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  5. Richmond Salary Practices Survey: 2010/2011

Richmond Salary Practices Survey: 2010/2011

 
 
Each year Titan Group conducts a brief web survey of compensation and workforce planning practices by Richmond area companies. With many companies now setting plans for 2011, we ask that you answer 10 brief question about current and next year practices for your company.

This information will be summarized and reported to those who wish to receive a complimentary copy of the survey. The results will also be posted on our website www.Titanhr.com.

Your individual responses will remain confidential and anonymous.

This survey will close on September 28th.

Thank you!
 
 
1. Please select all options below that your organization has already implemented or continued in 2010 to save costs during this economic downturn:
 
Staff reduction
 
Pay cuts
 
Reduction in benefits
 
Pay freeze
 
None of the above

 
 
2. Please select all applicable options below that your organization is planning to implement or continue in 2011 to save costs during this economic downturn:
 
Staff reduction
 
Pay cuts
 
Reduction in benefits
 
Pay freeze
 
None of the above

 
 
3. Which best describes the salary policy you are planning for 2011 as compared to what was implemented in 2010:
 
We expect to increase our salary increase budget
 
We expect to decrease our salary increase budget
 
We do not expect any significant change in our salary increase budget
 
 
 
4. As you are planning for calendar year 2011, please indicate which statement best reflects your current thinking related to business planning for next year:

 
We expect to see improved business conditions
 
We expect to see worse business conditions
 
We expect 2011 to be about the same as this year
 
 
 
5. What was your actual overall total salary increase budget for 2010:
 
0.0%
 
0.5%
 
1.0%
 
1.5%
 
2.0%
 
2.5%
 
3.0%
 
3.5%
 
4.0%
 
4.5%
 
5.0%
 
5.5%
 
6.0%
 
Other
 
 
 
6. Which percentage best fits your expected total salary increase budget planned for 2011:
 
0.0%
 
0.5%
 
1.0%
 
1.5%
 
2.0%
 
2.5%
 
3.0%
 
3.5%
 
4.0%
 
4.5%
 
5.0%
 
5.5%
 
6.0%
 
Other
 
 
 
Background Information:

8. For sampling purposes, please select the option below that best describes your company size based on FTE (Full-Time Equivalent) employees?
 
0-49
 
50-99
 
100-299
 
300-499
 
500-999
 
1,000 or more employees
 
 
 
9. For sampling purposes, what type of organization listed below best describes you?
 
Private Sector
 
Public Sector (Government-Federal, State or Local)
 
Non-Profit/Tax Exempt
 
 
 
* 11. Would you like us to email you a summary of the results of the survey?
 
Yes
 
No
 
 
 
Please list below the email address to which you would like us to send a copy of the survey results:
   
 
 
 

The 2010 Greater Richmond Compensation Survey is now available:

If you did not participate in our annual salary survey of 140 distinct jobs by over 100 area companies but would like to purchase a copy, please contact Shelley Seibert at (804) 754-8330 for more information.

We are also planning for the 2011 Greater Richmond Salary Survey early next year. If you would like to participate this year, please let us know.
 
 
 
Please feel free to forward your email invitation to a colleague or friend.
Thank you again for your valuable time and feedback.
 
Please contact [email protected] if you have any questions regarding this survey.
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