensation changes stand at 1.5%, ranging from declines of 2.3% to
increases of 5.4%.
Read the full article
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Comp Doctor Archive
The
results of the US Mercer Benchmark Database will be available in late summer. For questions or feedback on this
Market Pulse, please write to surveys@mercer.com. To learn more about Mercer products and services, please
visit www.imercer.com.
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