In order to help clients prepare for 2011 salary increases, we conducted a free flash survey in late September and early October of 2010 to get a sense of what banks are planning for their 2011 salary budgets. The 97 banks that participated in the survey were asked if they planned to give salary increases in 2011; and if so, what percentage increase they were budgeting, and how the increase differed from their 2010 increases (greater, less or the same). In this report, we present responses broken out by three employee levels:
- Executive Employees
- Exempt Employees (Salaried)
- Non-Exempt Employees (Hourly)
To view the study results, please click here.