Pay increase informationQuestion What are information sources for pay increases?
Answer Salary increase information surveys are often conducted by area chambers of commerce, professional or industry associations, compensation consulting firms, or certain government agencies. Also various sites on the Internet offer information about salary adjustment surveys.
The U.S. Department of Labor Bureau of Labor Statistics publishes various data on wages, wage adjustments, hours, and occupational earnings. The data provides breakouts by geographic areas, industries, metropolitan areas, and time period over the past several years. Another source of pay adjustment information is to watch for news articles in publications that report business news. These publications often report highlights of pay adjustment surveys or other news about trends in pay, benefits and employee compensation.
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