WorldatWork 2015-2016 Salary Budget Survey€¦ · After you have logged in, select the “2015-2016 Salary Budget Survey” subscription. After reviewing and accepting the terms

executive report & analysis

2015 2016

base salary nonexemptincreasecompensation

salary structures

merit increase officers

global projectedbonus

variable pay philosophy

increasesperformance

frequencypromotional o

Drop shadow to be added to this shape on all versions. Multiply:75%distance: 0.06 size: 0.05Spread: 0%Noise: 0%

42ND ANNUAL2015 201642ND ANNUAL

executive report & analysis

base salary nonexemptincreasecompensation

salary structures

merit increase officers

global projectedbonus

variable pay philosophy

increasesperformance

frequencypromotional

14040 N. Northsight Blvd. Scottsdale, AZ 85260-3601 USA Phone: 480-951-9191 Toll free: 877-951-9191 Fax: 480-483-8352

©2015 WorldatWork

ISBN 978-1-57963-371-4 (Paperback/soft) 978-1-57963-372-1 (E-book)

Global HeadquartersAbout WorldatWork® The Total Rewards Association:

WorldatWork (www.worldatwork.org) is a nonprofit human resources association for professionals and organizations focused on compensation, benefits, work-life effectiveness and total rewards. It’s our mission to help total rewards professionals achieve their career goals and influence their organization’s success. We do so by providing thought leadership in total rewards disciplines from the world’s most respected experts and a community of fellow practitioners.

WorldatWork and its affiliates provide comprehensive education, certification, research, advocacy and community, enhancing careers of professionals and, ultimately, achieving better results for the organizations they serve. WorldatWork has more than 70,000 members and subscribers worldwide; 95 percent of Fortune 500 companies employ a WorldatWork member.

Founded in 1955, WorldatWork is affiliated with more than 70 local human resources associations and has offices in Scottsdale, Ariz., and Washington, D.C. Learn more about our history by visiting our 50th Anniversary website that was built to celebrate our golden anniversary in 2005.

WorldatWork Society of Certified Professionals® is the certifying body for eight pres-tigious designations: the Certified Compensation Professional® (CCP®), Advanced Certified Compensation Professional (ACCP)™, Master Certified Compensation Professional (MCCP)™, Certified Benefits Professional® (CBP), Global Remuneration Professional (GRP®), Work-Life Certified Professional® (WLCP®), Certified Sales Compensation Professional (CSCP)™ and Certified Executive Compensation Professional (CECP)™. The WorldatWork group of registered marks also includes: Alliance for Work-Life Progress or AWLP, workspan and WorldatWork Journal.

Project ManagerKathryn Cohen, CCP, CBP, GRP, WLCP

AuthorsLindsay Strack Alison Avalos, CCP, CBP, GRP

Data AnalysisTonya Adamski

Content AdvisersKerry Chou, CCP, CBP, GRP, CECP, CSCP Sue Holloway, CCP, CECP Rose Stanley, CCP, CBP, WLCP, CEBS Leonard Sanicola, CCP, CBP, GRP, CEBS, SPHR, SHRM-SCP

EditorJim Fickess

Art DirectorJamie Hernandez

Manager, Creative ServicesAngela Miller

Senior Graphic DesignersKris Sotelo Hanna Norris

Table of Contents 6 Introduction: Structure of

the Salary Budget Survey

6 Confidentiality Statement

7 Methodology

8 Demographics

11 Industry Demographics

15 Executive Summary: United States

43 Executive Summary: Canada

53 Executive Summary: Global

72 Participant Listing

96 Survey Definitions

97 Questionnaires

Visit the “Online Reporting Tool” for More Detailed Information

4 © 2015 WorldatWork. All rights reserved. Permission is required to republish in any form.

DemographicsFIGURE A Total Number of Responses 8

FIGURE B U.S. Responses, by Region 8

FIGURE C Canadian Responses, by Province 8

FIGURE D U.S. Responses, by State 9

FIGURE E U.S. Responses, by Major Metropolitan Area 9

FIGURE F Canadian Responses, by Major Metropolitan Area 9

FIGURE G U.S. Responses, by Organization Size 10

FIGURE H Canadian Responses, by Organization Size 10

FIGURE I U.S. Responses, by 2014 Revenue 10

FIGURE J Canadian Responses, by 2014 Revenue 10

FIGURE K U.S. Responses, by Industry Classifications 11

FIGURE L Canadian Responses, by Industry Classifications 12

United States

Salary Budget IncreasesFIGURE 1 Salary Budget Increases, by Type of Increase 20

FIGURE 2 Total Salary Budget Increases, by Employee Category 20

FIGURE 3 Number of Months Between Increases 21

FIGURE 4 Distribution of Total Salary Budget Increase Responses, Actual 2014 vs. Actual 2015 21

FIGURE 4A 6-Year Change in Distribution of Actual, Total Salary Budget Increase Responses 21

FIGURE 5 Salary Budget Increase Trends 22

FIGURE 6 Total Salary Budget Increases, by Region and Employee Category 23

FIGURE 7 Total Salary Budget Increases, by State 24

FIGURE 8 Total Salary Budget Increases, by Major Metropolitan Area 25

FIGURE 9 Total Salary Budget Increases, by Major Industry Grouping 26

FIGURE 10 Total Salary Budget Increases, by Organization Size 27

FIGURE 11 Total Salary Budget Increases, by Revenue 27

Promotional IncreasesFIGURE 12 Impact of Promotional Increases

on Salary Budgets 28

FIGURE 12A Promotional Increase Funding When Promotional Increases Are Not Budgeted 28

FIGURE 12B Promotional Increase Budget Practices 28

FIGURE 13 Salary Budget Increases, Promotional Increase Budget Practices 29

FIGURE 14 Promotional Increases 29

FIGURE 14A Change in Planned Spending on Promotional Increases 29

Percent of Employees Receiving a Base Salary IncreaseFIGURE 15 Percent of Employees Receiving a Base

Salary Increase in 2015, by Employee Category 30

FIGURE 16 Percent of Employees Receiving a Base Salary Increase in 2015, by Employee Category and Region 30

Merit Increase AwardsFIGURE 17 Merit Increases Awarded,

by Performance Category 30

FIGURE 17A Five-Year History of Merit Increase Differentiation 31

FIGURE 17B Relationship Between the Number of Employees Rated as High Performers and the Size of Merit Increases Awarded to High Performers 31

Compensation PhilosophyFIGURE 18 Base Pay Market Comparison Target,

by Employee Category 31

Lump-Sum AwardsFIGURE 19 Lump-Sum Awards, by Employee Category 32

Salary Structure AdjustmentsFIGURE 20 Salary Structure Increases,


FIGURE 20A Actual 2015 Salary Structure Increase Data, Most Common Responses 33

FIGURE 20B Projected 2016 Salary Structure Increase Data, Most Common Responses 33

FIGURE 21 Organizations Reporting No Salary Structure Increase (0%), by Employee Category 33

FIGURE 22 Number of Months Since Last Increase if No Increase Was Reported (0% or Blank) and Most Common Responses 34

FIGURE 23 Salary Structure Trends 34

FIGURE 24 Salary Structure Increases, by Region and Employee Category 35

FIGURE 25 10-Year Perspective: Salary Budget and Structure Increases 36

Variable PayFIGURE 26 Use of Variable Pay 38

FIGURE 27 Types of Variable Pay Programs 38

FIGURE 28 Impact of Variable Pay on Base Salary Budget Recommendations 38

FIGURE 29 Variable Pay Programs, 2014-2016 39

FIGURE 30 2014-2016 Variable Pay Programs, by Region 39

Compensation Program PrevalenceFIGURE 31 Compensation Programs Used

In Past 12 Months 41

T A B L E O F F I G U R E S

WorldatWork 2015-2016 Salary Budget Survey | www.worldatwork.org/salarybudgetsurvey 5

Canada

Salary Budget IncreasesFIGURE C1 Salary Budget Increases, by Type of Increase 45

FIGURE C2 Total Salary Budget Increases, by Employee Category 45

FIGURE C3 Number of Months Between Increases 46

FIGURE C4 Distribution of Total Salary Budget Increase Responses, Actual 2014 vs. Actual 2015 46

FIGURE C5 Salary Budget Trends 47

FIGURE C6 10-Year Perspective: Salary Budget Increases and CPI 48

FIGURE C7 Total Salary Budget Increases, by Province 49

FIGURE C8 Total Salary Budget Increases, by Major Metropolitan Area 49

FIGURE C9 Total Salary Budget Increases, by Major Industry Grouping 50

FIGURE C10 Total Salary Budget Increases, by Organization Size 50

FIGURE C11 Total Salary Budget Increases, by Revenue 51

Salary Structure AdjustmentsFIGURE C12 Salary Structure Increases,


FIGURE C13 Number of Months Since Last Salary Structure Increase if No Increase Was Reported (0% or Blank) 51

Global

Salary Budget IncreasesFIGURE G1 Number of 2015 Salary Budget Increase

Responses, by Country 58

FIGURE G1A Salary Budget Increases, by Type of Increase (zeros included) 58

FIGURE G1B Salary Budget Increases, by Type of Increase (zeros NOT included) 60

FIGURE G2 2015 Total Salary Budget Increase Responses, by Employee Category 62

FIGURE G2A Total Salary Budget Increases, by Employee Category (zeros included) 63

FIGURE G2B Total Salary Budget Increases, by Employee Category (zeros NOT included) 65

FIGURE G3 Number of Months Between Increases 68

FIGURE G4 International Merit Increases & Inflation 69

T A B L E O F F I G U R E S


The “WorldatWork 2015-2016 Salary Budget Survey” consists

of two components: this “Executive Report & Analysis” and

the customizable “Online Reporting Tool.” The “Executive

Report & Analysis” includes an executive summary and data

highlights for the United States, Canada and 17 other coun-

tries. A list of participating organizations, definitions of terms

in the survey and a copy of the complete questionnaire also

are printed in this book.

More detailed U.S. and Canadian results from the salary

budget survey are available through the “Online Reporting

Tool” for no additional charge, giving users the ability to

customize reports by geographic region, industry, state and

other ways that are relevant to organizations. Users may

run an unlimited number of reports during the subscription

period, as well as save or print the reports.

The “Executive Report & Analysis” includes folders to

organize and store these reports, effectively keeping all data

together in one package.

Get Started NowGo to http://www.worldatwork.org/salarybudgetsurvey and log

in with your eight-digit identification number and password. If

you do not know your login information, you may:

❚❚ Click “Get” under “Password.”

❚❚ Look on the mailing panel of any WorldatWork catalog,

periodical, invoice or receipt.

❚❚ Contact WorldatWork Customer Relationship Services

by calling 877-951-9191 or 480-922-2020, or emailing

[email protected].

After you have logged in, select the “2015-2016 Salary

Budget Survey” subscription. After reviewing and accepting

the terms and conditions, you will be redirected to the

“Online Reporting Tool.”

❚❚ Choose the type(s) of data to be included in the report

(e.g., salary budget increases, salary structure adjust-

ments, promotions and/or variable pay).

❚❚ Choose one statistical method of calculation. Separate

reports need to be run to compare various statistics

(e.g., mean/average, median/50th percentile, 25th percen-

tile or 75th percentile).

❚❚ Choose the layers that define the demographic slice of data

(e.g., country, industry, number of employees, revenue).

❚❚ Select the regions, states, provinces and/or major metro-

politan areas of interest.

❚❚ Click “Generate Report.”

If the report meets your needs, click “print to PDF” in the

top right-hand corner to save or print. To look at different or

additional data, repeat the steps as needed.

Though users have access to unlimited customized online

reports, the “Online Reporting Tool” is subscription-based.

Remember to run and download/print any reports that may

be needed prior to the subscription’s expiration.

C O N F I D E N T I A L I T Y S T A T E M E N T

To ensure the anonymity and protection of participating

organizations, WorldatWork does not publish or other-

wise make available data points in which fewer than five

survey participants responded. In addition, the data are

not presented in a way, nor are they intended, to provide

a competitive advantage for any participating organization.

Although WorldatWork believes participant responses

to the survey are honest and complete, the data presented

in this report are provided without warranty of any kind for

accuracy, omission, completion or timeliness.

Except for the purposes intended by this publication,

participants and purchasers of the salary budget survey

may not reproduce, display, rent, lend, resell, commercially

exploit, adapt or redistribute the data contained herein without

the permission of WorldatWork.

The data presented in this report were collected in April

2015 for publication in August 2015, a three-month duration

between data collection and publication.

I N T R O D U C T I O N : S T R U C T U R E O F T H E S A L A R Y B U D G E T S U R V E Y


M E T H O D O L O G Y

On March 30, 2015, all WorldatWork members were invited

to participate in the “WorldatWork 2015-2016 Salary

Budget Survey” through direct email, e-newsletters and the

WorldatWork website. Members were asked to respond for the

United States (U.S.), Canada and 17 other countries: Australia,

Belgium, Brazil, China, France, Germany, India, Italy, Japan,

Mexico, Netherlands, Russia, Singapore, Spain, Sweden,

Switzerland and the United Kingdom (UK). Respondents were

asked to respond for any of these countries in which they

have operations. When the survey officially closed on May 8,

2015, 5,583 responses had been received. If an organization

reported fewer than 10 employees in a specific country, the

response for that country was removed from the data set.

Also, duplicate submissions for the same country within the

same organization were eliminated from the data set. The

final data contain 4,849 responses, covering nearly 15 million

employees worldwide. Each country was analyzed separately

by statistical software, and a full list of organizations that

responded to the survey can be found on page 72.

Data for all countries are broken down by type of increase

and employee category. Additional breakdowns are available

for U.S. and Canada. Due to small sample size, only high-level

data are reported for countries outside the U.S. and Canada.

U.S. data are broken into four employment catego-

ries, with exemption status as defined by the Fair Labor

Standards Act of 1938 (FLSA):

❚❚ Nonexempt hourly nonunion

❚❚ Nonexempt salaried

❚❚ Exempt salaried

❚❚ Officers/executives.

All non-U.S. data are broken into four employment categories:

❚❚ Nonmanagement hourly nonunion

❚❚ Nonmanagement salaried

❚❚ Management salaried

❚❚ Officers/executives.

Survey instructions and post-survey data cleaning and

verification help ensure accurate recording of a “zero-per-

cent” response versus a response that has been left blank.

A response of zero percent to any given question was inter-

preted (and verified when possible) as a conscious decision

on the part of the organization to not budget for an increase

that typically was given. Survey instructions specifically

ask respondents to leave a questionnaire item blank if the

organization either does not have that plan item, or does not

typically budget or pay out for that item based on the plan.

Thus, a zero-percent response reflects a decision to specif-

ically not budget funds for the period in question. Due to

feedback from survey users, this report includes total salary

budget increases by employee category with and without

zero-percent responses for each country, as indicated in

Figures 2 (page 20), C2 (page 45-46), and G2B (page 65-67).

Not all organizations provide every type of base pay

increase, and not every organization reports data for every

employee category. In findings for which a composite number

of all types of increases or all employee categories are

presented, the n’s equate to the total number of responses.

This may include multiple responses from each respondent if

the respondent is reporting for more than one type of increase

or employee category.

The frequencies or response distributions listed in the

report show the number of times or percent of times a value

appears in a data set. Due to rounding, frequencies of data

responses provided in this survey may not total 100 percent.


D E M O G R A P H I C S

FIGURE A Total Number of Responses

2013-2014 2014-2015 2015-2016

U.S. 2,124 2,043 2,025

Canada 438 406 428

United Kingdom 214 242 281

China 190 196 212

Germany 167 175 178

India 149 171 178

Australia 150 163 169

France 145 158 167

Mexico 143 159 159

Singapore 139 153 146

Brazil 126 144 136

Italy 113 123 123

Netherlands 122 128 123

Japan 117 134 113

Spain 108 119 108

Belgium 86 87 96

Sweden * * 75

Switzerland 89 94 73

Russia * * 59

Total 4,620 4,695 4,849

* Question was not an option in the survey questionnaire

FIGURE C Canadian Responses, by Province FIGURE B U.S. Responses, by Region

Central 1,203

Eastern 1,175

Southern 1,134

Western 1,108

Note: The combined responses in Figures B and C add to greater than the total U.S. and Canadian responses. Some participants answered for mul-tiple regions or nationally; thus, their responses reflect multiple regions.

Ontario 340

Quebec 195

British Columbia 192

Alberta 191

Manitoba 101

Saskatchewan 94

Nova Scotia 76

New Brunswick 60

Newfoundland 51

Prince Edward Island 33

Northwest Territories 26

Yukon 17

Nunavut 10



FIGURE D U.S. Responses, by State

California 694

Texas 664

Illinois 580

New York 542

Florida 520

Pennsylvania 517

Ohio 497

Georgia 485

Massachusetts 471

New Jersey 465

Colorado 455

Virginia 446

Minnesota 438

North Carolina 425

Arizona 420

Washington 419

Michigan 404

Indiana 399

Tennessee 396

Maryland 394

Wisconsin 386

Missouri 384

Connecticut 362

Alabama 351

South Carolina 344

Kansas 343

Oregon 341

Louisiana 340

Utah 336

Kentucky 331

Oklahoma 326

Iowa 311

Nevada 301

Nebraska 298

Mississippi 292

Arkansas 287

New Mexico 278

New Hampshire 276

West Virginia 265

Maine 261

Idaho 259

Delaware 254

Rhode Island 252

North Dakota 238

Montana 230

Wyoming 229

Vermont 221

South Dakota 220

Hawaii 219

Alaska 191

FIGURE E U.S. Responses, by Major Metropolitan Area

Washington D.C. 381

Chicago 224

Los Angeles 204

Houston 190

San Francisco 183

Atlanta 180

Dallas 179

Denver 162

New York 161

Minneapolis 144

Phoenix 142

Boston 137

San Diego 131

Philadelphia 120

Seattle 109

San Jose 108

Tampa 102

Pittsburgh 99

Miami 96

Cincinnati 94

St. Louis 87

Baltimore 85

Portland 85

Cleveland 84

Detroit 77

FIGURE F Canadian Responses, by Major Metropolitan Area

Toronto 190

Calgary 125

Montreal 115

Vancouver 102

Edmonton 95

Ottawa 86

Winnipeg 57

Quebec 55

Hamilton 45



FIGURE G U.S. Responses, by Organization Size

1-499 255 13%

500-2,499 577 28%

2,500-9,999 633 31%

10,000-19,999 246 12%

20,000+ 314 16%

FIGURE H Canadian Responses, by Organization Size

1-499 27 6%

500-2,499 81 19%

2,500-9,999 160 37%

10,000-19,999 59 14%

20,000+ 101 24%

FIGURE I U.S. Responses, by 2014 Revenue

Up to $30 million 134 7%

More than $30 million to $100 million 101 5%



More than $600 million to $1 billion 207 11%

More than $1 billion to $3 billion 466 24%




More than $10 billion 261 13%

FIGURE J Canadian Responses, by 2014 Revenue (Reported in U.S. Dollars)

Up to $30 million 16 4%




More than $600 million to $1 billion 26 6%





More than $10 billion 77 18%


I N D U S T R Y D E M O G R A P H I C S

Industry data for both the United States and Canada are

based on participant self-reported codes using the North

American Industry Classification System (NAICS). The two-

and three-digit codes selected for use with the 2015-2016

data set are presented in Figures K and L for the United

States and Canada, respectively. Full definitions for these

industry categories can be found at the NAICS website

(www.census.gov/eos/www/naics). All major industry codes

(two-digit) were used regardless of total sample size, and

some industry subsets (three-digit) were broken out because

of sufficiently large sample size.

The one exception to the NAICS codes is Telecom mu-

nications (code 517), which resides as a subset of Information

(code 51) in the NAICS. Due to the large sample size (n=38

United States and n=14 Canada) and for ease of reader use,

Telecommunications was placed into its own category for

the 2015-2016 report.

The main industry categories report data for all respon-

dents within the category, regardless of whether they are

reported in a subcategory. Therefore, the sum of all subcate-

gories may not equal the main industry category’s sample size.

FIGURE K U.S. Responses, by Industry Classifications

NAICS Industry Frequency Percent of Respondents

72 Accommodation and Food Services 30 1.5%

56Administrative and Support and Waste Management and Remediation Services

33 1.6%

11 Agriculture, Forestry, Fishing and Hunting 9 0.4%

71 Arts, Entertainment, and Recreation 19 0.9%

23 Construction 25 1.2%

61 Educational Services 86 4.2%

52 Finance and Insurance 298 14.7%

521 Monetary Authorities - Central Bank 32 1.6%

522 Credit Intermediation and Related Activities 47 2.3%

525 Funds, Trusts and Other Financial Vehicles 22 1.1%

524 Insurance Carriers and Related Activities 160 7.9%

523 Securities, Commodity Contracts and Other Financial Investments 37 1.8%

62 Health Care and Social Assistance 192 9.5%

622 Hospitals 152 7.5%

621, 623, 624Ambulatory Health Care, Nursing and Residential Care and Social Assistance

40 2.0%

51 Information 92 4.5%

518 Data Processing, Hosting and Related Services 16 0.8%

511 Publishing Industries (except Internet) 12 0.6%

512, 515, 519Motion Picture, Sound Recording, Broadcasting (except Internet) and Other Information Services

64 3.2%

55 Management of Companies and Enterprises 10 0.5%

(Continued on page 12)



31 Manufacturing 468 23.1%

325 Chemical Manufacturing 85 4.2%

334 Computer and Electronic Product Manufacturing 52 2.6%

335 Electrical Equipment, Appliance and Component Manufacturing 20 1.0%

311, 312 Food, Beverage and Tobacco Product Manufacturing 57 2.8%

333 Machinery Manufacturing 29 1.4%

331, 332 Metal Manufacturing 27 1.3%

322, 323 Paper Manufacturing, Printing and Related Support Activities 24 1.2%

326 Plastics and Rubber Products Manufacturing 12 0.6%

313, 314, 315, 316

Textile Mills, Apparel, Leather and Allied Product Manufacturing 10 5.0%

336 Transportation Equipment Manufacturing 24 1.2%

321, 324, 327, 337, 339

Wood, Petroleum, Furniture and Nonmetallic Mineral Products and Other Miscellaneous Manufacturing

128 6.3%

21 Mining, Quarrying, and Oil and Gas Extraction 59 2.9%

54 Professional, Scientific, and Technical Services (includes Consulting) 214 10.6%

92 Public Administration 64 3.2%

53 Real Estate, Rental and Leasing 32 1.6%

44 Retail Trade 102 5.0%

517 Telecommunications 38 1.9%

48 Transportation and Warehousing 64 3.2%

481 Air Transportation 10 0.5%

482-493 All Other Transportation 54 2.7%

22 Utilities 103 5.1%

42 Wholesale Trade 46 2.3%

81 Other Services (except Public Administration) 41 2.0%

813 Religious, Grantmaking, Civic, Professional and Similar Organizations 37 1.8%

FIGURE K U.S. Responses, by Industry Classifications (continued)

FIGURE L Canadian Responses, by Industry Classifications


72 Accommodation and Food Services 5 1.2%

56Administrative and Support and Waste Management and Remediation Services

3 0.7%

11 Agriculture, Forestry, Fishing and Hunting 3 0.7%

71 Arts, Entertainment & Recreation 1 0.2%

23 Construction 8 1.9%

61 Educational Services 4 0.9%



FIGURE L Canadian Responses, by Industry Classifications (continued)


52 Finance and Insurance 38 8.9%

522 Credit Intermediation and Related Activities 8 1.9%

524 Insurance Carriers and Related Activities 16 3.7%

525 Funds, Trusts and Other Financial Vehicles 2 0.5%

523 Securities, Commodity Contracts and Other Financial Investments 6 1.4%

62 Health Care and Social Assistance 3 0.7%

622 Hospitals 1 0.2%

51 Information 31 7.2%

511 Publishing Industries (except Internet) 6 1.4%

512, 515, 519 Motion Picture, Sound Recording, Broadcasting (except Internet) and Other Information Services

20 4.7%

31 Manufacturing 157 36.7%

325 Chemical Manufacturing 29 6.8%

334 Computer and Electronic Product Manufacturing 19 4.4%

335 Electrical Equipment, Appliance and Component Manufacturing 7 1.6%

311, 312 Food, Beverage and Tobacco Product Manufacturing 14 3.3%

333 Machinery Manufacturing 11 2.6%

331, 332 Metal Manufacturing 6 1.4%

322, 323 Paper Manufacturing, Printing and Related Support Activities 46 10.7%

313314315316 Textile, Apparel, Leather & Allied Product Manufacturing 8 1.9%

336 Transportation Equipment Manufacturing 8 1.9%

321, 324, 327, 337, 339

Wood, Petroleum, Furniture and Nonmetallic Mineral Products & Other Miscellaneous Manufacturing

8 1.9%

21 Mining, Quarrying, and Oil and Gas Extraction 22 5.1%

54 Professional, Scientific, and Technical Services (includes Consulting) 54 12.6%

92 Public Administration 6 1.4%

53 Real Estate, Rental and Leasing 7 1.6%

44 Retail Trade 24 5.6%

517 Telecommunications 14 3.3%

48 Transportation and Warehousing 17 4.0%

481 Air Transportation 3 0.7%

482-493 All Other Transportation 14 3.3%

22 Utilities 10 2.3%

42 Wholesale Trade 15 3.5%

81 Other Services (except Public Administration) 6 1.4%

813 Religious, Grantmaking, Civic, Professional and Similar Organizations 5 1.2%


0%

SALARY BUDGET INCREASES CONTINUE TO CONVERGE IN THE

2 TO 4 PERCENT RANGE, WITH ABOUT

9 IN EVERY 10 ORGANIZATIONS

BUDGETING HERE.

0.1% 2% 3% 4% 7%


UN

ITE

D S

TAT

ES

E X E C U T I V E S U M M A R Y

United States

“WorldatWork 2015-2016 Salary Budget Survey” respondents report

that the average 2015 total salary increase budget in the United States

held at 3.0 percent (mean and median), unchanged since 2014.

Last year, respondents projected that the

average 2015 total salary increase budget

across all organizations, employee cate-

gories, regions and industries in the United

States would reach 3.1 percent (median: 3.0

percent), but actual numbers fell just short.

(See Figure 1 on page 20.) Looking forward,

respondents are again anticipating a slight rise

in their salary increase budgets for 2016 to 3.1

percent (median: 3.0 percent).


UN

ITE

D S

TAT

ES


Modest Salary Budget Increases – A New Normal?With the slowing of growth in budgets for

salary increases, there is speculation of a

“new normal.” For about 15 years before the

Great Recession, the salary budget increase

norm hovered between 3.5 and 4.5 percent.

(See Figure 5 on page 22.) After all-time lows in

2009 caused by prevalent pay freezes, followed

by the thawing of those freezes and a partial

recovery in averages, salary increase budgets

have reached only the 3.0 percent mark.

Convergence on 3.0 percentLooking back to 2011, the overall

total salary increase budget average

has climbed only two-tenths of a

percentage point from 2.8 percent,

representing much slower growth

than was reported in the years

immediately following the reces-

sion. In addition, 2015 is the second

year since 2011 in which the overall

national average has not changed. A

closer look at the data reveals that

the means and medians are reflecting

a continued convergence in the 2 to

4 percent range. (See Figure 4 on

page 21.) In 2015, a resounding 89-92

percent (depending on employee

category) budgeted for salary

increases in this range. The resulting steadying

of year-over-year growth may be signaling the

beginnings of a plateau, or new normal, in the

size of total salary budget increases.

Fiscal cautiousness One of the many consequences of the reces-

sion and subsequent economic recovery is

that many organizations continue to exhibit

a conservative approach to finances and are

behaving in more fiscally cautious ways. There

appears to be a wariness of overspending on

base pay increases, and thus, a limitation on

increases to ongoing fixed costs. Anticipation

of possible changes in overtime rules and/or

minimum wage levels, along with the continued

uncertainty about the future state of the

economy, could be factors as well. This conser-

vative approach has not diluted a commitment

to recognize and reward employees through

pay, but organizations are doing so in a manner

that more prudently allocates funds while

motivating and reinforcing the behaviors that

will lead to long-term business success. This,

again, may be part of a new normal.

There’s more to offerIn addition to the conservative approach

evident in many organizations, there is a

possibility that salary budget increases

are also reflecting the continuing shift in

how employers and employees think about

rewards. Whether reinforced by recessionary

experiences and/or a shifting rewards philos-

ophy that looks to address their workforce’s

unique and diverse needs through a variety of

offerings, it is plausible that organizations will

continue to budget less for salary increases

than they did pre-recession. Perhaps they are

rewarding employees in other meaningful, and

possibly less expensive ways, such as recog-

nition awards and flexibility.

Changing winds of economic indicatorsWhile a new normal may be settling in, there

are several positive economic indicators that

suggest wage growth should be accelerating.

The stock market has been in and out of record

territory; unemployment has fallen; and the

economy has created a significant number of

jobs in the past 24 months. Conversely infla-

tion and the federal funding rate remain low,

and there is an imbalance in the supply and

demand for qualified labor. Most organizations

are targeting the market median in terms of

pay and are not faced with pressure from

anywhere to raise wages more aggressively.

For many iterations of this annual survey,

it has examined the relationship of inflation,

unemployment and other external forces to

After all-time lows in 2009 caused by prevalent pay freezes, followed by the thawing of those freezes and a partial recovery

in averages, salary increase budgets have

reached only the 3.0 percent mark.


UN

ITE

D S

TAT

ES


salary budget increases. The U.S. rate of infla-

tion for the 12-month period ending April 2015

was -0.2 percent, as measured by the U.S.

Bureau of Labor Statistics’ (BLS’) Consumer

Price Index (CPI) for all urban consumers. A

drop in energy prices was a significant factor,

which may also be reflected in the drop in

average salary budget increases in related

industries. (See Figure 9 on page 20.)

The unemployment rate for the 16-years-

and-older labor force has dropped 1.2

percentage points in one year, falling to 5.8

percent for the 12-month

period ending in April

2015, down from 7.0

percent, according to the

BLS. (Figure 25 on page

36 puts a 10-year history

of salary budget trends

into context with the CPI and unemployment.)

In recent years, drops in unemployment

could in part be attributed to the number of

job seekers who had given up looking for work

because they are not considered in the most

widely reported jobless figures. Now with

the increased number of jobs available each

month, one might expect a positive effect on

wages. However, there has been inefficiency

in the market whereby a mismatch exists

between the skill sets and/or locations of new

jobs versus job seekers. There are more job

openings today than when unemployment was

at comparable levels in the past, highlighting

the misalignment in skills and/or locations

between open jobs and job seekers. Until the

demand for qualified labor meets the supply

of qualified job seekers, upward pressure on

wages will continue to be relatively low.

It is also important to note that surveyed

salary budget increase figures tend to lag the

market because organizations usually budget

for pay increases in advance of the fiscal

year. While the potential of this data being on

the cusp of change seems unlikely given the

picture outlined above, there is the possibility

that the winds of change are starting to cause

a shift in how organizations are planning for

salary increases, but it is just not evident

yet in survey data.

The bottom lineModest salary increase budgets with little to

minimal growth year over year may be here

to stay until significant wage pressure comes

from somewhere in the economy. And it’s

likely going to need to come from a variety

of directions, because one factor such as low

unemployment or job creation has not been

enough to change the

current course. If orga-

nizations can attract

and retain the talent

they need to achieve

business goals, they

wil l l ikely continue

budgeting around 3.0 percent and look for

other ways to motivate and reward employees.

Merit BudgetsOrganizations continue to focus on programs

that tie performance to pay. Figure 1 shows

that merit increase budgets remain the most

prevalent — two to four times more common

than other types of pay increases. Average

merit increase budgets for 2015 were reported

at 2.8 percent (median: 3.0 percent), repre-

senting no change from 2014. Respondents

project a one-tenth of a percentage point

increase in 2016 to a mean of 2.9 percent

(median of 3.0 percent).

Pay for PerformanceEven though the size of all salary increase

budgets, including merit budgets, remains

on the conservative side, there is still good

evidence of differentiation of awards. Looking

at employee performance in 2014, organiza-

tions averaged a 2.7 percent merit increase

for mid-level performers (median: 2.8 percent)

and a 4.0 percent payout for top performers

AVERAGE MERIT INCREASE

BUDGETS

2015

2.8%

PROJECTED 2016

2.9%

Until the demand for qualified labor meets the supply of

qualified job seekers, upward pressure on wages will

continue to be relatively low.


UN

ITE

D S

TAT

ES


(median: 4.0 percent). (See Figure 17 on page

30.) Low performers averaged a 0.7 percent

increase in the same year, although the

median payout was 0.2 percent. Pay increases

for 2015 performance are expected to rise to

2.8 percent for middle performers (median: 2.9

percent) and climb to 4.1 percent (median: 4.0

percent) for high performers.

High performers averaged a merit increase

that was 148 percent of that of their middle

performer counterparts, which has remained

unchanged from the prior year. If merit

increase projections are realized, differen-

tiation between middle and high performers

in 2015 will expand to 152 percent. (See

Figure 17a on page 31.)

Salary Structure AdjustmentsSalary structure adjustments across all

employee categories did not change from

2014. In 2015, the reported average salary

structure adjustment is 1.9 percent (median:

2.0 percent) and is anticipated to reach 2.1

percent (median: 2.0 percent) overall for 2016.

(See Figure 20 on page 32.)

Timing of Pay IncreasesFor many years, more than 95 percent of orga-

nizations have reported that pay increases

are awarded on an annual 12-month cycle,

with the average being close to 12 months.

In 2015, the average time between increases

were reported at 12.4 months (median: 12

months), two months earlier than the prior

year for all employee categories as 94 percent

plan to award on a 12-month cycle. (See

Figure 3 on page 21.)

Percent of Employees Receiving IncreasesParticipating organizations reported awarding

at least some base salary increase to 91

percent of employees in 2015 on average.

The median figures show that most organi-

zations will award pay increases to nearly all

employees. (See Figure 15 on page 30.)

State DataAll states averaged a similar 2.9 to 3.1 percent

salary budget increase in 2015, consistent

with the national average of 3.0 percent, and

all share the median of 3.0 percent. For 2016,

most states expect a tenth of a percentage

point growth. (See Figure 7 on pages 24-25.)

Major Metropolitan Area DataThe salary budget increase averages of partici-

pating organizations reported a variance among

major U.S. metropolitan areas, although the

medians are firm at 3.0 percent. While there are

no extreme outliers, a few areas deviated from

the national average trend line this year. The

following cities reported a rise from 2014 to 2015

by three to four-tenths of a percentage point in

average total salary budget: Detroit, Miami,

Portland, San Diego, St. Louis and Tampa.

Projections for 2016 are again diverse among

cities when looking at average budget figures,

stretching from 2.9 to 3.2 percent. However,

median data still balance projections at 3.0

percent for all surveyed major metropolitan

areas. (See Figure 8 on page 25.)

Industry DataMore than metropolitan area data, there is

some deviation among average total salary

budget increases when cut by industry.

However, average budget increases aggre-

gated for all industries are in line with national

figures at 3.0 percent (median: 3.0 percent).

Of the industries with a survey sample greater

than 30, eight reported a drop in the size of

mean salary increase budgets. (See Figure 9

on page 26.) This is particularly true in three

industry categories— Mining, Quarrying and Oil

and Gas Extraction; Construction; Agriculture,

2014 AVERAGE

MERIT INCREASE AWARDED

Low Performers

0.7%

High Performers

4.0%


UN

ITE

D S

TAT

ES


Forestry, Fishing and Hunting — which have

been leading all average budget increases, but

fell by 0.6 to 1.3 percentage points this year.

Mining, Quarrying and Oil and Gas Extraction is

at the bottom of the list with a 2.5 percent salary

budget increase after increases of 4.1 and 4.0

percent the previous two years. Various industry

projections for 2016 continue to differ from the

national average trend with some increasing and

others decreasing. Median 2016 data, however,

is 3.0 percent for most industries.

Organization Size DataSalary increases continue to be larger for

smaller organizations, consistent with previous

years’ data. This phenomenon appears more

pronounced when size is based on the number

of employees than on revenue. The range

based on number of employees is 2.8 to 3.3

percent. (See Figures 10 and 11 on page 27.)

Promotional IncreasesParticipating organizations reported awarding

promotional increases to 7.9 percent of

employees in 2014, three-tenths of a percentage

point greater than the 7.6 percent average in

2013. Of the promotional increases received,

the size of the average pay increase rose

slightly to 8.4 percent. A marginal increase was

also reported in the amount that organizations

plan to spend on promotional increases in

2015, at 1.5 percent of total base salaries.

More organizations continue not to budget

for promotional increases (54 percent) than

are budgeting (46 percent). (See Figure 12 on

page 28.) When there isn’t a specific budget

for promotional increases, the majority of orga-

nization (66 percent) pay for promotions with

either vacancy, salary or other savings. Nearly

one-fourth (24 percent) pay for promotions out

of the merit budget even though it is not inflated

to cover the cost of increases. When promotions

are budgeted, more than half of organizations

budget them separately from other pay increase

budgets. Most of the remaining organizations

that budget for promotional increases are doing

so in the “other increase” budget (21 percent)

or as part of the merit budget (21 percent). (See

Figure 12B on page 28.)

Effect of Health-Care CostsWith continued concerns of rising health-care

costs, the Salary Budget Survey has asked

about the effect of those costs on salary budget

recommendations. Year over year, the majority

of respondents (86 percent in 2015) indicate

that health-care costs are not a factor when

formulating salary budget recommendations.

Variable PayThe percentage of organizations using vari-

able pay slightly fell to 83 percent in 2015.

This number has been hovering around 80

percent for many years. The most prevalent

type of variable pay program continues to be

comprised of awards based on organization/

unit success as well as individual performance.

(See Figure 27 on page 38.) Even throughout

the recession, variable pay amounts budgeted

and paid out in all employee categories were

relatively stable, and they remain so today.

Compensation Program PrevalenceThe 2015 data show that 76 percent of orga-

nizations are now utilizing market-based pay

increases, a 2 percentage-point improvement

from 2014. The usage of most types of bonus

programs has also increased, consistent

with findings from other surveys focused on

bonuses that WorldatWork has conducted.

Most programs held steady in their usage

since 2014, with a few declining only slightly.

Noncash recognition and rewards are one

of those categories showing a decline, by 2

percentage points down to 49 percent. (See

Figure 31 on page 41.)


UN

ITE

D S

TAT

ES

Sa

lary

Bu

dg

et

Inc

rea

ses

S A L A R Y B U D G E T I N C R E A S E S

FIGURE 1 Salary Budget Increases, by Type of Increase

Actual 2013 Actual 2014 Projected 2015 Actual 2015 Projected 2016

Mean Median Mean Median Mean Median Mean Median Mean Median

General Increase/COLA 1.3% 1.0% 1.4% 1.3% 1.6% 2.0% 1.3% 1.0% 1.4% 2.0%n=1,067 n=1,088 n=810 n=1,065 n=778

Merit Increase 2.7% 3.0% 2.8% 3.0% 2.9% 3.0% 2.8% 3.0% 2.9% 3.0%n=6,186 n=5,875 n=5,373 n=5,839 n=5,365

Other Increase 0.7% 0.5% 0.8% 0.5% 0.8% 0.5% 0.7% 0.5% 0.7% 0.5%n=1,583 n=1,524 n=1,275 n=1,546 n=1,280

Total Increase 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%n=6,617 n=6,370 n=5,786 n=6,242 n=5,719

Note: “General Increase/COLA,” “Merit” and “Other” do not add to the “Total Increase” because not every organization provides all three types of increase. The n’s represent the number of responses for each type of increase, which may include multiple responses if each respondent reports for more than one employee category for that type of increase.

FIGURE 2 Total Salary Budget Increases, by Employee Category

Salary Budget Increases (zeros included)



Nonexempt Hourly Nonunion

2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 2.9% 3.0% 3.0% 3.0%

Nonexempt Salaried 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Exempt Salaried 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Officers/Executives 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

All 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Salary Budget Increases (zeros not included)




3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Nonexempt Salaried 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%

Exempt Salaried 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%


All 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%


UN

ITE

D S

TAT

ES

Sa

lary B

ud

ge

t Inc

rea

ses


FIGURE 3 Number of Months Between Increases

Actual 2014 Projected 2015 Actual 2015 Projected 2016

Mean Median Mean Median Mean Median Mean Median

Nonexempt Hourly Nonunion 12.4 12.0 12.2 12.0 12.3 12.0 12.1 12.0

Nonexempt Salaried 12.5 12.0 12.2 12.0 12.2 12.0 12.1 12.0

Exempt Salaried 12.5 12.0 12.2 12.0 12.4 12.0 12.1 12.0

Officers/Executives 12.9 12.0 12.5 12.0 12.6 12.0 12.3 12.0

All 12.6 12.0 12.3 12.0 12.4 12.0 12.2 12.0

FIGURE 4 Distribution of Total Salary Budget Increase Responses, Actual 2014 vs. Actual 2015

Zero (0%) 0.1%-1.9% 2.0%-2.9% 3.0%-4.0% 4.1%-6.9% 7.0%+

2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015

Nonexempt Hourly Nonunion 3% 3% 3% 3% 37% 27% 51% 62% 6% 4% 1% 1%

Nonexempt Salaried 2% 3% 2% 2% 25% 23% 65% 69% 5% 4% 1% 1%

Exempt Salaried 3% 3% 3% 2% 26% 23% 63% 66% 6% 5% 1% 1%

Officers/Executives 5% 5% 3% 2% 23% 21% 62% 66% 6% 7% 1% 2%

FIGURE 4A 6-Year Change in Distribution of Actual, Total Salary Budget Increase Responses*

70%

60%

50%

40%

30%

20%

10%

0%

Zero (0%) 0.1% - 1.9% 2.0% - 2.9% 3.0% - 4.0% 4.1% - 6.9% 7.0%+

Pe

rcen

tag

e o

f R

esp

on

den

ts

Actual Total Salary Budget Responses

* Data represent exempt salaried employee category only.

2015

2013

2011

2009


UN

ITE

D S

TAT

ES

Sa

lary

Bu

dg

et

Inc

rea

ses


FIGURE 5 Salary Budget Increase Trends

Nonexempt Hourly Nonunion Nonexempt Salaried Exempt Salaried Officers/Executives

1979 — 8.2% 8.0% 7.8%

1980 — 10.1% 9.9% 9.7%

1981 — 10.6% 10.5% 10.6%

1982 — 9.1% 9.1% 8.9%

1983 — 6.8% 6.9% 6.9%

1984 — 6.4% 6.5% 6.8%

1985 — 6.2% 6.4% 6.7%

1986 — 5.7% 5.9% 6.3%

1987 — 5.0% 5.2% 5.5%

1988 — 5.1% 5.2% 5.6%

1989 — 5.2% 5.4% 5.7%

1990 — 5.4% 5.5% 5.8%

1991 — 5.0% 5.0% 5.1%

1992 — 4.6% 4.7% 4.8%

1993 — 4.2% 4.3% 4.4%

1994 — 4.0% 4.0% 4.1%

1995 — 3.9% 4.0% 4.1%

1996 3.8% 4.0% 4.1% 4.3%

1997 4.1% 4.1% 4.3% 4.5%

1998 4.1% 4.2% 4.5% 4.6%

1999 4.1% 4.2% 4.4% 4.5%

2000 4.3% 4.4% 4.6% 4.8%

2001 4.3% 4.4% 4.6% 4.7%

2002 3.7% 3.7% 3.9% 4.0%

2003 3.5% 3.4% 3.6% 3.6%

2004 3.5% 3.4% 3.6% 3.6%

2005 3.6% 3.6% 3.7% 3.8%

2006 3.7% 3.7% 3.8% 3.9%

2007 3.8% 3.8% 3.9% 4.1%

2008 3.8% 3.8% 3.9% 4.0%

2009 2.3% 2.1% 2.2% 2.0%

2010 2.4% 2.4% 2.5% 2.5%

2011 2.7% 2.8% 2.8% 2.8%

2012 2.8% 2.9% 2.9% 2.8%

2013 2.9% 2.9% 2.9% 2.9%

2014 2.9% 3.0% 3.0% 3.0%

2015 2.9% 3.0% 3.0% 3.0%

2016 Projected 3.0% 3.1% 3.1% 3.1%


UN

ITE

D S

TAT

ES

Sa

lary B

ud

ge

t Inc

rea

ses


FIGURE 6 Total Salary Budget Increases, by Region and Employee Category

Central Eastern

Actual 2014 Actual 2015 Projected 2016 Actual 2014 Actual 2015 Projected 2016

Mean Median Mean Median Mean Median Mean Median Mean Median Mean Median


2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 2.9% 3.0% 2.9% 3.0% 3.0% 3.0%

Nonexempt Salaried

3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

Exempt Salaried 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

Officers/Executives

3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

All 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 2.9% 3.0% 2.9% 3.0% 3.0% 3.0%

Southern Western

Actual 2014 Actual 2015 Projected 2016 Actual 2014 Actual 2015 Projected 2016



2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Nonexempt Salaried

3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

Exempt Salaried 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Officers/Executives

3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%

All 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

western

southern

central eastern


UN

ITE

D S

TAT

ES

Sa

lary

Bu

dg

et

Inc

rea

ses


FIGURE 7 Total Salary Budget Increases, by State



National 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Alabama 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Alaska 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%

Arizona 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%

Arkansas 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%

California 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Colorado 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Connecticut 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Delaware 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%

Florida 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Georgia 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Hawaii 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%

Idaho 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%

Illinois 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Indiana 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Iowa 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%

Kansas 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Kentucky 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Louisiana 2.9% 3.0% 3.0% 3.0% 2.9% 3.0% 3.1% 3.0%

Maine 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.1% 3.0%

Maryland 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Massachusetts 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Michigan 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Minnesota 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Mississippi 2.8% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Missouri 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Montana 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

Nebraska 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

Nevada 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%

New Hampshire 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

New Jersey 2.8% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

New Mexico 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

New York 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

North Carolina 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

North Dakota 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Ohio 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Oklahoma 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.2% 3.0%

Oregon 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

Pennsylvania 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Rhode Island 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.1% 3.0%

South Carolina 2.8% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

South Dakota 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%


UN

ITE

D S

TAT

ES

Sa

lary B

ud

ge

t Inc

rea

ses


FIGURE 7 Total Salary Budget Increases, by State (continued)



Tennessee 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Texas 3.1% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Utah 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.2% 3.0%

Vermont 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.2% 3.0%

Virginia 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Washington 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

West Virginia 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Wisconsin 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Wyoming 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

FIGURE 8 Total Salary Budget Increases, by Major Metropolitan Area



National 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Atlanta 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.1% 3.0%

Baltimore 2.8% 3.0% 2.8% 3.0% 3.0% 3.0% 3.0% 3.0%

Boston 2.9% 3.0% 2.9% 3.0% 3.1% 3.0% 3.0% 3.0%

Chicago 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Cincinnati 2.8% 3.0% 2.8% 3.0% 2.9% 3.0% 3.0% 3.0%

Cleveland 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.0% 3.0%

Dallas 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Denver 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Detroit 2.7% 3.0% 2.8% 3.0% 3.0% 3.0% 3.1% 3.0%

Houston 3.1% 3.0% 3.1% 3.0% 2.9% 3.0% 3.1% 3.0%

Los Angeles 3.1% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Miami 2.7% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

Minneapolis 2.9% 3.0% 2.9% 3.0% 3.0% 3.0% 3.1% 3.0%

New York 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%

Philadelphia 2.9% 3.0% 2.9% 3.0% 2.9% 3.0% 3.0% 3.0%

Phoenix 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%

Pittsburgh 2.7% 3.0% 2.8% 3.0% 2.8% 3.0% 2.9% 3.0%

Portland 2.8% 3.0% 2.9% 3.0% 3.2% 3.0% 3.2% 3.0%

San Diego 2.9% 3.0% 3.0% 3.0% 3.2% 3.0% 3.2% 3.0%

San Francisco 3.1% 3.0% 3.2% 3.0% 3.2% 3.0% 3.2% 3.0%

San Jose 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.2% 3.0%

Seattle 3.0% 3.0% 3.0% 3.0% 3.2% 3.0% 3.2% 3.0%

St. Louis 2.7% 3.0% 2.8% 3.0% 3.0% 3.0% 3.1% 3.0%

Tampa 2.7% 3.0% 2.8% 3.0% 3.0% 3.0% 2.9% 3.0%

Washington, D.C. 2.9% 3.0% 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%


UN

ITE

D S

TAT

ES

Sa

lary

Bu

dg

et

Inc

rea

ses


FIGURE 9 Total Salary Budget Increases, by Major Industry Grouping

Summary data are presented this year for all major industries in which data were reported. Detailed information about these

industries and additional subindustries can be accessed through the “Online Reporting Tool.” See page 6 for details.



All Industries 3.0% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Accommodation and Food Services

3.0% 3.0% 2.9% 3.0% 3.3% 3.0% 3.4% 3.0%

Administrative and Support and Waste Management and Remediation Services

2.8% 3.0% 2.9% 3.0% 3.1% 3.0% 3.2% 3.0%

Agriculture, Forestry, Fishing and Hunting

3.5% 3.0% 3.6% 3.0% 2.9% 2.9% 3.2% 3.0%

Arts, Entertainment, and Recreation

2.6% 3.0% 3.1% 3.0% 2.9% 3.0% 3.3% 3.0%

Construction 3.7% 3.5% 3.5% 3.5% 2.9% 3.0% 3.0% 3.0%

Educational Services 2.5% 2.5% 2.4% 2.5% 2.6% 3.0% 2.5% 2.5%

Finance and Insurance 3.0% 3.0% 3.1% 3.0% 3.2% 3.0% 3.2% 3.0%

Health Care and Social Assistance

2.5% 2.5% 2.7% 3.0% 2.7% 3.0% 2.9% 3.0%

Information 3.2% 3.0% 3.2% 3.0% 3.1% 3.0% 3.3% 3.0%

Management of Companies and Enterprises

2.9% 2.8% 2.9% 3.0% 3.6% 3.0% 3.0% 3.0%

Manufacturing 2.9% 3.0% 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

Mining, Quarrying, and Oil and Gas Extraction

3.8% 3.8% 3.8% 3.5% 2.5% 3.0% 2.9% 3.0%

Professional, Scientific, and Technical Services (includes Consulting)

3.1% 3.0% 3.2% 3.0% 3.1% 3.0% 3.3% 3.0%

Public Administration 2.7% 2.9% 2.5% 3.0% 2.7% 3.0% 2.7% 3.0%

Real Estate and Rental and Leasing

3.3% 3.0% 3.2% 3.0% 3.2% 3.0% 3.1% 3.0%

Retail Trade 2.9% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

Telecommunications 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

Transportation and Warehousing

3.2% 3.0% 3.2% 3.0% 2.9% 3.0% 3.0% 3.0%

Utilities 3.1% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

Wholesale Trade 2.8% 3.0% 3.2% 3.0% 2.8% 3.0% 3.0% 3.0%

Other Services (except Public Administration)

3.2% 3.0% 3.1% 3.0% 3.2% 3.0% 3.2% 3.0%


UN

ITE

D S

TAT

ES

Sa

lary B

ud

ge

t Inc

rea

ses


FIGURE 10 Total Salary Budget Increases, by Organization Size


Number of Employees Mean Median Mean Median Mean Median Mean Median

1-499 3.2% 3.0% 3.3% 3.0% 3.3% 3.0% 3.3% 3.0%

500-2,499 3.1% 3.0% 3.1% 3.0% 3.1% 3.0% 3.2% 3.0%

2,500-9,999 2.9% 3.0% 3.0% 3.0% 2.9% 3.0% 3.0% 3.0%

10,000-19,999 2.9% 3.0% 3.0% 3.0% 2.8% 3.0% 3.0% 3.0%

20,000+ 2.7% 3.0% 2.8% 3.0% 2.9% 3.0% 3.0% 3.0%

FIGURE 11 Total Salary Budget Increases, by Revenue


2014 Revenue Mean Median Mean Median Mean Median Mean Median

Up to $30 million 3.1% 3.0% 3.2% 3.0% 3.2% 3.0% 3.4% 3.0%

More than $30 million to $100 million 3.1% 3.0% 3.2% 3.0% 3.2% 3.0% 3.3% 3.0%



More than $600 million to $1 billion 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

More than $1 billion to $3 billion 3.0% 3.0% 3.1% 3.0% 2.9% 3.0% 3.0% 3.0%




More than $10 billion 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%


UN

ITE

D S

TAT

ES

Pro

mo

tio

na

l In

cre

ase

s

P R O M O T I O N A L I N C R E A S E S

FIGURE 12 Impact of Promotional Increases on Salary Budgets (n=1,979)

Additional amount budgeted for promotional increases as part of salary budget but separate from other pay increase budgets

25%

Additional amount budgeted for promotional increases as part of merit budget

10%

Additional amount budgeted for promotional increases as part of general increase/COLA increase budget

1%

Additional amount budgeted for promotional increases as part of other increase budgets

10%

Percent of organizations that do budget for promotions 46%

No budget for promotional increases 54%

Percent of organizations that do NOT budget for promotions 54%

FIGURE 12A Promotional Increase Funding When Promotional Increases Are Not Budgeted (n=984)

Promotional increases are paid for out of the merit budget, even though the merit budget is not inflated to cover promotional increases

24%

Promotional increases are paid for out of the general increase/COLA increase budget, even though the general increase/COLA increase budget is not inflated to cover promotional increases

3%

Promotional increases are paid for out of the other increase budget, even though the other increase budget is not inflated to cover promo-tional increases

20%

Promotional increases are paid for with savings (e.g., savings realized from vacant positions, hiring at a lower rate than the previous incum-bent, downsizing)

66%

FIGURE 12B Promotional Increase Budget Practices

Promotional increases are not budgeted

Promotional increases are

budgeted

54% 46%

* Data for companies that do budget for promotions were extracted from Figure 12 and recalculated to show breakdown within those 46% of respondents. NOTE: See Figures 12 and 12a for additional detail on data used to create this chart.

Where are promotional increases budgeted?* (n= 910)

Separately from other pay increase budgets

55%

As part of the merit increase budget

21%

As part of the other increase budget

21%

As part of the general increase/COLA budget

3%

How are promotional increases paid for/funded if not budgeted? (n=984)

With vacancy, salary or other savings

66%

Out of merit increase budget

24%

Out of other increase budget

20%

Out of general increase/COLA budget

3%


UN

ITE

D S

TAT

ES

Pro

mo

tion

al In

cre

ase

s

P R O M O T I O N A L I N C R E A S E S

FIGURE 13 Salary Budget Increases, Promotional Increase Budget Practices

All RespondentsOrganizations That

Do NOT Budget for Promotional Increases

Organizations That Budget for Promotional

Increases

Actual 2015 Projected 2016 Actual 2015 Projected 2016 Actual 2015 Projected 2016


General Increase/COLA 1.3 1.0 1.4 1.8 1.4 1.5 1.4 2.0 1.2 0.5 1.4 1.5

Merit Increase 2.8 3.0 2.9 3.0 2.7 3.0 2.9 3.0 2.8 3.0 2.9 3.0

Other Increase (not promotional)

0.7 0.5 0.8 0.5 0.5 0.2 0.5 0.3 0.7 0.5 0.8 0.5

Total Increase 3.0 3.0 3.1 3.0 2.9 3.0 2.9 3.0 3.1 3.0 3.3 3.0

FIGURE 14 Promotional Increases

2013 2014 2015

Mean Median Mean Median Mean Median

Percentage of employees that received promotional increases 7.6% 6.0% 7.9% 7.0% – –n=1,348 n=1.317

Percentage of promoted employees’ base salary 8.3% 8.0% 8.4% 8.0% – –n=1,356 n=1,335

Planned spending on promotional increases as a percentage of total base salaries

1.5% 1.0% 1.5% 1.0% 1.5% 1.0%n=1,249 n=1,315 n=1,267

– Question was not an option in the survey questionnaire.

FIGURE 14A Change in Planned Spending on Promotional Increases

More Similar Less

Planned spending on promotional increases in 2015 is … than 2014 7% 87% 6%

Estimated spending on promotional increases in 2016 will be … than 2015 5% 91% 4%

Promotional Increase Budget Added to Merit

Increase Budget

Promotional Increase Budget Added to General Increase/

COLA Budget

Promotional Increase Budget Added to Other

Increase Budget

Actual 2015 Projected 2016 Actual 2015 Projected 2016 Actual 2015 Projected 2016


General Increase/COLA 1.1 0.0 0.9 0.0 2.3 2.0 2.3 2.5 1.0 0.0 1.2 0.4

Merit Increase 2.8 3.0 3.0 3.0 2.4 3.0 2.8 3.0 2.9 3.0 2.9 3.0

Other Increase (not promotional)

0.9 0.5 0.8 0.5 0.8 0.1 1.5 0.6 0.7 0.5 0.9 0.5

Total Increase 3.2 3.0 3.2 3.0 3.2 3.0 3.0 3.0 3.2 3.0 3.3 3.0


UN

ITE

D S

TAT

ES

Pe

rce

nt

of

Em

plo

yee

s R

ec

eiv

ing

a B

ase

Sa

lary

In

cre

ase

| M

eri

t In

cre

ase

Aw

ard

s

P E R C E N T O F E M P L O Y E E S R E C E I V I N G A B A S E S A L A R Y I N C R E A S E

M E R I T I N C R E A S E A W A R D S

FIGURE 15 Percent of Employees Receiving a Base Salary Increase in 2015, by Employee Category

Percent of Employees Receiving an Increase in 2015

Percent of Employees Receiving an Increase in 2015 is … than 2014

Mean Median Larger Similar Smaller

Nonexempt Hourly Nonunion 89% 96% 7% 88% 5%

Nonexempt Salaried 91% 97% 5% 90% 5%

Exempt Salaried 91% 96% 7% 89% 4%

Officers/Executives 90% 100% 6% 88% 6%

FIGURE 16 Percent of Employees Receiving a Base Salary Increase in 2015, by Employee Category and Region

Central Eastern Southern Western


Nonexempt Hourly Nonunion 89% 95% 89% 95% 87% 95% 87% 95%

Nonexempt Salaried 90% 97% 90% 97% 90% 97% 90% 95%

Exempt Salaried 91% 95% 91% 95% 90% 95% 90% 95%

Officers/Executives 90% 100% 89% 100% 89% 100% 88% 100%

FIGURE 17 Merit Increases Awarded, by Performance Category

High Performers Middle Performers Low Performers

2014 Mean Median Mean Median Mean Median

Percentage of employees rated in this category for 2014 26% 23% 68% 70% 6% 5%

Average merit increase awarded to this 2014 performance category

4.0% 4.0% 2.7% 2.8% 0.7% 0.2%

2015

Percentage of employees estimated to be rated in this category for 2015

25% 20% 69% 70% 6% 5%

Average merit increase estimated for this 2015 performance category

4.1% 4.0% 2.8% 2.9% 0.6% 0.0%

Note: The mean distribution of the percent of employees in each performance category will total 100% or, as a result of rounding, may be very close. However, by definition, the median value for each category will move depending on the frequency of values in the dataset. Therefore, the median distribution of the percent of employees in each category will not equal 100%.


UN

ITE

D S

TAT

ES

Me

rit Inc

rea

se Aw

ard

s | Co

mp

en

satio

n P

hilo

sop

hy

M E R I T I N C R E A S E A W A R D S

C O M P E N S A T I O N P H I L O S O P H Y

FIGURE 17A Five-Year History of Merit Increase Differentiation

Middle Performers(Mean)

High Performers (Mean)

Differentiation Between High and Middle

Performers

2011 2.6% 3.9% 150%

2012 2.7% 3.9% 144%

2013 2.7% 4.0% 148%

2014 2.7% 4.0% 148%

2015 (estimated) 2.8% 4.1% 146%

FIGURE 17B Relationship Between the Number of Employees Rated as High Performers and the Size of Merit Increases Awarded to High Performers

Percent of employees rated as high performers for 2014

2014 Merit Increase Award for High Performers

n Mean Median

Up to 10% of employees 279 4.2 4.0

11 to 15% of employees 168 4.3 4.0

16 to 24% of employees 293 4.1 4.0

25 to 29% of employees 155 4.0 4.0

30% or more of employees 516 3.8 3.7

FIGURE 18 Base Pay Market Comparison Target, by Employee Category

10th Percentile

25th Percentile

50th Percentile (median)

75th Percentile

90th Percentile

Other Percentile

No Formal Compensation

Strategy

Nonexempt Hourly Nonunion 0.5% 2.8% 85.0% 2.1% 0.3% 2.8% 6.6%

Nonexempt Salaried 0.2% 2.4% 87.6% 1.9% 0.3% 3.1% 4.5%

Exempt Salaried 0.2% 1.8% 86.9% 2.8% 0.3% 3.2% 4.9%

Officers/Executives 0.0% 1.3% 77.0% 10.0% 0.7% 3.0% 8.1%


UN

ITE

D S

TAT

ES

Lu

mp

-Su

m A

wa

rds

| S

ala

ry S

tru

ctu

re A

dju

stm

en

ts

L U M P - S U M A W A R D S

S A L A R Y S T R U C T U R E A D J U S T M E N T S

FIGURE 19 Lump-Sum Awards, by Employee Category

Percent of Companies Giving Lump-Sum Awards

Percent of Employees Receiving Lump-Sum Awards

(Mean)

Nonexempt Hourly Nonunion 51% 11%

Nonexempt Salaried 54% 9%

Exempt Salaried 58% 10%

Officers/Executives 40% 18%

FIGURE 20 Salary Structure Increases, by Employee Category



Nonexempt Hourly Nonunion 1.9% 2.0% 2.1% 2.0% 1.8% 2.0% 2.1% 2.0%(n=1,108) (n=1,007) (n=1,065) (n=957)

Nonexempt Salaried 1.9% 2.0% 2.1% 2.0% 2.0% 2.0% 2.1% 2.0%

(n=666) (n=618) (n=640) (n=584)

Exempt Salaried 1.9% 2.0% 2.1% 2.0% 2.0% 2.0% 2.1% 2.0%(n=1,424) (n=1,295) (n=1,397) (n=1,269)

Officers/Executives 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.1% 2.0%(n=1,117) (n=1,041) (n=1,067) (n=990)

All 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.1% 2.0%

(n=4,315) (n=3,961) (n=4,169) (n=3,800)

A lump-sum award is defined as an increase in pay that

is made in the form of a single cash payment. Lump-sum

awards often are used in one of three circumstances:

❚❚ When an employer does not want to increase the employ-

ee’s base pay due to budget constraints

❚❚ When an employee is reaching or exceeding the maximum

of his/her salary range

❚❚ When an employer is trying to give the employee more

buying power at a specific point in time.

An organization’s salary structure is a hierarchy of pay ranges

with established minimums and maximums. Organizations

frequently apply control points (often the midpoint) within

each salary range. The collection of those control points

determines the pay line. As a general rule, the numbers

displayed in Figure 20 refer to the percent increase in

the salary structure pay line encompassing all salary

range control points.


UN

ITE

D S

TAT

ES

Sa

lary S

truc

ture A

dju

stme

nts


FIGURE 20A Actual 2015 Salary Structure Increase Data, Most Common Responses


Mean: 1.8%

Nonexempt Salaried Mean: 2.0%

Exempt Salaried Mean: 2.0%

Officers/Executives Mean: 1.9%

3.0% increase 16% 16% 15% 15%

2.5% increase 7% 7% 6% 6%

2.0% increase 32% 36% 33% 32%

0.0% increase 21% 16% 19% 23%

FIGURE 20B Projected 2016 Salary Structure Increase Data, Most Common Responses


Mean: 2.1%

Nonexempt Salaried Mean: 2.1%

Exempt Salaried Mean: 2.1%

Officers/Executives Mean: 2.1%

3.0% increase 21% 21% 20% 20%

2.5% increase 8% 8% 8% 8%

2.0% increase 40% 42% 42% 40%

0.0% increase 11% 9% 10% 12%

FIGURE 21 Organizations Reporting No Salary Structure Increase (0%), by Employee Category

Actual 2014 Actual 2015 Projected 2016

% n % n % n

Nonexempt Hourly Nonunion 21% 1,108 21% 1,065 11% 957

Nonexempt Salaried 18% 666 16% 640 9% 584

Exempt Salaried 20% 1,424 19% 1,397 10% 1,269

Officers/Executives 23% 1,117 23% 1,067 12% 990


UN

ITE

D S

TAT

ES

Sa

lary

Str

uc

ture

Ad

just

me

nts


FIGURE 22 Number of Months Since Last Increase if No Increase Was Reported (0% or Blank) and Most Common Responses

Frequency of Responses

n Mean Median 12 months 18 months 24 months 36 months

Nonexempt Hourly Nonunion 204 23.5 19.0 33% 5% 26% 7%

Nonexempt Salaried 95 21.9 22.0 38% 1% 31% 6%

Exempt Salaried 252 22.6 24.0 32% 4% 31% 7%

Officers/Executives 221 22.9 24.0 33% 4% 29% 8%

FIGURE 23 Salary Structure Trends

Nonexempt Hourly Nonunion Nonexempt Salaried Exempt Salaried Officers/Executives

1994 — 2.4% 2.5% 2.5%

1995 — 2.3% 2.4% 2.4%

1996 2.7% 2.8% 2.9% 3.0%

1997 2.5% 2.5% 2.7% 2.6%

1998 2.6% 2.7% 2.9% 2.7%

1999 2.6% 2.7% 2.9% 2.7%

2000 2.8% 2.8% 3.0% 2.9%

2001 3.0% 3.1% 3.2% 3.0%

2002 2.3% 2.4% 2.5% 2.4%

2003 2.0% 2.3% 2.1% 2.2%

2004 1.9% 2.0% 2.0% 2.0%

2005 2.1% 2.2% 2.2% 2.2%

2006 2.5% 2.6% 2.6% 2.7%

2007 2.5% 2.6% 2.6% 2.6%

2008 2.5% 2.5% 2.5% 2.6%

2009 1.5% 1.5% 1.5% 1.4%

2010 1.1% 1.3% 1.2% 1.2%

2011 1.4% 1.5% 1.5% 1.4%

2012 1.7% 2.1% 1.7% 1.7%

2013 1.8% 1.9% 1.9% 1.9%

2014 1.9% 1.9% 1.9% 1.9%

2015 1.8% 2.0% 2.0% 1.9%

2016 Projected 2.1% 2.1% 2.1% 2.1%


UN

ITE

D S

TAT

ES

Sa

lary S

truc

ture A

dju

stme

nts


FIGURE 24 Salary Structure Increases, by Region and Employee Category

Central Eastern



Nonexempt Hourly Nonunion 1.9% 2.0% 2.0% 2.0% 1.8% 2.0% 2.0% 2.0%


Exempt Salaried 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.1% 2.0%

Officers/Executives 1.9% 2.0% 2.1% 2.0% 1.8% 2.0% 2.0% 2.0%

All 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.0% 2.0%

Southern Western



Nonexempt Hourly Nonunion 1.8% 2.0% 2.0% 2.0% 1.9% 2.0% 2.1% 2.0%


Exempt Salaried 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.1% 2.0%

Officers/Executives 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.1% 2.0%

All 1.9% 2.0% 2.1% 2.0% 1.9% 2.0% 2.1% 2.0%

western

southern

central eastern


UN

ITE

D S

TAT

ES

Sa

lary

Str

uc

ture

Ad

just

me

nts

FIGURE 25 10-Year Perspective: Salary Budget and Structure Increases

Salary Budget Increases

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 projected

Nonexempt Hourly Nonunion 3.7% 3.8% 3.8% 2.3% 2.4% 2.7% 2.8% 2.9% 2.9% 2.9% 3.0%

Nonexempt Salaried 3.7% 3.8% 3.8% 2.1% 2.4% 2.8% 2.9% 2.9% 3.0% 3.0% 3.1%

Exempt Salaried 3.8% 3.9% 3.9% 2.2% 2.5% 2.8% 2.9% 2.9% 3.0% 3.0% 3.1%

Officers/Executives 3.9% 4.1% 4.0% 2.0% 2.5% 2.8% 2.8% 2.9% 3.0% 3.0% 3.1%

All 3.8% 3.9% 3.9% 2.2% 2.5% 2.8% 2.8% 2.9% 3.0% 3.0% 3.1%

Salary Structure Increases

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 projected

Nonexempt Hourly Nonunion 2.5% 2.5% 2.5% 1.5% 1.1% 1.4% 1.7% 1.8% 1.9% 1.8% 2.1%

Nonexempt Salaried 2.6% 2.6% 2.5% 1.5% 1.3% 1.5% 2.1% 1.9% 1.9% 2.0% 2.1%

Exempt Salaried 2.6% 2.6% 2.5% 1.5% 1.2% 1.5% 1.7% 1.9% 1.9% 2.0% 2.1%


All 2.6% 2.6% 2.5% 1.5% 1.2% 1.4% 1.7% 1.9% 1.9% 1.9% 2.1%

Economic Indicators

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 projected

Consumer Price Index (CPI) 3.5% 2.6% 3.9% -0.7% 2.2% 3.2% 2.3% 1.1% 2.0% -0.2% —

Unemployment 4.9% 4.6% 4.8% 6.9% 9.7% 9.3% 8.8% 7.9% 7.0% 5.8% —

Note: U.S. CPI as reported by U.S. Bureau of Labor Statistics (BLS) for all urban consumers for 12 months ending April 2015. Average U.S. unemployment rate as reported by BLS for labor force 16 years and over for 12 months ending April 2015 (www.bls.gov.).



UN

ITE

D S

TAT

ES

Sa

lary S

truc

ture A

dju

stme

nts

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016projected

10

9.5

9

8.5

8

7.5

7

6.5

6

5.5

5

4.5

4

3.5

3

2.5

2

1.5

1

0.5

0

-0.5

-1

FIGURE 25 10-Year Perspective: Salary Budget and Structure Increases (continued)


Salary Structure Increases

Economic Indicators

Consumer Price Index

Unemployment



UN

ITE

D S

TAT

ES

Va

ria

ble

Pay

V A R I A B L E P A Y

Variable pay is the percentage of payroll established by

management to grant to employees for performance-based,

lump-sum, short-term cash awards during the year. Included

in this calculation are payments provided under a formal plan,

such as organizationwide awards, unit/strategic business unit

(SBU) awards and/or individual incentive awards. (Specific

salesforce incentive awards and cash awards for recognition

are excluded from the variable pay data.)

FIGURE 26 Use of Variable Pay

Percent of organizations … 2013 2014 2015

Using variable pay 83% 84% 83%

Not using variable pay 17% 16% 17%

FIGURE 27 Types of Variable Pay Programs

Combination awards based on both organization/unit success and individual performance

71%

Organizationwide awards 29%

Individual incentive awards 22%

Unit/strategic business unit awards 17%

FIGURE 28 Impact of Variable Pay on Base Salary Budget Recommendations

Nonexempt Hourly Nonunion Nonexempt Salaried Exempt Salaried Officers/ Executives

No impact 73% 75% 70% 67%

Some impact 24% 24% 27% 26%

Significant impact 3% 1% 3% 7%


UN

ITE

D S

TAT

ES

Va

riab

le Pay


(Continued on page 40)

FIGURE 29 Variable Pay Programs, 2014-2016


Nonexempt Salaried Exempt Salaried Officers/Executives

National Mean Median Mean Median Mean Median Mean Median

2014

Average percent budgeted 5.3% 5.0% 6.1% 5.0% 12.6% 12.0% 38.2% 35.0%

Average percent paid 5.1% 4.5% 5.8% 5.0% 12.9% 11.0% 39.2% 34.0%

Percent of employees eligible in 2014 for variable pay

90% 100% 91% 100% 82% 100% 93% 100%

Percent of eligible employees actually paid variable pay for 2014

84% 99% 89% 99% 83% 98% 92% 100%

2015


Projected percent paid 5.1% 5.0% 6.0% 5.0% 13.0% 12.0% 39.6% 35.0%

2016

Projected percent budgeted 5.4% 5.0% 6.1% 5.0% 12.7% 12.0% 38.1% 35.0%

FIGURE 30 2014-2016 Variable Pay Programs, by Region



Central Mean Median Mean Median Mean Median Mean Median

2014




89% 100% 90% 100% 81% 100% 94% 100%


84% 99% 89% 99% 83% 98% 93% 100%

2015



2016



UN

ITE

D S

TAT

ES

Va

ria

ble

Pay


FIGURE 30 2014-2016 Variable Pay Programs, by Region (continued)



Eastern Mean Median Mean Median Mean Median Mean Median

2014




89% 100% 91% 100% 82% 100% 94% 100%


83% 98% 89% 99% 84% 98% 92% 100%

2015



2016


Southern Mean Median Mean Median Mean Median Mean Median

2014




88% 100% 91% 100% 82% 100% 93% 100%


84% 98% 89% 99% 84% 98% 92% 100%

2015



2016



UN

ITE

D S

TAT

ES

Va

riab

le Pay | C

om

pe

nsa

tion

Pro

gra

m P

revale

nc

e


C O M P E N S A T I O N P R O G R A M P R E V A L E N C E

FIGURE 30 2014-2016 Variable Pay Programs, by Region (continued)

FIGURE 31 Compensation Programs Used in Past 12 Months

2011* (n=1,958)

2012 (n=2,023)

2013 (n=2,009)

2014 (n=1,940)

2015 (n=1,931)

Market adjustments/ increase to base salary 60% 69% 72% 74% 76%

Sign-on/hiring bonus 62% 66% 69% 71% 72%

Employee referral bonus 62% 62% 62% 62% 65%

Spot bonus (individual) 48% 51% 53% 54% 53%

Noncash recognition and rewards 41% 50% 52% 51% 49%

Retention/stay bonus 34% 41% 44% 46% 49%

Stock grant programs 19% 27% 29% 32% 33%

Paying above market 25% 28% 28% 29% 29%

Stock option program 19% 21% 24% 24% 24%

Project milestone/completion bonus 15% 20% 22% 22% 23%

Special cash bonus/group incentives 15% 19% 20% 21% 22%

Exempt overtime pay or time off 18% 21% 23% 23% 21%

Separate salary structures 22% 24% 22% 22% 21%

Larger merit increase budgets 14% 10% 9% 8% 8%

*The question was changed to ask only about the compensation programs that were used in the prior 12 months, and did not stipulate that the programs in question were being used to “attract and retain employees.”



Western Mean Median Mean Median Mean Median Mean Median

2014




89% 100% 90% 100% 82% 100% 93% 100%


82% 98% 88% 99% 83% 98% 92% 100%

2015



2016


A HIGHER NUMBER OF ZERO-PERCENT RESPONSES AND

FEWER RESPONSES ABOVE THE 3.0 PERCENT MARK

CAUSED THE DECLINE IN THE AVERAGE TOTAL SALARY BUDGET INCREASE.

20152009

3.0%

2.8%

2011 2013



CA

NA

DA

Canada

While the average salary increase budget has shrunk

by two-tenths of a percentage point, the median

figure of 3.0 percent is unchanged since 2011.

The drop in the average figure can be attributed to

a higher number of zero-percent responses, espe-

cially in the Officers/Executives employee category,

as well as fewer responses above the 3.0 percent

mark across the board. (See Figure C4 on page 46.)

The average total salary increase budget is projected

to increase to 2.9 percent in 2016 with the median

total salary budget increase expected to remain

firm at 3.0 percent.

The average total salary budget increase of aggregated Canadian

employee categories, regions and industries is 2.8 percent in 2015, a reduction from the

3.0 percent budgeted in 2014. (See Figure C1 on page 45.)



CA

NA

DA

Global economies, including Canada, have

continued to recover from the Great Recession.

However, Canada has been experiencing an

economic contraction so far in 2015. Low oil

prices appear to be impacting many economic

indicators and the reported decline in the size

of 2015 salary increase budgets seems indic-

ative of the current economic landscape. Even

if the Canadian economy picks up in the near

future, employers may still be able to attract

and retain needed talent with modest pay

increases. Labor market pressures would need

to come from multiple directions

to accelerate wage growth.

Inflation and UnemploymentInflation was 0.8 percent for the

12-month period ending April

2015, according to Statistics

Canada’s Consumer Price Index.

That agency also reported the

average unemployment rate at

6.8 percent for the same 12-month period.

Both indicators are greater than the United

States’ figures, and there is clearly less

upward pressure on wages in Canada given

the economic picture.

Province DataMost provinces reported small movements

in average and median salary increase

budgets for this year, with Alberta reporting

the largest drop, from 3.0 percent in 2014 to

2.7 percent in 2015.

Metropolitan Area DataCanadian metropolitan areas showed some

variance in salary increase budgets with

Montreal and Ottawa experiencing the highest

2015 increases at 2.9 percent and Edmonton

and Hamilton reporting lows of 2.6 percent.

The areas of Calgary and Edmonton were at

the high end in 2014, each falling six-tenths of

a percentage point this year.

Organization Size Data In 2015, reported salary budget increases are

greater for larger employers, which appears

to be more pronounced based on number of

employees than revenue. That reverses a trend

from previous years when salary increase

budgets tended to be larger for smaller

organizations in both number

of employees and revenue. (See

Figures C10 and C11 on pages

50 and 51.) Those questions

yielded a variance in sample

sizes, and data corresponding

to smaller sample sizes will not

have as strong statistical power

and validity. Caution should be

used when interpreting these

demographic results.

Salary Structure AdjustmentsThe average structure adjustment across all

employee categories in 2015 is 1.8 percent

(median: 2.0 percent), up from 1.7 percent last

year (median: 2.0 percent). For 2016, orga-

nizations are projecting a 2.0 percent mean

and median increase among most employee

categories, apart from the 1.9 percent mean

increase for Officers/Executives.

The reported decline in the size of 2015

salary increase budgets seems indicative of the

current economic landscape.

CALGARY

EDMONTON

2014

3.3%

2014

3.2%

2015

2.7%

2015

2.6%



CA

NA

DA

Sa

lary B

ud

ge

t Inc

rea

ses

FIGURE C1 Salary Budget Increases, by Type of Increase



General Increase/COLA1.9% 2.0% 1.4% 1.5% 1.7% 2.0% 1.4% 1.5% 1.3% 1.0%

(n=214) (n=206) (n=164) (n=222) (n=199)

Merit Increase2.7% 3.0% 2.7% 3.0% 2.8% 3.0% 2.6% 3.0% 2.7% 3.0%

(n=1,254) (n=1,139) (n=1,034) (n=1,192) (n=1,091)

Other Increase0.5% 0.5% 0.8% 0.5% 0.9% 0.5% 0.6% 0.5% 0.7% 0.5%

(n=232) (n=266) (n=221) (n=266) (n=233)

Total Increase2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

(n=1,337) (n=1,223) (n=1,114) (n=1,271) (n=1,175)

Note: “General Increase/COLA,” “Merit” and “Other” do not add to the “Total Increase” because not every organization provides all three types of increase. The n’s represent the number of responses for each type of increase, which may include multiple responses if each respondent reports for more than one employee category for that type of increase.

FIGURE C2 Total Salary Budget Increases, by Employee Category

Salary Budget Increases (zeros included)



Nonmanagement Hourly Nonunion

2.9% 3.0% 2.8% 3.0% 3.0% 3.0% 2.8% 3.0% 2.8% 3.0%

Nonmanagement Salaried 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

Management Salaried 3.0% 3.0% 3.0% 3.0% 3.1% 3.0% 2.8% 3.0% 2.9% 3.0%


All 2.9% 3.0% 3.0% 3.0% 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%



CA

NA

DA

S

ala

ry B

ud

ge

t In

cre

ase

s

FIGURE C3 Number of Months Between Increases




12.3 12.0 11.9 12.0 12.2 12.0 11.8 12.0

Nonmanagement Salaried 12.4 12.0 12.0 12.0 12.3 12.0 12.0 12.0

Management Salaried 12.4 12.0 12.0 12.0 12.3 12.0 12.0 12.0

Officers/Executives 12.9 12.0 12.4 12.0 12.4 12.0 12.3 12.0

All 12.5 12.0 12.1 12.0 12.3 12.0 12.0 12.0

FIGURE C2 Total Salary Budget Increases, by Employee Category (continued)

Salary Budget Increases (zeros not included)




3.0% 3.0% 2.9% 3.0% 3.0% 3.0% 2.9% 3.0% 2.9% 3.0%

Nonmanagement Salaried 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

Management Salaried 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%


All 3.0% 3.0% 3.1% 3.0% 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

FIGURE C4 Distribution of Total Salary Budget Increase Responses, Actual 2014 vs. Actual 2015

Zero (0%) 0.1%-1.9% 2.0%-2.9% 3.0%-4.0% 4.1%-6.9% 7.0%+

2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015


3% 3% 5% 5% 28% 33% 61% 59% 4% 3% 0% 0%

Nonmanagement Salaried 3% 4% 3% 3% 27% 31% 59% 59% 8% 4% 0% 1%

Management Salaried 2% 4% 3% 4% 29% 31% 61% 59% 4% 4% 1% <1%

Officers/Executives 6% 10% 5% 5% 26% 35% 55% 49% 6% 3% 1% 1%

NEW



CA

NA

DA

Sa

lary B

ud

ge

t Inc

rea

ses

FIGURE C5 Salary Budget Trends


Nonmanagement Salaried

Management Salaried Officers/Executives

1985 — 5.2% 5.5% 5.8%

1986 — 5.1% 5.6% 5.8%

1987 — 4.9% 5.1% 5.2%

1988 — 5.4% 5.8% 6.0%

1989 — 5.8% 5.9% 6.0%

1990 — 6.2% 6.3% 6.4%

1991 — 5.5% 5.5% 5.5%

1992 — 3.7% 3.6% 3.3%

1993 — 2.5% 2.4% 2.3%

1994 — 2.1% 2.1% 2.1%

1995 — 2.4% 2.3% 2.5%

1996 2.7% 3.0% 3.0% 3.3%

1997 2.8% 3.0% 3.0% 3.3%

1998 3.3% 3.7% 3.9% 4.1%

1999 3.1% 3.6% 3.7% 3.6%

2000 3.5% 3.8% 3.9% 4.1%

2001 3.5% 4.1% 4.2% 4.4%

2002 3.2% 3.5% 3.6% 3.8%

2003 3.2% 3.5% 3.5% 4.0%

2004 3.2% 3.4% 3.4% 3.7%

2005 3.4% 3.5% 3.4% 3.5%

2006 3.7% 3.8% 3.8% 4.0%

2007 3.6% 4.0% 4.0% 4.1%

2008 3.8% 3.8% 3.9% 3.9%

2009 2.5% 2.5% 2.4% 2.2%

2010 2.5% 2.6% 2.7% 2.6%

2011 2.9% 3.1% 3.0% 2.9%

2012 3.0% 3.0% 3.0% 3.0%

2013 2.9% 2.9% 3.0% 2.9%

2014 2.8% 3.0% 3.0% 3.0%

2015 2.8% 2.8% 2.8% 2.7%

2016 Projected 2.8% 2.9% 2.9% 2.8%



CA

NA

DA

S

ala

ry B

ud

ge

t In

cre

ase

s

FIGURE C6 10-Year Perspective: Salary Budget Increases and CPI


2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016

Projected


3.7% 3.6% 3.8% 2.5% 2.5% 2.9% 3.0% 2.9% 2.8% 2.8% 2.8%

Nonmanagement Salaried 3.8% 4.0% 3.8% 2.5% 2.6% 3.1% 3.0% 2.9% 3.0% 2.8% 2.9%

Management Salaried 3.8% 4.0% 3.9% 2.4% 2.7% 3.0% 3.0% 3.0% 3.0% 2.8% 2.9%


2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016

Projected

Consumer Price Index (CPI) 2.4% 2.2% 1.7% 0.4% 1.8% 3.3% 2.0% 0.4% 2.0% 0.8% –

Note: Canadian CPI as reported by Statistics Canada for the 12 months ending April 2015 (www.statcan.ca).

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 projected

4.5

4.0

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0.0


Nonmanagement Salaried

Management Salaried

Officers/Executives

Economic Indicators

Consumer Price Index



CA

NA

DA

Sa

lary B

ud

ge

t Inc

rea

ses

FIGURE C7 Total Salary Budget Increases, by Province



National 3.0% 3.0% 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

Alberta 3.0% 3.0% 3.1% 3.0% 2.7% 3.0% 2.9% 3.0%

British Columbia 2.9% 3.0% 3.0% 3.0% 2.8% 3.0% 2.7% 3.0%

Manitoba 2.7% 3.0% 2.9% 3.0% 2.7% 3.0% 2.7% 3.0%

New Brunswick 2.6% 3.0% 2.6% 3.0% 2.7% 2.8% 2.7% 3.0%

Newfoundland 2.7% 3.0% 2.7% 3.0% 2.7% 2.8% 2.7% 3.0%

Northwest Territories 2.6% 3.0% 2.5% 3.0% 2.7% 3.0% 2.5% 2.6%

Nova Scotia 2.7% 3.0% 2.7% 3.0% 2.7% 3.0% 2.8% 3.0%

Nunavut 2.8% 3.0% 2.8% 3.0% 2.7% 2.6% 2.7% 2.6%

Ontario 2.9% 3.0% 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

Prince Edward Island 2.5% 2.6% 2.5% 3.0% 2.6% 2.5% 2.6% 3.0%

Quebec 2.8% 3.0% 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

Saskatchewan 2.9% 3.0% 2.9% 3.0% 2.7% 3.0% 2.7% 3.0%

Yukon 2.6% 3.0% 2.6% 3.0% 2.7% 3.0% 2.3% 2.5%

FIGURE C8 Total Salary Budget Increases, by Major Metropolitan Area



National 3.0% 3.0% 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

Calgary 3.3% 3.0% 3.2% 3.0% 2.7% 3.0% 2.8% 3.0%

Edmonton 3.2% 3.0% 3.2% 3.0% 2.6% 3.0% 2.8% 3.0%

Hamilton 2.7% 3.0% 2.7% 3.0% 2.6% 3.0% 2.7% 3.0%

Montreal 2.8% 3.0% 2.8% 3.0% 2.9% 3.0% 3.0% 3.0%

Ottawa 2.8% 3.0% 2.8% 3.0% 2.9% 3.0% 2.9% 3.0%

Quebec 2.8% 3.0% 2.8% 3.0% 2.7% 3.0% 2.8% 3.0%

Toronto 2.8% 3.0% 2.9% 3.0% 2.8% 3.0% 2.9% 3.0%

Vancouver 2.9% 3.0% 2.9% 3.0% 2.7% 3.0% 2.6% 3.0%

Winnipeg 2.8% 3.0% 2.8% 3.0% 2.7% 3.0% 2.6% 3.0%



CA

NA

DA

S

ala

ry B

ud

ge

t In

cre

ase

s

FIGURE C9 Total Salary Budget Increases, by Major Industry Grouping

Actual 2015 Projected 2016

Mean Median Mean Median

All Industries 2.8% 3.0% 2.9% 3.0%

Accommodation and Food Services 2.9% 3.0% 3.0% 3.0%

Administrative and Support and Waste Management and Remediation Services — — — —

Agriculture, Forestry, Fishing and Hunting — — — —

Construction 2.6% 3.0% 2.6% 3.0%

Educational Services — — — —

Finance and Insurance 2.8% 2.9% 2.7% 3.0%

Health Care and Social Assistance — — — —

Information 2.7% 3.0% 2.9% 3.0%

Manufacturing 2.9% 3.0% 3.0% 3.0%

Mining, Quarrying, and Oil and Gas Extraction 2.0% 2.0% 2.6% 3.0%

Professional, Scientific, and Technical Services (includes Consulting) 3.0% 3.0% 3.2% 3.0%

Public Administration 3.4% 3.0% 2.5% 2.5%

Real Estate and Rental and Leasing 3.3% 3.3% 3.3% 3.4%

Retail Trade 2.8% 3.0% 2.9% 3.0%

Telecommunications 2.9% 3.0% 2.7% 3.0%

Transportation and Warehousing 2.8% 3.0% 2.6% 3.0%

Utilities 1.7% 2.0% 2.4% 3.0%

Wholesale Trade 2.9% 3.0% 2.9% 3.0%

Other Services (except Public Administration) 2.8% 3.0% 2.0% 2.5%

—Fewer than 5 responses.

FIGURE C10 Total Salary Budget Increases, by Organization Size


Number of Employees Mean Median Mean Median Mean Median Mean Median

1–499 3.5% 3.0% 3.6% 3.0% 2.6% 2.5% 2.7% 2.5%

500–2,499 3.2% 3.0% 3.2% 3.0% 2.9% 3.0% 3.0% 3.0%

2,500–9,999 3.0% 3.0% 3.1% 3.0% 2.8% 3.0% 2.9% 3.0%

10,000–19,999 2.8% 3.0% 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

20,000+ 2.6% 3.0% 2.8% 3.0% 2.8% 3.0% 2.8% 3.0%


CA

NA

DA

Sa

lary B

ud

ge

t Inc

rea

ses | S

ala

ry Stru

ctu

re Ad

justm

en

ts



FIGURE C11 Total Salary Budget Increases, by Revenue


2014 Revenue Mean Median Mean Median Mean Median Mean Median

Up to $30 million 3.8% 3.5% 3.9% 3.0% 2.4% 2.5% 2.5% 2.5%




More than $600 million to $1 billion 3.2% 3.0% 3.2% 3.0% 2.8% 3.0% 2.9% 3.0%





More than $10 billion 2.7% 3.0% 2.9% 3.0% 2.7% 2.9% 2.7% 3.0%

FIGURE C12 Salary Structure Increases, by Employee Category




1.7% 2.0% 2.0% 2.0% 1.8% 2.0% 2.0% 2.0% (n=142) (n=128) (n=142) (n=132)

Nonmanagement Salaried1.8% 2.0% 2.0% 2.0% 1.8% 2.0% 2.0% 2.0%

(n=228) (n=201) (n=234) (n=212)

Management Salaried1.7% 2.0% 2.0% 2.0% 1.8% 2.0% 2.0% 2.0%

(n=253) (n=229) (n=257) (n=238)

Officers/Executives1.7% 2.0% 2.0% 2.0% 1.6% 2.0% 1.9% 2.0%

(n=142) (n=130) (n=150) (n=137)

All1.7% 2.0% 2.0% 2.0% 1.8% 2.0% 2.0% 2.0%

(n=765) (n=688) (n=783) (n=719)

FIGURE C13 Number of Months Since Last Salary Structure Increase if No Increase Was Reported (0% or Blank)

n Mean Median


30 21.7 18.0

Nonmanagement Salaried 49 23.0 24.0

Management Salaried 53 22.7 24.0

Officers/Executives 40 22.7 17.0



G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

2.8%

CANADA

3.0%

UNITED STATES

4.5%

MEXICO

7.5%

BRAZIL

IN 2015, MOST COUNTRIES REPORTMARGINAL ( ) OR NO GROWTH

IN THE SIZE OF PLANNED PAY INCREASES,WITH A FEW DECLINES ( ).

2014 7.2%

2014 3.0%

2014 4.4%

2014 3.0%



GLO

BA

L

3.0%

UNITED KINGDOM

2.2%

SWITZERLAND

10.5%

INDIA

2.7%

FRANCE

3.4%

AUSTRALIA2014 3.7%

7.8%

CHINA

2.6%

JAPAN

4.4%

SINGAPORE

GlobalInternational Salary Budget Increases Of the 19 countries surveyed for the “WorldatWork 2015-2016 Salary

Budget Survey,” Brazil reported the largest growth in average 2015

total salary budget increases at 7.5 percent (median: 7.8 percent),

up from 7.2 percent (median: 7.3 percent) last year. India, with the

largest salary budget increase of all surveyed countries, has main-

tained its average increase budget at 10.5 percent (median: 11.0

percent). These countries have retained the largest increases since

WorldatWork expanded its data collection in 2012, and are projecting

similar increase budgets for 2016. (See Figure G1a on page 58.)

2.4%

BELGIUM2014 2.6%

2014 2.3%

2014 8.2%

2014 2.7%

2014 3.0%

3.0%

GERMANY

2014 10.5%

2014 2.8%

2014 2.5%

8.6%

RUSSIA

2.9%

NETHERLANDS2014 2.9%

2014 4.3%

2014 2.4%

2.5%

SPAIN

2014 3.0%

2.8%

SWEDEN

2.7%

ITALY



G

LOB

AL

In 2014, all 17 countries participating in

the survey reported salary increase budgets

at or above 2013 levels. This year, most

of the 19 participating countries report a

marginal increase or an unchanged size of

planned pay increases, with a few declines.

In 2014, China was a leading country in the

growth of its salary budget increase with

8.2 percent (median: 8.3 percent). This year,

China’s average increase has dropped to 7.8

percent (median: 8.0 percent). Australia has

experienced the greatest shrinkage in budget

increases proportionate to the size of its

average increase. In 2014, Australian budgets

averaged 3.7 percent, and are now at 3.4

percent. The three-tenths of a percentage

point drop represents an 8 percent reduction

in total salary budget increases.

For the most part, only minor variances are

projected for 2016 in all surveyed countries.

The largest growth is anticipated in Belgium

– by two-tenths of a percentage point – back

to the 2014 average increase of 2.6 percent

(median: 2.5 percent).

Mandatory Pay IncreasesThere are many factors that contribute to

salary budget planning trends. And, those

factors can vary as much from country to

country as the salary budget increase figures.

One important consideration is whether a

country requires pay increases. Some coun-

tries require annual increases for only those

employees earning minimum wage. Others

have statutory requirements for base pay

increases that are not performance based.

One of the more common scenarios is that

the government does not mandate a pay

increase outside of a collective-bargaining

agreement, but when union membership

applies, an annual contract negotiation and/

or pay increase can be required.

Mandated pay increases do not necessarily

inflate salary increase budgets if the size of

the planned pay increase meets the statutory

or collective-bargaining requirement. So even

in countries that have requirements, there

wouldn’t necessarily be an impact on total

salary budget increase figures.

The “WorldatWork Salary Budget Survey” has historically

collected, analyzed and reported salary budget increase

data for the United States and Canada. Strategic Rewards

Group’s merit and inflation survey has also been repub-

lished in the Salary Budget Survey for years, addressing

the demand for international data for 70 countries.

Increasingly though, U.S.-based organizations, interested

in benchmarking global pay practices, have sought inter-

national data that mirror WorldatWork’s types of data and

employee categories.

2012 was the first year WorldatWork reported salary

budget increase data for 11 countries in addition to the U.S.

and Canada. Only core salary budget data were collected.

Secondary data, such as salary structure adjustments

and variable pay budgets, were gathered only from U.S.

organizations. Based on feedback from survey users, six

additional countries have since been added to the survey.

This year, nearly 2,400 responses were received for the

surveyed countries outside of the U.S. and Canada.

There are 19 countries for which both WorldatWork and

Strategic Rewards Group data are presented:

❚❚ Australia❚❚ Belgium❚❚ Brazil❚❚ Canada❚❚ China❚❚ France❚❚ Germany❚❚ India❚❚ Italy❚❚ Japan❚❚ Mexico

❚❚ Netherlands❚❚ Russia❚❚ Singapore❚❚ Spain❚❚ Sweden❚❚ Switzerland❚❚ United Kingdom❚❚ United States

BRAZIL LEADS GROWTH IN

AVERAGE TOTAL SALARY BUDGET

INCREASE

INDIA HAS THE LARGEST SALARY BUDGET

INCREASE

2015

7.5%

2015

10.5%

2014

7.2%



GLO

BA

L

Furthermore, data were collected by type

of pay increase and survey respondents were

not advised during participation on where to

report mandatory pay increases. Mandatory

pay increases may be included in the general

increase/Cost-of-Living Adjustment (COLA),

merit increase, and/or other increase figures

if applicable for a specific country.

Data by Type of Pay Increase Figures G1a and G1b on pages 58-62 outline

salary budget increases by type. A focus on

programs that tie performance to pay appears

prevalent across all coun-

tries surveyed. In general,

budgets for merit increases

represent the highest

budgeted amount in most

countries. One exception

is Brazil, where the general increase of 6.4

percent (median: 7.5 percent) is higher than

the merit increase budgeted of 5.3 percent

(median: 6.5 percent).

Data by Employee CategoryInternational data gathered by WorldatWork

were aggregated using WorldatWork’s method

of collecting and reporting salary budget

increase data by employee category. When

comparing data by employee category, the

differences are fairly minor for most countries.

(See Figures G2a and G2b on pages 63-67.)

This lack of differentiation for some coun-

tries may be due to U.S.-based respondents

submitting the same value for all employee

categories because they have limited access

to international budget figures for their organi-

zation. WorldatWork continues to monitor this

data for any trends.

Notes About International DataDiscrepancies can occur between the

Strategic Rewards Group’s (SRG) merit and

inflation survey, which for years has been

published with the Salary Budget Survey, and

WorldatWork data. Those discrepancies are

due to differences in methodologies, particu-

larly the handling of zero-percent responses,

as well as differences in sample sizes. As

a default, WorldatWork includes zero-per-

cent responses in the analysis of all data;

Strategic Rewards Group excludes zero-per-

cent responses. In order to allow for easier

comparison of all international data contained

in this report, WorldatWork’s international

tables are presented both with and without

zero-percent responses.

For the best comparison

between WorldatWork and

SRG data, please compare

the general increase/COLA

and merit increase rows of

Figure G1b to Figure G4.

In Figure G4, the planned increase average

columns include both the average merit

increase and the average inflation-based pay

increase. (Please see Methodology section

on page 7 and the notes after Figure G4 on

pages 69-71 for further explanation.)

While WorldatWork reports aggregated

data for as few as five organizations within a

country, data corresponding to larger sample

sizes will have stronger statistical power and

validity. Some caution should be exercised

when using data points contained in this

report that have been aggregated from rela-

tively few respondents.

Unlimited, customized reports for the

U.S. and Canada can be run through the

“Online Reporting Tool.” (See page 6 for

instructions.) In 2015, WorldatWork did not

receive enough responses from any other

country to support user-customized cuts of

data from an online database. WorldatWork

hopes to increase the number of responses

for all countries to expand the coverage of the

“Online Reporting Tool.”

In general, budgets for merit increases represent

the highest budgeted amount in most countries.

CHINA WAS THE LEAD IN GROWTH IN 2014, BUT DROPPED

THIS YEAR

2015

7.8%

2014

8.2%


G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

G L O B A L V I E W O F T O T A L S A L A R Y B U D G E T I N C R E A S E T R E N D S

Australia

France

4.0%

3.0%

7.7%

11.2%

3.0%

2.8%2.8%

2012

2013

2014

2015

2016 (projected)

2.7%

3.0% 3.0%

3.5%

2.8%

7.5%

10.6%

2.9%

2.7%2.5%

2.6%

Brazil

India

Canada

ItalySpain

Belgium

Germany


GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

G L O B A L V I E W O F T O T A L S A L A R Y B U D G E T I N C R E A S E T R E N D S

Mexico

4.4% 4.3%

9.1%

2.6%2.9%

2.3% 2.3%

3.1% 3.0% 2.8%3.1%

3.1%

4.6%

8.9%

4.4%

7.8%

2.6%

2.9%

Russia SingaporeChina

Japan Sweden Switzerland U.K. United States

Netherlands



G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

NEW FIGURE G1 Number of 2015 Salary Budget Increase Responses, by Country

General Increase/ COLA Merit Increase Other Increase Total Increase

Australia 48 424 98 445

Belgium 47 213 40 223

Brazil 100 301 89 339

Canada 222 1,192 266 1,271

China 55 522 122 545

France 32 411 87 426

Germany 48 432 88 464

India 37 434 102 456

Italy 55 292 65 301

Japan 16 284 64 292

Mexico 36 393 66 403

Netherlands 46 301 57 311

Russia 12 138 35 144

Singapore 50 370 98 382

Spain 27 249 53 259

Sweden 13 169 38 175

Switzerland 17 190 35 197

United Kingdom 64 762 180 790

United States 1,065 5,839 1,546 6,242

FIGURE G1A Salary Budget Increases, by Type of Increase (zeros included)

Type of Increase



Australia

General Increase/COLA 1.1% 0.0% 1.7% 0.5% 1.6% 0.3%

Merit Increase 3.6% 3.8% 3.2% 3.5% 3.3% 3.5%

Other Increase 0.6% 0.5% 0.7% 0.5% 0.7% 0.5%

Total Increase 3.7% 3.8% 3.4% 3.6% 3.5% 3.5%

Belgium


Merit Increase 2.1% 2.5% 2.2% 2.5% 2.3% 2.5%

Other Increase 0.9% 0.7% 0.7% 0.6% 0.9% 0.7%

Total Increase 2.6% 2.8% 2.4% 2.5% 2.6% 2.5%

Brazil


Merit Increase 5.1% 6.0% 5.3% 6.5% 5.3% 6.2%

Other Increase 2.6% 1.0% 3.5% 1.2% 3.0% 1.0%

Total Increase 7.2% 7.3% 7.5% 7.8% 7.5% 7.8%



GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

Type of Increase



Canada


Merit Increase 2.7% 3.0% 2.6% 3.0% 2.7% 3.0%

Other Increase 0.8% 0.5% 0.6% 0.5% 0.7% 0.5%

Total Increase 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

China


Merit Increase 7.8% 8.0% 7.5% 8.0% 7.6% 8.0%

Other Increase 1.2% 1.0% 1.2% 0.5% 0.9% 0.5%

Total Increase 8.2% 8.3% 7.8% 8.0% 7.8% 8.0%

France


Merit Increase 2.6% 2.8% 2.6% 2.6% 2.7% 2.7%

Other Increase 0.7% 0.5% 0.6% 0.5% 0.6% 0.5%

Total Increase 2.7% 2.8% 2.7% 2.8% 2.8% 2.8%

Germany


Merit Increase 2.8% 3.0% 2.8% 3.0% 2.9% 3.0%

Other Increase 0.8% 0.5% 0.6% 0.5% 0.6% 0.5%

Total Increase 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

India


Merit Increase 10.2% 11.0% 10.0% 10.6% 10.2% 11.0%

Other Increase 1.5% 1.0% 1.7% 1.0% 1.3% 1.0%

Total Increase 10.5% 11.0% 10.5% 11.0% 10.6% 11.0%

Italy


Merit Increase 2.5% 2.6% 2.5% 2.5% 2.4% 2.5%

Other Increase 0.8% 0.5% 0.6% 0.5% 0.7% 0.5%

Total Increase 2.8% 2.9% 2.7% 2.8% 2.7% 2.8%

Japan

General Increase/COLA** 1.0% 0.5% 2.0% 2.0% 2.0% 2.0%

Merit Increase 2.3% 2.3% 2.4% 2.5% 2.4% 2.5%

Other Increase 0.6% 0.5% 0.7% 0.5% 0.7% 0.5%

Total Increase 2.5% 2.4% 2.6% 2.5% 2.6% 2.5%

Mexico


Merit Increase 4.2% 4.5% 4.3% 4.5% 4.3% 4.5%

Other Increase 0.8% 0.7% 1.2% 0.5% 1.0% 0.5%

Total Increase 4.4% 4.7% 4.5% 4.5% 4.6% 4.5%

Netherlands


Merit Increase 2.6% 2.9% 2.7% 2.8% 2.7% 2.9%

Other Increase 0.6% 0.5% 0.6% 0.5% 0.6% 0.5%

Total Increase 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

Russia

General Increase/COLA** * * 6.1% 6.0% 5.8% 6.0%

Merit Increase * * 8.2% 8.0% 8.3% 8.0%

Other Increase * * 1.3% 0.5% 1.4% 0.7%

Total Increase * * 8.6% 8.0% 8.9% 8.0%

Singapore


Merit Increase 4.1% 4.3% 4.1% 4.3% 4.2% 4.3%

Other Increase 0.8% 0.5% 0.7% 0.5% 0.6% 0.5%

Total Increase 4.3% 4.4% 4.4% 4.4% 4.4% 4.4%

FIGURE G1A Salary Budget Increases, by Type of Increase (zeros included) (continued)



G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

Type of Increase



Spain


Merit Increase 2.3% 2.5% 2.3% 2.3% 2.3% 2.3%

Other Increase 0.7% 0.5% 0.7% 0.5% 0.8% 0.7%

Total Increase 2.4% 2.5% 2.5% 2.5% 2.5% 2.5%

Sweden


Merit Increase * * 2.6% 2.8% 2.7% 2.8%

Other Increase * * 0.6% 0.5% 0.7% 0.8%

Total Increase * * 2.8% 2.9% 2.9% 3.0%

Switzerland


Merit Increase 2.2% 2.1% 2.1% 2.0% 2.2% 2.2%

Other Increase 0.6% 0.5% 0.5% 0.5% 0.5% 0.5%

Total Increase 2.3% 2.2% 2.2% 2.2% 2.3% 2.5%

United Kingdom


Merit Increase 2.9% 3.0% 2.8% 3.0% 2.9% 3.0%

Other Increase 0.8% 0.5% 0.6% 0.5% 0.5% 0.5%

Total Increase 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

United States


Merit Increase 2.8% 3.0% 2.8% 3.0% 2.9% 3.0%

Other Increase 0.8% 0.5% 0.7% 0.5% 0.7% 0.5%

Total Increase 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

Note: “General Increase/COLA,” “Merit” and “Other” do not add to the “Total Increase” because not every organization provides all three types of increase. The n’s represent the number of responses for each type of increase, which may include multiple responses if each respondent reports for more than one employee category for that type of increase. *Data not gathered. **This data may represent a small sample size of less than 30 responses. Please refer to figure G1.

FIGURE G1B Salary Budget Increases, by Type of Increase (zeros NOT included)

Type of Increase



Australia


Merit Increase 3.7% 3.8% 3.4% 3.5% 3.4% 3.5%

Other Increase 0.8% 0.5% 0.8% 0.5% 0.8% 0.6%

Total Increase 3.8% 3.9% 3.6% 3.7% 3.6% 3.6%

Belgium


Merit Increase 2.3% 2.6% 2.3% 2.5% 2.4% 2.5%

Other Increase 1.1% 1.0% 0.8% 0.7% 0.9% 0.7%

Total Increase 2.8% 2.8% 2.6% 2.5% 2.7% 2.6%

Brazil


Merit Increase 5.6% 6.7% 5.7% 6.8% 5.6% 6.5%

Other Increase 2.8% 1.1% 4.5% 6.3% 3.6% 2.0%

Total Increase 7.4% 7.5% 7.6% 7.8% 7.6% 8.0%

Canada


Merit Increase 2.8% 3.0% 2.7% 3.0% 2.8% 3.0%

Other Increase 1.0% 0.5% 0.9% 0.5% 0.9% 0.5%

Total Increase 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

FIGURE G1A Salary Budget Increases, by Type of Increase (zeros included) (continued)



GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

Type of Increase



China


Merit Increase 8.0% 8.0% 7.6% 8.0% 7.6% 8.0%

Other Increase 1.5% 1.0% 1.3% 0.7% 1.0% 0.7%

Total Increase 8.2% 8.4% 7.8% 8.0% 7.8% 8.0%

France


Merit Increase 2.7% 2.8% 2.7% 2.7% 2.7% 2.7%

Other Increase 0.9% 0.5% 0.6% 0.5% 0.7% 0.5%

Total Increase 2.8% 2.9% 2.8% 2.8% 2.8% 2.8%

Germany


Merit Increase 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

Other Increase 0.9% 0.5% 0.6% 0.5% 0.7% 0.5%

Total Increase 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

India


Merit Increase 10.4% 11.0% 10.2% 10.7% 10.3% 11.0%

Other Increase 1.7% 1.0% 1.8% 1.0% 1.4% 1.0%

Total Increase 10.7% 11.0% 10.6% 11.0% 10.7% 11.0%

Italy


Merit Increase 2.6% 2.7% 2.5% 2.6% 2.5% 2.5%

Other Increase 0.9% 0.5% 0.7% 0.5% 0.7% 0.5%

Total Increase 2.9% 2.9% 2.8% 2.8% 2.7% 2.8%

Japan


Merit Increase 2.4% 2.3% 2.4% 2.5% 2.4% 2.5%

Other Increase 0.7% 0.5% 0.7% 0.5% 0.7% 0.5%

Total Increase 2.5% 2.5% 2.6% 2.5% 2.6% 2.5%

Mexico


Merit Increase 4.4% 4.6% 4.4% 4.5% 4.4% 4.5%

Other Increase 1.0% 0.8% 1.5% 0.8% 1.3% 0.8%

Total Increase 4.5% 4.7% 4.6% 4.5% 4.7% 4.5%

Netherlands


Merit Increase 2.7% 2.9% 2.7% 2.8% 2.8% 3.0%

Other Increase 0.8% 0.5% 0.7% 0.5% 0.7% 0.7%

Total Increase 3.0% 3.0% 2.9% 3.0% 2.9% 3.0%

Russia


Merit Increase * * 8.2% 8.0% 8.3% 8.0%

Other Increase * * 1.5% 0.5% 1.5% 0.7%

Total Increase * * 8.7% 8.0% 8.9% 8.0%

Singapore


Merit Increase 4.2% 4.4% 4.2% 4.3% 4.2% 4.3%

Other Increase 1.0% 0.6% 0.8% 0.6% 0.8% 0.6%

Total Increase 4.4% 4.5% 4.4% 4.4% 4.5% 4.4%

Spain


Merit Increase 2.4% 2.5% 2.4% 2.3% 2.3% 2.4%

Other Increase 0.8% 0.5% 0.8% 0.5% 0.8% 0.7%

Total Increase 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Sweden


Merit Increase * * 2.7% 2.8% 2.7% 2.8%

Other Increase * * 0.7% 0.5% 0.8% 0.8%

Total Increase * * 2.9% 2.9% 2.9% 3.0%

FIGURE G1B Salary Budget Increases, by Type of Increase (zeros NOT included) (continued)



G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

Type of Increase



Switzerland


Merit Increase 2.3% 2.1% 2.2% 2.1% 2.2% 2.2%

Other Increase 0.7% 0.5% 0.6% 0.5% 0.8% 0.7%

Total Increase 2.4% 2.2% 2.3% 2.2% 2.4% 2.5%

United Kingdom


Merit Increase 2.9% 3.0% 2.9% 3.0% 3.0% 3.0%

Other Increase 0.9% 0.7% 0.6% 0.5% 0.6% 0.5%

Total Increase 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

United States


Merit Increase 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

Other Increase 1.0% 0.5% 0.9% 0.5% 0.9% 0.5%

Total Increase 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%

Note: “General Increase/COLA,” “Merit” and “Other” do not add to the “Total Increase” because not every organization provides all three types of increase. The n’s represent the number of responses for each type of increase, which may include multiple responses if each respondent reports for more than one employee category for that type of increase. *Data not gathered. **This data may represent a small sample size of less than 30 responses. Please refer to figure G1.

FIGURE G1B Salary Budget Increases, by Type of Increase (zeros NOT included) (continued)

NEW FIGURE G2 Number of 2015 Total Salary Budget Increase Responses, by Employee Category

NHN NS MS OE All

Australia 66 147 159 73 445

Belgium 34 80 80 29 223

Brazil 48 121 123 47 339

Canada 239 380 410 242 1,271

China 76 191 199 79 545

France 54 160 157 55 426

Germany 60 165 169 70 464

India 59 159 169 69 456

Italy 37 114 114 36 301

Japan 43 106 105 38 292

Mexico 59 146 149 49 403

Netherlands 45 112 114 40 311

Russia 18 53 55 18 144

Singapore 47 132 135 68 382

Spain 30 99 100 30 259

Sweden 23 71 68 13 175

Switzerland 27 71 69 30 197

United Kingdom 110 255 267 158 790

United States 1,568 886 2,004 1,764 6,242

NHN - Nonmanagement Hourly Nonunion | NS - Nonmanagement Salaried | MS - Management Salaried | OE - Officers/Executives



GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

FIGURE G2A Total Salary Budget Increases, by Employee Category (zeros included)

Employee Category



Australia

NHN 3.6% 4.0% 3.5% 3.8% 3.6% 3.8%

NS 3.7% 3.9% 3.4% 3.6% 3.5% 3.5%

MS 3.7% 3.9% 3.4% 3.5% 3.5% 3.5%

OE 3.6% 3.6% 3.4% 3.5% 3.6% 3.5%

All 3.7% 3.8% 3.4% 3.6% 3.5% 3.5%

Belgium

NHN 2.6% 2.8% 2.3% 2.5% 2.4% 2.6%

NS 2.6% 2.8% 2.4% 2.5% 2.5% 2.5%

MS 2.7% 2.8% 2.5% 2.5% 2.7% 2.5%

OE** 2.4% 2.7% 2.6% 2.7% 2.8% 2.8%

All 2.6% 2.8% 2.4% 2.5% 2.6% 2.5%

Brazil

NHN 7.2% 7.5% 7.9% 8.0% 7.7% 8.0%

NS 7.3% 7.4% 7.4% 7.8% 7.3% 7.8%

MS 7.3% 7.5% 7.5% 7.8% 7.4% 7.8%

OE 6.8% 7.0% 7.4% 7.6% 7.4% 7.8%

All 7.2% 7.3% 7.5% 7.8% 7.5% 7.8%

Canada

NHN 2.8% 3.0% 2.8% 3.0% 2.8% 3.0%

NS 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

MS 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

OE 3.0% 3.0% 2.7% 3.0% 2.8% 3.0%

All 3.0% 3.0% 2.8% 3.0% 2.9% 3.0%

China

NHN 8.4% 8.5% 8.0% 8.0% 7.8% 8.0%

NS 8.1% 8.3% 7.8% 8.0% 7.8% 8.0%

MS 8.1% 8.3% 7.7% 8.0% 7.8% 8.0%

OE 8.0% 8.2% 7.7% 8.0% 8.0% 8.0%

All 8.2% 8.3% 7.8% 8.0% 7.8% 8.0%

France

NHN 2.9% 3.0% 2.8% 2.8% 2.8% 2.8%

NS 2.7% 2.8% 2.8% 2.8% 2.8% 2.8%

MS 2.8% 2.8% 2.8% 2.8% 2.8% 2.8%

OE 2.5% 2.7% 2.5% 2.5% 2.6% 2.5%

All 2.7% 2.8% 2.7% 2.8% 2.8% 2.8%

Germany

NHN 3.0% 3.0% 3.1% 3.0% 3.2% 3.0%

NS 2.9% 3.0% 3.0% 3.0% 3.0% 3.0%

MS 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

OE 2.9% 3.0% 2.7% 3.0% 2.9% 3.0%

All 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

India

NHN 10.5% 11.0% 11.0% 11.0% 11.1% 11.0%

NS 10.5% 11.0% 10.5% 11.0% 10.5% 11.0%

MS 10.4% 11.0% 10.5% 11.0% 10.6% 11.0%

OE 10.6% 11.0% 10.3% 11.0% 10.5% 11.0%

All 10.5% 11.0% 10.5% 11.0% 10.6% 11.0%

Italy

NHN 2.8% 2.8% 2.9% 2.9% 2.8% 2.8%

NS 2.7% 2.9% 2.7% 2.7% 2.7% 2.8%

MS 2.8% 2.9% 2.8% 2.8% 2.7% 2.8%

OE 2.9% 2.7% 2.6% 2.8% 2.7% 2.7%

All 2.8% 2.9% 2.7% 2.8% 2.7% 2.8%




G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

FIGURE G2A Total Salary Budget Increases, by Employee Category (zeros included) (continued)

Employee Category



Japan

NHN 2.3% 2.3% 2.4% 2.5% 2.6% 2.5%

NS 2.5% 2.5% 2.6% 2.5% 2.6% 2.5%

MS 2.5% 2.4% 2.6% 2.5% 2.7% 2.5%

OE 2.6% 2.5% 2.5% 2.5% 2.6% 2.5%

All 2.5% 2.4% 2.6% 2.5% 2.6% 2.5%

Mexico

NHN 4.4% 4.7% 4.5% 4.5% 4.6% 4.5%

NS 4.4% 4.7% 4.5% 4.5% 4.5% 4.5%

MS 4.4% 4.7% 4.5% 4.5% 4.5% 4.5%

OE 4.6% 4.8% 4.6% 4.5% 4.8% 4.5%

All 4.4% 4.7% 4.5% 4.5% 4.6% 4.5%

Netherlands

NHN 2.8% 3.0% 2.9% 3.0% 2.9% 3.0%

NS 2.9% 3.0% 2.8% 2.9% 2.9% 3.0%

MS 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

OE 2.9% 3.0% 3.0% 3.0% 3.0% 3.0%

All 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

Russia

NHN** * * 8.7% 8.3% 8.3% 8.0%

NS * * 8.8% 8.0% 9.2% 8.0%

MS * * 8.7% 8.0% 9.0% 8.0%

OE** * * 8.1% 8.0% 8.5% 8.0%

All * * 8.6% 8.0% 8.9% 8.0%

Singapore

NHN 4.3% 4.5% 4.5% 4.4% 4.5% 4.3%

NS 4.2% 4.3% 4.3% 4.4% 4.4% 4.4%

MS 4.3% 4.4% 4.4% 4.4% 4.4% 4.5%

OE 4.2% 4.5% 4.5% 4.4% 4.5% 4.5%

All 4.3% 4.4% 4.4% 4.4% 4.4% 4.4%

Spain

NHN 2.5% 2.5% 2.6% 2.5% 2.6% 2.5%

NS 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

MS 2.5% 2.5% 2.6% 2.5% 2.6% 2.5%

OE 2.2% 2.5% 2.3% 2.3% 2.4% 2.4%

All 2.4% 2.5% 2.5% 2.5% 2.5% 2.5%

Sweden

NHN** * * 2.9% 3.0% 3.1% 3.0%

NS * * 2.8% 2.9% 2.9% 3.0%

MS * * 2.8% 3.0% 2.9% 3.0%

OE** * * 2.5% 2.9% 2.7% 2.7%

All * * 2.8% 2.9% 2.9% 3.0%

Switzerland

NHN** 2.3% 2.4% 2.4% 2.5% 2.4% 2.5%

NS 2.3% 2.2% 2.1% 2.2% 2.2% 2.3%

MS 2.3% 2.2% 2.2% 2.2% 2.3% 2.4%

OE 2.2% 2.2% 2.1% 2.0% 2.4% 2.3%

All 2.3% 2.2% 2.2% 2.2% 2.3% 2.5%




GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

FIGURE G2A Total Salary Budget Increases, by Employee Category (zeros included) (continued)

Employee Category



United Kingdom

NHN 2.9% 3.0% 2.9% 3.0% 3.0% 3.0%

NS 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

MS 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

OE 3.0% 3.0% 2.9% 3.0% 3.1% 3.0%

All 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

United States

NHN 2.9% 3.0% 2.9% 3.0% 3.0% 3.0%

NS 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

ES 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

OE 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

All 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

*Data not gathered. **This data may represent a small sample size of less than 30 responses. Please refer to figure G2.

FIGURE G2B Total Salary Budget Increases, by Employee Category (zeros NOT included)

Employee Category



Australia

NHN 3.7% 4.0% 3.6% 3.8% 3.7% 3.8%

NS 3.8% 3.9% 3.6% 3.6% 3.6% 3.5%

MS 3.8% 3.9% 3.6% 3.6% 3.6% 3.6%

OE 3.7% 3.6% 3.6% 3.7% 3.6% 3.5%

All 3.8% 3.9% 3.6% 3.7% 3.6% 3.6%

Belgium

NHN 2.8% 3.0% 2.6% 2.6% 2.6% 2.8%

NS 2.8% 2.8% 2.5% 2.5% 2.6% 2.5%

MS 2.8% 2.8% 2.6% 2.5% 2.8% 2.7%

OE** 2.7% 2.8% 2.7% 2.8% 2.8% 2.8%

All 2.8% 2.8% 2.6% 2.5% 2.7% 2.6%

Brazil

NHN 7.4% 7.5% 7.9% 8.0% 7.7% 8.0%

NS 7.5% 7.5% 7.6% 7.8% 7.5% 7.9%

MS 7.5% 7.5% 7.6% 7.8% 7.6% 7.9%

OE 7.0% 7.1% 7.5% 7.7% 7.6% 7.9%

All 7.4% 7.5% 7.6% 7.8% 7.6% 8.0%

Canada

NHN 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

NS 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

MS 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

OE 3.2% 3.0% 3.0% 3.0% 2.9% 3.0%

All 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

China

NHN 8.4% 8.5% 8.0% 8.0% 7.8% 8.0%

NS 8.3% 8.4% 7.8% 8.0% 7.8% 8.0%

MS 8.2% 8.3% 7.7% 8.0% 7.8% 8.0%

OE 8.0% 8.2% 7.9% 8.0% 8.0% 8.0%

All 8.2% 8.4% 7.8% 8.0% 7.8% 8.0%




G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

Employee Category



France

NHN 2.9% 3.0% 2.9% 2.8% 2.8% 2.8%

NS 2.8% 2.9% 2.8% 2.8% 2.8% 2.8%

MS 2.9% 2.9% 2.8% 2.8% 2.8% 2.8%

OE 2.7% 2.7% 2.6% 2.5% 2.6% 2.5%

All 2.8% 2.9% 2.8% 2.8% 2.8% 2.8%

Germany

NHN 3.1% 3.0% 3.1% 3.0% 3.2% 3.0%

NS 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

MS 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

OE 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

All 3.1% 3.0% 3.0% 3.0% 3.0% 3.0%

India

NHN 10.8% 11.0% 11.0% 11.0% 11.1% 11.0%

NS 10.7% 11.0% 10.6% 11.0% 10.7% 11.0%

MS 10.7% 11.0% 10.6% 11.0% 10.7% 11.0%

OE 10.6% 11.0% 10.5% 11.0% 10.5% 11.0%

All 10.7% 11.0% 10.6% 11.0% 10.7% 11.0%

Italy

NHN 3.0% 2.9% 2.9% 2.9% 2.8% 2.8%

NS 2.8% 2.9% 2.7% 2.7% 2.7% 2.8%

MS 2.9% 3.0% 2.8% 2.8% 2.7% 2.8%

OE 2.9% 2.7% 2.8% 2.8% 2.7% 2.7%

All 2.9% 2.9% 2.8% 2.8% 2.7% 2.8%

Japan

NHN 2.4% 2.4% 2.4% 2.5% 2.6% 2.5%

NS 2.6% 2.5% 2.6% 2.5% 2.6% 2.5%

MS 2.6% 2.5% 2.7% 2.5% 2.7% 2.5%

OE 2.6% 2.5% 2.5% 2.5% 2.6% 2.5%

All 2.5% 2.5% 2.6% 2.5% 2.6% 2.5%

Mexico

NHN 4.5% 4.7% 4.6% 4.5% 4.8% 4.7%

NS 4.5% 4.7% 4.6% 4.5% 4.6% 4.5%

MS 4.5% 4.7% 4.5% 4.5% 4.6% 4.5%

OE 4.6% 4.8% 4.7% 4.5% 4.8% 4.5%

All 4.5% 4.7% 4.6% 4.5% 4.7% 4.5%

Netherlands

NHN 2.9% 3.0% 2.9% 3.0% 2.9% 3.0%

NS 3.0% 3.0% 2.8% 2.9% 2.9% 3.0%

MS 3.0% 3.0% 2.9% 3.0% 2.9% 3.0%

OE 2.9% 3.0% 3.0% 3.0% 3.0% 3.0%

All 3.0% 3.0% 2.9% 3.0% 2.9% 3.0%

Russia

NHN** * * 8.7% 8.3% 8.3% 8.0%

NS * * 8.8% 8.0% 9.2% 8.0%

MS * * 8.7% 8.0% 9.0% 8.0%

OE** * * 8.5% 8.0% 8.5% 8.0%

All * * 8.7% 8.0% 8.9% 8.0%

Singapore

NHN 4.5% 4.5% 4.5% 4.4% 4.6% 4.3%

NS 4.3% 4.4% 4.4% 4.4% 4.4% 4.4%

MS 4.4% 4.5% 4.4% 4.4% 4.4% 4.5%

OE 4.3% 4.5% 4.6% 4.4% 4.5% 4.5%

All 4.4% 4.5% 4.4% 4.4% 4.5% 4.4%

FIGURE G2B Total Salary Budget Increases, by Employee Category (zeros NOT included) (continued)




GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

FIGURE G2B Total Salary Budget Increases, by Employee Category (zeros NOT included) (continued)

Employee Category



Spain

NHN 2.6% 2.5% 2.6% 2.5% 2.6% 2.5%

NS 2.6% 2.5% 2.5% 2.5% 2.5% 2.5%

MS 2.6% 2.5% 2.6% 2.5% 2.6% 2.5%

OE 2.3% 2.5% 2.4% 2.3% 2.4% 2.4%

All 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Sweden

NHN** * * 2.9% 3.0% 3.1% 3.0%

NS * * 2.9% 3.0% 2.9% 3.0%

MS * * 2.9% 3.0% 3.0% 3.0%

OE** * * 2.7% 2.9% 2.7% 2.7%

All * * 2.9% 2.9% 2.9% 3.0%

Switzerland

NHN** 2.4% 2.5% 2.4% 2.5% 2.5% 2.5%

NS 2.4% 2.2% 2.2% 2.2% 2.3% 2.3%

MS 2.4% 2.2% 2.3% 2.2% 2.3% 2.5%

OE 2.4% 2.2% 2.2% 2.0% 2.4% 2.3%

All 2.4% 2.2% 2.3% 2.2% 2.4% 2.5%

United Kingdom

NHN 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

NS 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

MS 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

OE 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%

All 3.1% 3.0% 3.0% 3.0% 3.1% 3.0%

United States

NHN 3.0% 3.0% 3.0% 3.0% 3.1% 3.0%

NS 3.0% 3.0% 3.1% 3.0% 3.1% 3.0%

ES 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%

OE 3.1% 3.0% 3.2% 3.0% 3.2% 3.0%

All 3.1% 3.0% 3.1% 3.0% 3.1% 3.0%

*Data not gathered. **This data may represent a small sample size of less than 30 responses. Please refer to figure G2.




G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

FIGURE G3 Number of Months Between Increases



Australia 12.3 12.0 12.3 12.0 12.0 12.0

Belgium 12.1 12.0 12.3 12.0 12.1 12.0

Brazil 12.0 12.0 12.2 12.0 12.0 12.0

Canada 12.5 12.0 12.3 12.0 12.0 12.0

China 12.2 12.0 12.1 12.0 11.9 12.0

France 12.3 12.0 12.2 12.0 12.0 12.0

Germany 12.3 12.0 12.3 12.0 12.0 12.0

India 12.1 12.0 12.1 12.0 12.0 12.0

Italy 12.4 12.0 12.2 12.0 12.0 12.0

Japan 12.3 12.0 12.1 12.0 12.0 12.0

Mexico 12.5 12.0 12.2 12.0 12.0 12.0

Netherlands 12.3 12.0 12.1 12.0 12.0 12.0

Russia * * 12.0 12.0 12.0 12.0

Singapore 12.2 12.0 12.3 12.0 11.9 12.0

Spain 12.2 12.0 12.0 12.0 12.1 12.0

Sweden * * 12.1 12.0 12.1 12.0

Switzerland 12.2 12.0 12.1 12.0 12.1 12.0

United Kingdom 12.4 12.0 12.2 12.0 12.0 12.0

United States 12.6 12.0 12.4 12.0 12.2 12.0



GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

2015 2016

Actual Increase Average

Inflation (Projected)


Planned Increase Average

Executive Management Professional Employee

Europe

Austria 2.2 1.1 1.2 3.5 3.1 2.8 2.5

Belgium 1.1 0.4 0.5 3.0 2.7 2.4 2.1

Cyprus 2.5 1.8 1.7 4.0 3.6 3.5 3.0

Czech. Republic 1.6 0.6 0.8 3.0 2.7 2.5 2.2

Denmark 1.8 0.4 0.5 3.5 3.1 2.8 2.7

Estonia 1.2 0.1 0.2 2.5 2.2 2.1 2.0

Euro Zone 1.6 0.5 0.6 3.5 3.1 2.7 2.2

Finland 1.4 0.3 0.2 3.3 3.1 2.7 2.1

France 2.3 0.4 0.5 3.6 3.3 3.1 2.7

Germany 2.6 0.9 1.1 4.0 3.6 3.2 3.0

Greece 2.1 (1.9) (1.8) 3.0 2.5 2.3 2.1

Hungary 2.2 (0.2) 0.1 3.3 3.1 2.7 2.3

Iceland 3.3 1.5 1.6 4.0 3.8 3.6 3.2

Irish Republic 2.1 0.1 0.3 3.1 3.0 2.8 2.4

Italy 2.2 0.2 0.4 3.3 3.1 2.9 2.5

Latvia 2.8 0.7 0.7 3.0 2.4 2.1 2.1

Lithuania 2.2 0.1 0.2 3.0 2.1 2.0 1.9

Luxembourg 2.3 0.4 0.5 3.5 3.3 3.1 3.0

Netherlands 2.2 0.7 0.8 3.8 3.4 3.2 3.1

Norway 3.5 1.2 1.3 4.5 4.1 4.0 3.8

Poland 3.1 0.3 0.4 3.5 3.2 3.1 2.6

Portugal 2.3 0.4 0.4 3.0 2.5 2.2 2.1

Russia 20.2 18.2 20.8 22.0 20.7 20.2 20.1

Slovak Republic 3.1 0.1 0.3 3.2 3.0 2.8 2.7

Slovenia 3.3 0.8 0.8 3.0 2.8 2.5 2.1

Spain 1.7 (0.4) (0.3) 3.0 2.5 2.2 1.9

Sweden 2.0 0.1 0.2 2.5 2.2 2.0 2.0

Switzerland 1.5 (0.1) 0.1 2.6 2.3 2.2 1.9

Ukraine 50.1 56.1 54.6 55.1 54.8 54.7 54.6

United Kingdom 3.2 1.1 1.2 4.0 4.2 4.1 3.8

FIGURE G4 International Merit Increases & Inflation

The following table was provided by Strategic Rewards

Group and includes global comparisons of ave rage increase

and inflation information for 72 countries within four major

regions. The information was collected from more than 7,100

Strategic Rewards Group clients and includes increases that

were awarded in 2015 and projections for 2016 in four cate-

gories: executive, management, professional and employee.

Data in this figure were collected, analyzed and reported

by SRG. For the best comparison between WorldatWork and

SRG data, please compare the general increase/COLA and

merit increase rows of Figure G1b to Figure G4. Please note

that discrepancies in data are possible due to differences

in methodologies and sample sizes. Please see page 55

for more information.



G

LOB

AL

S

ala

ry B

ud

ge

t In

cre

ase

s

FIGURE G4 International Merit Increases & Inflation (continued)

2015 2016






Asia Pacific

Australia 3.5 1.6 1.7 4.0 3.8 3.7 3.5

Bangladesh 8.3 7.1 7.2 9.0 8.6 8.4 7.6

China 7.6 6.4 6.3 7.5 7.1 7.0 6.5

Hong Kong 5.4 3.1 3.2 5.7 6.3 5.2 5.1

India 6.7 5.2 5.4 7.5 7.1 6.9 6.3

Indonesia 7.6 6.9 7.0 8.7 8.2 7.9 7.5

Japan 3.5 2.4 2.5 4.0 3.3 3.1 2.7

Korea (South) 3.1 0.6 0.7 3.5 2.8 2.6 2.2

Malaysia (Pen.) 3.5 2.1 2.0 4.0 3.8 3.7 3.5

New Zealand 3.1 1.3 1.4 3.6 3.4 3.2 3.1

Pakistan 5.2 3.1 3.3 4.8 4.1 3.8 3.5

Philippines 4.7 2.6 2.5 4.5 4.2 3.8 3.1

Singapore 3.8 0.6 0.8 4.5 4.3 4.1 3.7

Sri Lanka 3.5 0.6 0.8 3.6 3.1 2.7 2.5

Taiwan 3.1 0.3 0.4 3.0 2.8 2.5 2.3

Thailand 3.0 0.3 0.4 3.0 2.7 2.4 2.1

Vietnam 5.1 2.3 2.5 5.5 4.8 4.4 3.8

Africa/ Middle East

Bahrain 4.1 2.1 2.3 4.0 3.7 3.6 3.2

Egypt 13.6 12.1 12.3 14.0 13.8 13.6 12.8

Israel 3.0 (0.2) (0.1) 3.5 3.1 3.0 2.9

Kenya 7.3 6.3 6.4 9.0 8.4 8.2 7.8

Lebanon 3.2 1.3 1.5 3.5 3.3 3.2 2.8

Nigeria 9.3 8.6 8.7 10.3 10.0 9.7 9.3

Oman 3.4 1.7 1.8 3.5 3.2 3.1 2.8

Saudi Arabia 4.0 2.5 2.7 4.5 4.3 4.1 3.8

South Africa 6.9 4.8 4.9 6.5 5.8 5.5 5.1

Turkey 10.3 8.2 8.4 10.5 10.2 10.1 9.6

UAE 5.2 3.8 3.8 5.5 5.2 5.1 5.0

Zimbabwe* 2.8 0.3 0.4* 2.5 2.2 2.1 1.8



GLO

BA

LS

ala

ry Bu

dg

et In

cre

ase

s

FIGURE G4 International Merit Increases & Inflation (continued)

2015 2016






Latin America

Argentina 25.2 24.8 22.9 25.0 24,6 24.0 23.2

Brazil 9.8 8.3 8.6 10.5 10.1 9.7 9.2

Chile 5.7 4.1 4.2 6.0 5.7 5.1 4.8

Colombia 6.2 4.7 4.9 7.5 7.2 7.1 6.8

Costa Rica 5.9 4.1 4.1 6.0 5.6 5.4 5.1

Ecuador 5.5 4.4 4.5 6.0 5.8 5.5 4.7

Guatemala 5.1 3.7 3.8 6.0 5.4 5.2 4.8

Mexico 5.6 3.2 3.5 6.5 6.2 6.1 5.7

Panama 5.4 3.1 3.2 5.5 5.2 4.7 4.1

Peru 4.8 3.1 3.3 5.0 4.7 4.6 4.1

Puerto Rico 3.0 1.1 1.2 3.5 3.2 3.0 2.9

Venezuela 68.0 66.3 65.9 68.0 67.4 67.1 66.3

North America

Canada 3.3 0.9 1.8 3.5 3.3 3.2 3.1

USA 3.5 1.3 1.5 4.0 3.8 3.7 3.0

Notes:

❚❙ SRG’s regular annual salary planning survey is conducted May/June 2015. The annual survey has been conducted since 1980.

❚❙ Planned increase averages includes both the average merit increase and the average inflation-based pay increase.

❚❙ SRG does not count zeros reported.

❚❙ Merit salary survey data for 2015 and 2016 (newly projected) was obtained from over 7,150 clients and general survey participants.

❚❙ In higher inflation countries, increases may be given more frequently than annual.

❚❙ CPI data provided by The World Bank, IMF, and the London School of Economics, Barclays Bank, and the Economist Intelligence Unit.

❚❙ Sector-specific increases are available upon request for a nominal fee (e.g., Bio-tech, E&C, High-tech, INGO/NGO, Pharmaceutical, Professional Services). (e.g. Brazil- Rio de Janerio, Sao Paulo, and Brazilia).

❚❙ A total of 72 countries (plus Euro Zone average) are listed, but data is available for another 62 countries. Specific labor markets and/or sectors are available for $250 per location (e.g. Brazil- Rio de Janerio, Sao Paulo, and Brazilia).

❚❙ For more information about the survey from SRG, please contact [email protected]

* Zimbabwe — rampant inflation has given rise to dollarization (USD).

Survey definitions for employee category:

❚❙ Executives — Officials, elected or appointed, and their equivalent business unit or function heads.

❚❙ Managers — Management in operational and functional roles not considered “Top”.

❚❙ Professional — Professionals having a degreed or commonly recognized field of knowledge/work, which may (or not) include the supervision of personnel. May also include key contributors and supervisors.

❚❙ Employee — Regular operational and functional employees not having any supervisory responsibility.


U.S. Organizations

P A R T I C I P A N T L I S T I N G

UN

ITE

D S

TAT

ES

Pa

rtic

ipa

nt

Lis

tin

g

Accommodation & Food Services

Arby’s Restaurant Group Inc.Bloomin’ Brands Inc.Bob Evans FarmsBrinker InternationalBuffalo Wild Wings Inc.Carlson Rezidor Hotel GroupCC’s Coffee HouseChipotle Mexican GrillDunkin’ Brands Inc.Frisch’s Restaurants Inc.G6 Hospitality LLCHyatt Hotels Corp.InterContinental Hotels GroupInternational Dairy QueenIntrawest Resort HoldingsJack in the Box Inc.Marriott InternationalMcDonald’s Corp.Red RobinSodexoSonic Corp.Starwood Hotels & Resorts

Worldwide Inc.Starwood Vacation

Ownership Inc.The Cosmopolitan of Las VegasThe Marcus Corp.The Wendy’s Co.TMI HospitalityWhataburger RestaurantsWhite Castle System Inc.Win With HR

Administrative & Support & Waste Management & Remediation Services

AAA NortheastAllconnect Inc.Alta ResourcesAmerinet Inc.Berkshire Associates Inc.BioBridge GlobalCH2M HILL Plateau

Remediation Co.CH2MHill B&W West Valley LLCCity of LovelandDLA Piper LLP USEmployers CouncilEmployers Resource AssociationEnergySolutionsExpert Global SolutionsGeneral Dynamics Corp.InsperityInterpublic GroupLifetouch Inc.Mission Support Alliance LLC

Orange County Government Florida

Orbitz Worldwide Inc.Performant Financial Corp.Republic ServicesRoad ScholarServiceMasterSutter Health System OfficeSutter Physicians Services (SPS)URS | CH2M Oak Ridge

LLC (UCOR)Vector Security Inc.Washington River

Protection SolutionsWaste ManagementWaste Pro USA Inc.

Agriculture, Forestry, Fishing & Hunting

GROWMARK Inc.J.R. Simplot Co.MonsantoPlum Creek Timber Co. Inc.Syngenta Crop ProtectionThe Andersons Inc.The MaschhoffsWeyerhaeuserZinpro Corp.

Arts, Entertainment & Recreation

Boyd Gaming Corp.Choctaw Nation of OklahomaChumash Casino ResortDesert Mountain ClubEquinoxHolland America LineJ. Paul Getty TrustLive Nation EntertainmentMadison Square Garden Co.MGM Resorts InternationalMohegan SunMultnomah Athletic ClubNational AquariumNational Basketball AssociationSMSC Gaming EnterpriseThe Historic New Orleans

CollectionThe Walt Disney Co.TransatWaterville Valley Resort

Construction

Aegion Corp.Algeco ScotsmanBalfour Beatty Construction USBrookfield Residential

Properties Inc.CDM Smith Inc.

Day & Zimmermann Inc.EMCOR Group Inc.FluorFreemanGeoneco Management LLCHenkels & McCoyJacobs Engineering Group Inc.JE Dunn Construction Co.M/I Homes, Inc.Matrix Service Co.Mattamy Homes Ltd.McKinstryMeritage HomesNPL Construction Co.PCL Constructors Inc.PulteGroup Inc.The Walsh GroupWashington Closure Hanford LLCWood Group MustangZachry

Educational Services

ACT Inc.Allen InstituteAmerican Association of

Community CollegesApollo Education Group Inc.Ball State UniversityBoston CollegeBridgepoint EducationBrigham Young UniversityBucknell UniversityCalifornia Institute of TechnologyCapella Education Co.Career Education Corp.Carnegie Mellon UniversityCollege of Western IdahoColumbia UniversityConnections EducationCreighton UniversityDePaul UniversityDeVry Education GroupDrexel UniversityEmory UniversityFairleigh Dickinson UniversityGeorgia Institute of TechnologyHarrisburg Area

Community CollegeHobsons IncJohns Hopkins UniversityK12Kamehameha SchoolsKnowledge UniverseLearning Care Group Inc.Maricopa County Community

College DistrictMedical College of WisconsinMilton Hershey School

Minneapolis Public SchoolsMissouri State UniversityMount Holyoke CollegeNew York UniversityNorthfield Mount HermonNorthwestern UniversityNova Southeastern UniversityOncology Nursing SocietyPearsonPortland Community CollegePrinceton UniversityProQuest LLCRensselaer Polytechnic InstituteRhode Island School of DesignRosetta StoneSchool Improvement NetworkSmith CollegeSouthern Methodist UniversitySouthwest College of

Naturopathic MedicineSt. John’s UniversityStanford UniversityStudyGroupSUNY Stony Brook UniversityTGTufts UniversityUniversal Technical Institute Inc.University of AkronUniversity of Alabama at

BirminghamUniversity of California, Office of

the PresidentUniversity of Central FloridaUniversity of ChicagoUniversity of DaytonUniversity of IdahoUniversity of IowaUniversity of Maryland

University CollegeUniversity of Massachusetts

Medical SchoolUniversity of MiamiUniversity of MichiganUniversity of MissouriUniversity of Notre DameUniversity of PennsylvaniaUniversity of RichmondUniversity of RochesterUniversity of Southern CaliforniaUniversity of St. ThomasUniversity of Texas Health

Science Center at San AntonioUniversity of Texas System

AdministrationUtah Valley UnivesityWashington University

in St. LouisWellesley CollegeWest Virginia University



U.S. Organizations

UN

ITE

D S

TAT

ES

Pa

rticip

an

t Listin

g

Xavier UniversityYoung Presidents’

Organization Inc.

Finance & InsuranceCredit Intermediation & Related Activities

AgFirstAgStar Financial ServicesAlliance Data SystemsAmerican Airlines Federal

Credit UnionAmerican National Bank of TexasAnheuser-Busch Employees’

Credit UnionArvestBBVA COMPASSBMO Harris BankBOK FinancialBranch Banking & TrustCoBank ACBDLLEquifaxEverBankFederal Home Loan

Bank of BostonFederal Home Loan Bank of

Des MoinesFederal Home Loan Bank of

PittsburghFHLB CincinnatiFirst Financial BankFNB Community BankFort Knox Federal Credit UnionFrost BankGM FinancialGreenStone Farm Credit ServicesHyundai Capital AmericaLake Federal Bank FSBMasterCardMountain America Credit UnionNavientNavy Federal Credit UnionNRUCFCPatelco Credit UnionPeoples United Bank N.A.Princeton Federal Credit UnionPrivate Bancorp Inc.Rabobank N.A.ScotiabankSouthCrest Bank N.A.STAR Financial BankSunTrust BanksSynovus BankTravis Credit UnionUS Federal Credit UnionVisa Inc.Wells Fargo & Co.Western Union

Finance & InsuranceFunds, Trusts & Other Financial Vehicles

AgriBankAscensusAstoria BankBremer Financial Corp.Capital GroupCarFinance CapitalChurch Pension Group

Services Corp.CO-OP Financial ServicesEaton Vance ManagementESL Federal Credit UnionFarm Credit Services of AmericaFreedom MortgageGuideStone Financial ResourcesInter-American

Development BankInvesco Ltd.Liberty BankNBT Bancorp Inc.Northern Trust Corp.Pioneer InvestmentsPlainsCapital Corp.Provident Bank-NJTeacher Retirement

System of Texas

Finance & InsuranceInsurance Carriers & Related Activites

AAA NationalAAA NCNUAetnaAffinity Health PlanAflacAIPSOAllianzAllianz Global AssistanceAllstate Insurance Co.American Enterprise GroupAmerican NationalAmeriHealth Caritas

Family of Cos.Amerisure Mutual Insurance Co.Ameritas Life Insurance Corp.Amica Mutual Insurance Co.Anthem Inc.Assurant Inc.Automobile Club of Southern

CaliforniaAXIS Capital Holdings Ltd.Berkley North PacificBlue Cross and Blue Shield of

Kansas CityBlue Cross Blue Shield

AssociationBlue Cross Blue Shield of ArizonaBlue Cross Blue Shield of Kansas

Blue Cross Blue Shield of Louisiana

Blue Cross Blue Shield of MABlue Cross Blue Shield

of MichiganBlue Cross Blue Shield

of MinnesotaBlue Cross Blue Shield

of NebraskaBlue Cross of IdahoBlue Shield of CaliforniaBlueCross BlueShield of

South CarolinaBlueCross BlueShield

of TennesseeCalifornia Casualty

Management Co.Cambia Health SolutionsCareFirst BCBSCelina Insurance GroupCentene Corp.CignaCitizens Property

Insurance Corp.CNA InsuranceConnectiCare Capital LLCCOPIC Cos.CopperPoint Mutual InsuranceCOUNTRY FinancialCUNA Mutual GroupDelta Dental of CaliforniaDelta Dental Plan of MichiganEastern Alliance Insurance GroupEMC Insurance Cos.Erie Insurance GroupEsuranceFallon HealthFarmersFederated Mutual Insurance Cos.First American Financial Corp.FirstPersonFlorida BlueFM GlobalForestersFrankenmuth InsuranceGermania Insurance Co.Grange Mututal Casualty Co.Great American Insurance GroupGreat West FinancialGuideOne Insurance Co.Harvard Pilgrim Health CareHealth NetHealth New EnglandHealth Partners PlansHighmark HealthHomesite InsuranceHorizon Blue Cross Blue

Shield of NJICW Group Holdings Inc.Independence Blue Cross

Indiana Farm Bureau InsuranceInfinity InsuranceInter Valley Health PlanJackson National LifeKaiser PermanenteKansas City Life Insurance Co.Kemper Personal &

Commercial LinesLAMMICOLiberty Mutual InsuranceLife & Specialty VenturesLincoln Finanical GroupLL Global Inc.Local Initiative Health Authority

for Los Angeles CountyLouisiana Workers’

Compensation Corp.M Financial GroupMassMutualMedicaMedical Mutual of OhioMercury Insurance GroupMetLifeMGICMichigan Farm BureauMunich American

Reassurance Co.Mutual of OmahaMutual Trust Financial GroupMVP Health CareNationwide InsuranceNautilus Insurance GroupNCCI Holdings Inc.Neighborhood Health PlanNew York Life Insurance Co.NJM Insurance GroupNolan FinancialNorthwestern MutualOdyssey Reinsurance Co. Ohio Mutual Insurance GroupOneAmerica Financial

Partners Inc.Pacific Life InsurancePennsylvania National Mutual

Casualty Insurance Co.Philadelphia Insurance Cos.Phoenix Cos.Pinnacol AssurancePrimericaProtective LIfe Corp.PrudentialQBE North AmericaRadian Group Inc.Reinsurance Group of AmericaRepublic Underwriters

Insurance Co.RLI Insurance Co.SAIF Corp.Securian Financial Group


U.S. Organizations


UN

ITE

D S

TAT

ES

Pa

rtic

ipa

nt

Lis

tin

g

Sompo Japan Nipponkoa America

Southern Farm Bureau Life Insurance Co.

Stancorp Financial Group Inc.State Auto Insurance Cos.State Farm InsuranceSymetraTexas Mutual Insurance Co.Texas Windstorm Insurance

AssociationThe Bar Plan Mutual

Insurance Co.The Main Street America GroupThe Motorists Insurance GroupThe Progressive Corp.The Warranty GroupThrivent FinancialTopa Insurance GroupTransamericaTrupanionTufts Health PlanUnitedHealth GroupUnum GroupVoya FinancialVSP GlobalWellCare Health PlansWest Bend Mutual Insurance Co.Western National Mutual

Insurance Co.Westfield GroupWillisXL GroupZurich North America

Finance & InsuranceMonetary Authorities - Central Bank

American Savings Bank fsbBank SNBBoard of Governors of the

Federal Reserve SystemCapital Bank Financial Corp.Columbia BankEastern BankFederal Reserve Bank of AtlantaFederal Reserve Bank of BostonFederal Reserve Bank

of ClevelandFederal Reserve Bank of DallasFederal Reserve Bank of

Kansas CityFederal Reserve Bank of

MinneapolisFederal Reserve Bank of

San FranciscoFederal Reserve Bank

of St. LouisFifth ThirdFirst BusinessFirst National Bank of Omaha

First Oklahoma BankFulton Financial Corp.Hancock Holding Co.Huntington National BankJohnson Financial GroupM&T Bank Corp.Midland States BankNavigant Credit UnionRockland TrustRoyal Bank of CanadaSandy Spring BankTheBancorpU.S. BankVantage West Credit Union

Finance & InsuranceSecurities, Commodity Contracts & Other Financial Investments & Related Activities

ACESAmeriprise FinancialBairdBarclaycardUSCapital One FinancialCharles Schwab & Co. Inc.Chicago Board

Options ExchangeCME GroupComputershareCullen/Frost Bankers Inc.DST SystemsEdward JonesFannie MaeFederal Home Loan Bank TopekaFidelity InvestmentsFINRAFirst Midwest BankFranklin TempletonInfinity FCUJanus Capital GroupLPL FinancialMFS InvestmentsNational Futures AssociationNorthStar Financial

Services Group LLCPRA Group Inc.Principal Financial GroupRaymondJamesSecurities America

Financial Corp.Security Benefit Corp.Swiss ReTD AmeritradeThe Options Clearing Corp.Waddell & ReedWellington ManagementWestern UnionWilshire Associates

Health Care & Social AssistanceAmbulatory Health Care Services, Nursing & Residential Care Facilities & Social Asstistance

Abramson Center for Jewish LifeAccentCareAdvantageCare PhysiciansAtrius Health/Harvard Vanguard

Medical AssociateBrookdale Senior LivingCARTI Inc.CHI Health at HomeCMU Medical Education PartnersCovenant Management SystemsDana-Farber Cancer InstituteDiscover Goodwill of

SW ColoradoExpress-ScriptsFather Flanagan’s Boys’ HomeFresenius Medical Care

North AmericaGolden LivingGoodwill Industries of

Southeastern Wisconsin and Metropolitan Chicago

Group Health Cooperative of South Central Wisconsin

Gulf Coast Regional Blood Center

Hazelden Betty Ford FoundationJohnson & JohnsonKelsey-Seybold ClinicMagellan Health Inc.Management Sciences for HealthMather LifeWaysMerck & Co.Miraca Life SciencesNew York Public LibraryNorthwest Permanente P.C.Otterbein HomesPlanned Parenthood of

Greater TexasPrime Therapeutics LLCSpecialists On CallTrinity HealthUniversity of Maryland Faculty

Physicians Inc.University of Minnesota PhysiciansUniversity of Wisconsin Medical

FoundationUW PhysiciansWeill Cornell Medical CollegeWillamette View Inc.

Health Care & Social AssistanceHospitals

Abrazo Community Health Network

Advocate Health Care

Agnesian HealthCareAllegheny Health NetworkAllina HealthAsanteAscension HealthAspirus Inc.Atlantic Health SystemAtlantiCare Regional

Medical CenterAvera HealthBanner HealthBaptist Easley HospitalBaptist HealthBaptist Health South FloridaBayCare Health SystemBaystate HealthBeaumont Health CareBJC HealthCareBlood SystemsBon Secours Health SystemCancer Treatment Centers

of AmericaCape Cod Healthcare Inc.Catholic Health InitiativesCatholic Health Services of

Long IslandChildren’s Healthcare of AtlantaChildren’s Hospital ColoradoChildren’s Hospital of WisconsinChildren’s Medical

Center of DallasCincinnati Children’s Hospital

Medical CenterCity of HopeCleveland ClinicColorado Physicians

Medical Group PCCommunity Health Services

Professional Services Co.Connecticut Children’s

Medical CenterCottage Health SystemDignity HealthDuke University Health SystemFroedtert HealthGenesis HealthCare SystemGillette Children’s Specialty

HealthcareGreenville Health SystemHallmark Health SystemHCAHenry Ford Health SystemHouston MethodistInova Health SystemsINTEGRIS HealthIntermountain HealthcareKasier PermanenteKettering Health NetworkKindred Healthcare Inc.Lahey Hospital & Medical Center



U.S. Organizations

UN

ITE

D S

TAT

ES

Pa

rticip

an

t Listin

g

Lakeland Regional Health SystemLancaster General HealthLawrence + Memorial HospitalLee Memorial Health SystemLehigh Valley Health NetworkLifeBridge HealthMain Line HealthMaricopa Integrated

Health SystemMary Greeley Medical CenterMayo ClinicMcLaren Health Care Corp.McLeod HealthMD Anderson Cancer Center,

University of TexasMedExpressMemorial Health SystemMemorial Hermann

Healthcare SystemMercyMercy HealthMercy Hospital, Iowa CityMeridian HealthMethodist Health SystemMethodist HospitalsMethodist Lebonheur HealthcareMidMichigan HealthMount Sinai Health SystemNationwide Children’s HospitalNavicent HealthNewton Medical CenterNewYork-Presbyterian HospitalNorthShore University

HealthSystemNorthside HospitalNSLIJ Health SystemOhioHealth Corp.Oswego HealthPalmetto HealthPalmetto Health - CorporatePenn State Hershey

Medical CenterPhoenix Children’s HospitalPiedmont HealthcarePinnacle Health SystemPioneers Memorial

Healthcare DistrictPremier HealthPresence HealthProHealth Care Inc.Providence Health ServicesRegional HealthRegions HospitalRehabilitation Institute

of ChicagoRiverside Medical CenterRush University Medical CenterSaint Agnes Medical CenterSaint Francis Health SystemSaint Luke’s Health System

Saint Mary’s HospitalSalem HealthSeattle Children’s HospitalShriners Hospitals for Children

International HQSouthcoast HealthSoutheastHEALTHSouthern Illinois HealthcareSouthern New Hampshire

Health SystemSpectrum HealthSSM HealthSt. Joseph HealthSt. Vincent’s Health SystemSt. Cloud HospitalSt. Francis Hospital &

Medical CenterSt. Jude Children’s

Research HospitalSt. Luke’s Health SystemSt. Vincent HealthStanford Health CareSutter Medical Center

SacramentoTenet HealthcareTexas Children’s HospitalThe Children’s Hospital of

PhiladelphiaThe Christ Hospital

Health NetworkThe Nebraska Medical CenterThe Queen’s Medical CenterThedaCare Inc.Thomas Jefferson University

& HospitalsTuality HealthcareUMass MemorialUNC Health CareUnited Hospital CenterUnityPoint Health-Des MoinesUniversity Hospitals

Health SystemUniversity of Florida HealthUniversity of Maryland

Medical SystemUniversity of Michigan

Health SystemUniversity of New

Mexico HospitalsUniversity of Pennsylvania

Health SystemUniversity of Pittsburgh

Medical CenterUniversity of Vermont

Medical CenterUniversity of Wisconsin Hospitals

and ClinicsVCU Health SystemVidant HealthVirtua Health

West Virginia University Hospitals Inc.

Yakima Valley Memorial Hospital

InformationData Processing, Hosting and Related Services

Apptio Inc.Automatic Data Processing LLCAvalara Inc.AvidData Center Inc.EmdeonEquinixHitachi Data SystemsJamaPrime Care TechnologiesQ2 ebankingSoftware AG USA Inc.Total System Services

Inc. (TSYS)TransUnionT-System Inc.WorldPay

InformationPublishing Industries

Advance Central Services Inc.American GreetingsCengage LearningConsumer ReportsGannett Co. Inc.John Wiley & Sons Inc.LifeWay Christian ResourcesPenguin Random HouseStar Tribune Media Co. LLCTake-Two Interactive

Software Inc.Trend Micro Inc.Tribune Publishing Co.

InformationMotion Picture & Sound Recording Industries, Broadcasting (Except Internet) & Other Information Services

A+E NetworksACS TechnologiesAdvent SoftwareAmerican Public MediaANSYS Inc.Aspect SoftwareBlack Knight Financial ServicesCars.com LLCCincomCode 42 Software Inc.CommVault Systems Inc.CoStar GroupCSG International

DayNine Consulting Inc.Dex Media Inc.Discovery CommunicationsDocuSignDun and BradstreeteBay Inc.F5 NetworksFareportalFederal Reserve Information

TechnologyFox Networks GroupGfK SEGlu Mobile Inc.HubSpotIHSJack Henry & AssociatesMcGraw-Hill EducationMedNet Solutions Inc.Medrio Inc.Meridium Inc.Merrill Corp.Moody’sNeustarNielsenNokia On-Line Computer CenterOrchard Software Corp.Pegasystems Inc.PGiProgressPublic Broadcasting ServiceRocket FuelSabre Corp.SalesforceSAS InstituteSnapchatSunGardThe E. W. Scripps Co.Thomson ReutersTribune MediaTriZettoTwentieth Century Fox Filmed

EntertainmentUnisys Corp.United Data TechnologiesVantivVerisignVertex Inc.Viacom Inc.Warner Bros. EntertainmentWFP USAYellow Pages Digital & Media

Solutions Ltd.Zillow

Management of Companies & Enterprises

AZZ Inc.Chickasaw Nation Industries


U.S. Organizations


UN

ITE

D S

TAT

ES

Pa

rtic

ipa

nt

Lis

tin

g

High Co. LLCIngram Industries Inc.J.R. Simplot Co.Scripps Networks InteractiveSunrise Senior LivingThe Harding Group LLCThe Trustmark Cos.UTC Aerospace Systems

ManufacturingChemical Manufacturing

Abbott LaboratoriesAbbVieAcorda TherapeuticsAcorda Therapeutics Inc.Air Liquide USA LLCAir ProductsAlbemarle Corp.Americas StyrenicsAOC LLCApotexArysta LifeScience

North AmericaAvery DennisonBoehringer Ingelheim

Pharmaceuitcals Inc.Bristol-Myers Squibb Co.Cabot Corp.CapsugelCelanese InternationalCentrus Energy Corp.CF Industries Holdings Inc.ChevronPhillips ChemicalCombe Inc.Cristal USA Inc.CSLCSL BehringDaiichi Sankyo Inc.Dow Corning Corp.Dr. Reddy’s Laboratories Inc.DuPontEcolabEisai Inc.Eli Lilly and Co.Emergent BiosolutionsEndo International PLCFerring PharmaceuticalsFerro Corp.FMC Corp.Fresenius KabiGold Eagle Co.H.B. Fuller Co.Hexcel Corp.Incyte Corp.Ipsen Biopharmaceuticals Inc.J. R. Simplot Co.Lexicon Pharmaceuticals Inc.Linde NA Inc.

LonzaLyondellBasellMallinckrodt PharmaceuticalsMeda PharmaceuticalsMorton Salt Inc.NewMarket Corp.Nexeo SolutionsNOVA ChemicalsNovo Nordisk Inc.Novozymes North AmericaOccidental Chemical Corp.OCI Enterprises Inc.OM Group Inc.Otsuka PharmaceuticalsPatheonPfizer Inc.Piramal Enterprises Ltd.PolyOnePotash Corp. of

Saskatchewan Inc.Praxair Inc.Roche DiagnosticsS.C. Johnson & Son Inc.Sanofi USSealed Air Corp.Solenis LLCSolvay USA and Solvay AmericaSyngenta SeedsTeva PharmaceuticalsThe HallStar Co.The Scotts Miracle-Gro Co.The Sherwin-Williams Co.The Valspar Corp.TrinseoTronox Ltd.Umicore USA Inc.UnivarVentana Medical Systems Inc.W.R. GraceZoetis

ManufacturingComputer & Electronic Product Manufacturing

2020Altera Corp.AvaSure LLCBenchmark Electronics Inc.BlackBerry Ltd.BMC SoftwareBose Corp.Cabot Microelectronics Corp.Canon Solutions America Inc.Canon USA Inc.Canon Virginia Inc.Celestica Inc.Cerner Corp.Coherent Inc.

Crestron Electronics Inc.Digi InternationalDolby Laboratories Inc.Flextronics

International USA. Inc.GTECHIM Flash TechnologiesInsight Enterprises Inc.Inter-Coastal Electronics Inc.Kratos Electronic

Products DivisionKyocera International Inc.L-3 Communications

Telemetry-WestLake Shore Cryotronics Inc.LexisNexisLexmark Internationalmaxlinear Inc.Micron TechnologyMicrosemi Corp.Nintendo of AmericaNVIDIA Corp.ON SemiconductorOracle Corp.Otter ProductsPitney Bowes Inc.PrintronixRaytheon Co.Sharp Electronics Corp.Splunk Inc.STMicroelectronics Inc.SynapticsTexas InstrumentsToshiba America Business

Solutions Inc.Varian Medical SystemsVertafore Inc.Vision Solutions Inc.VMWAREWaters Corp.Zetron Inc.

ManufacturingElectrical Equipment, Appliance & Component Manufacturing

AmetekASCO Power TechnologiesAtmel Corp.Cubic Corp.Dialog SemiconductorElbit Systems of AmericaEnergizer Holdings Inc.Excelitas TechnologiesGLOBALFOUNDRIESMolexNXP SemiconductorsOmegaOSRAM Sylvania

Panasonic Automotive Systems of America

PanduitPhysio-ControlRegal Beloit Corp.RobertshawSkyworks Solutions Inc.TE Connectivity

ManufacturingFood, Beverage & Tobacco Product Manufacturing

ACH Food Cos. Inc.Agropur CooperativeAltria Group Inc.Barry CallebautBeam Suntory Inc.Big Heart Pet BrandsBlue Diamond GrowersBonduelle AmericasCP KelcoCampbell Soup Co.Community Coffee Co. LLCConAgra Foods Inc.Dawn Food Products Inc.Dr Pepper Snapple GroupDS Services of America Inc.Ferrara Candy Co.G&J Pepsi-Cola Bottlers Inc.General Mills Inc.Glanbia Performance NutritionGrande Cheese Co.Hormel Foods Corp.HP Hood LLCJ.R. Simplot Co.Johnsonville Sausage LLCJust Born Inc.Kellogg Co.Land O’Lakes Inc.Leprino Foods Co.McCain Foods Ltd.McCormick & Co. Inc.MillerCoorsMolson Coors Brewing Co.Mondelez International Inc.Nature’s Sunshine Products Inc.Nestle USANestle Purina PetCare Co.New Belgium BrewingOcean Spray Cranberries Inc.OSI Industries LLCPinnacle FoodsRemy Cointreau USAReynolds AmericanRich Products Corp.SABMiller (MBC)Schreiber Foods IncSimmons Foods



U.S. Organizations

UN

ITE

D S

TAT

ES

Pa

rticip

an

t Listin

g

The Coca-Cola Co. - CCNA/CCRThe Hershey Co.The Schwan Food Co.The WhiteWave Foods Co.The Wine GroupTreasury Wine EstatesVentura Foods LLCWayne Farms LLCWells Enterprises Inc.World’s Finest Chocolate Inc.

ManufacturingMachinery Manufacturing

Allied Motion TechnologiesASMLCummins Allison Corp.Deere & Co.DuravantElliottEmerson Fisher

Lifecycle ServicesFANUC America Corp.Fellowes Inc.Flowserve Corp.General Dynamics - Bath Iron

Works Corp.Graco Inc.Ingersoll Rand PLCJoy GlobalKONE Inc.Lennox International Inc.Lincoln ElectricMTS SystemsNordson Corp.Rolls-Royce North AmericaSolar Turbines Inc.Taco Inc.Terex Corp.The Manitowoc Co. Inc.The Toro Co.Volvo Group USWacker Neuson Corp.

ManufacturingMetal Manufacturing

AM Castle & Co.AMNS CalvertBabcock & WilcoxBlueScope SteelCarpenter Technology Corp.Charter Manufacturing Co. Inc.Donaldson Co. Inc.ESCO Corp.Fike Corp.Frank’s InternationalGibraltar IndustriesLearjet Inc.Leupold & Stevens Inc.

Link BeltModine Manufacturing Co.Mueller Water ProductsNSK Americas Inc.PfaudlerRytec Corp.Samuel, Son & Co. Ltd.Schnitzer Steel IndustriesThe Bilco Co.The Fulton Cos.TMK-IPSCOUnited States Steel Corp.Valmont IndustriesWorthington Industries

ManufacturingPaper Manufacturing, Printing & Related Support Activites

Appvion Inc.CimpressClearwater Paper Corp.Domtar Inc.GlatfelterGraphic Packaging InternationalInternational PaperJ. J. Keller & Associates Inc.KapStone Paper and

Packaging Corp.Katun Corp.Kimberly-ClarkLiberty Diversified

International Inc.MeadWestvaco Corp.Packaging Corp. of AmericaQuadGraphicsRayonier Advanced MaterialsRicoh Americas Corp.RR Donnelley & SonsSCA AmericasShurtape TechnologiesSmead Manufacturing Co.Southern Graphic SystemsTranscontinental Inc.Verso Corp.

ManufacturingPlastics & Rubber Products Manufacturing

A. Schulman Inc.Amcor Rigid PlasticsAnsellBemis Co. Inc.Berry Plastics - Victoria, TXHandgards Inc.Reynolds-PactivTech InternationalTekni-Plex Inc.Toray Plastics (America) Inc.

Tupperware Brands Corp.Yokohama Tire Corp.

ManufacturingTextile, Apparel, Leather & Allied Product Manufacturing

Brooks Sports Inc.Columbia Sportswear Co.Fruit of the Loom Inc.G&K ServicesGildan Activewear Inc.Hanesbrands Inc.Mohawk IndustriesNew Balance Athletic Shoe Inc.Nike Inc.Under Armour

ManufacturingTransportation Equipment Manufacturing

AAMAerojet RocketdyneCARDONE Industries Inc.Continental Automotive SystemsEmbraer AircraftExelis Geospatial SystemsFederal MogulFederal-Mogul Motorparts

(Global Sealing, Engine and Underhood Service)

Ford Motor Co.General Dynamics Land SystemsGeneral Motors Co.Gulfstream Aerospace Corp.InsituMAHLEMeritor Inc.Moog Inc.Polaris IndustriesRockwell CollinsStandardAeroTextron Inc.The Boeing Co.Tower InternationalUnion Tank Car Co.UTC Aerospace Systems

ManufacturingOther Miscellaneous Manufacturing

3M3M BrookingsABBAccuray Inc.Acushnet Co.Airbus Helicopters Inc.AlbeaAmneal PharmaceuticalsAmway

Andersen Corp.Ariens Co.Armstrong World IndustriesBarnes Group Inc.BaxterBemis Manufacturing Co.Biomet Inc.Bio-Rad LaboratoriesBoston ScientificBrunswickC.R. Bard Inc.Callaway Golf Co.Cantel MedicalCardiovascular Systems Inc.Carmeuse Lime & Stone Inc.CHS Inc.Clarion Safety Systems LLCCNHICobhamCSS Industries Inc.Curbell Inc. & SubsidiariesCurtiss-Wright Corp.Cytec Industries Inc.Danaher Corp.David Michael & Co. Inc.Dentsply International Inc.DNP Imagingcomm

America Corp.DraegerEatonEdwards LifesciencesEmerson Climate TechnologiesFirst SolarFiskars Brands Inc.FLIR Systems Inc.Formica Corp.Fortune Brands Home &

Security Inc.GAF MaterialsGeneral MotorsGREIFHalyard HealthHarbisonWalker InternationalHerman Miller Inc.Hillenbrand Inc.Hollister Inc.HollyFrontierHoughton InternationalHunter Douglas Inc.IDEX Corp.IDEXX Laboratories Inc.IlluminaIngalls ShipbuildingIntegra Life SciencesInternational Imaging

Materials Inc.Intertape Polymer GroupInvacare Corp.Johns Manville


U.S. Organizations


UN

ITE

D S

TAT

ES

Pa

rtic

ipa

nt

Lis

tin

g

Johnson ControlsJohnson Outdoors Inc.Jostens Inc.KH IndustriesKohler Co.L-3 Communications

Aerospace SystemsL-3 Communications Corp.L-3 Link Simulation & TrainingL-3 WESCAMLake Region MedicalLennar Corp.LydallMaquet Getinge GroupMasonite International Corp.MaterionMedtronic PLCModusLink Global SolutionsMonoSol RxMonroe EnergyMSA Safety Inc.Mylan Inc.National Gypsum Co.National Pen Co.NBTYNorbordNOW Health Group Inc.Orscheln ProductsOwens CorningPerrigo Co. PLCPolymer Group Inc.Printpack Inc.ResMed Inc.Savannah River Nuclear

Solutions LLCSerta Simmons Bedding LLCSnap-on Inc.Southco Inc.SPX Corp.St. Jude MedicalStanley Black & DeckerSteelcase Inc.STERIS Corp.STIHL Inc.StrykerTeknion Corp.Tempur Sealy International Inc.Tesla Motors Inc.Tesoro Corp.The Estee Lauder Cos.The Westervelt Co.Toray Composites (America)Toyota Boshoku AmericaTriMas Corp.Trimble Navigation Ltd.UnileverUnited Technologies Corp.USG Corp.

ValeroYKK Corp. of AmericaZimmer Inc.


Agnico Eagle Mines Ltd.Alcoa Inc.Anadarko PetroleumAramco Services Co.Arch Coal Inc.Barrick Gold of North AmericaBG GroupBHP Billiton PetroleumBill Barrett Corp.Calfrac Well ServicesCliffs Natural ResourcesCompass MineralsConocoPhillipsCore LaboratoriesCrescent Point EnergyDresser-RandEncana CoporationEnerflex Ltd.Enerplus Corp.EnscoEOG Resources Inc.Freeport-McMoRan Inc.Freeport-McMoRan Oil & GasHalcon ResourcesHalliburtonHessHilcorp EnergyHunt OilKinross Gold Co.Lehigh HansonLuck Cos.Lukoil Overseas

Offshore ProjectsMartin Marietta Materials Inc.MosaicMurphy Oil Corp.NewaltaNewfield Exploration Co.Newmont Mining Corp.Noble Drilling Services Inc.Oasis PetroleumOceaneering International Inc.ONEOK Inc.PIoneer Natural ResourcesQEP Resources Inc.Range ResourcesRio TintoRockwater Energy Solutions Inc.Rowan Cos. Inc.Salt River Materials GroupShell Oil Co.SM Energy Co.

Subsea 7T.D. Williamson Inc.Talisman Energy USA Inc.U.S. SilicaUnit Corp.Vulcan Materials Co.WPX EnergyYamana Gold

Professional, Scientific and Technical Services (Includes Consulting)

A.T. KearneyABM Industries Inc.Abt AssociatesAdecco Group NAADTAdvanced Technology ServicesAECOMAECOM, Management

Services GroupAkastorAlion Science and TechnologyAlixPartners LLPAlkermesAlliance DataAlliance Data - Retail ServicesAltegrityAmerican Chemical SocietyAmerican Institute of PhysicsAmerican Institutes for ResearchAmerican Optometric AssociationAmerican SystemsAmerican Water Works

AssociationAMN HealthcareAnimato TechnologiesAnthelio Health SolutionsAonAppSenseArete AssociatesArgonne National LaboratoryArthur J. Gallagher - Human

Resources & Compensation Consulting

Aspen TechnologyAstellasAvendra LLCBall Aerospace &

Technologies Inc.Battelle Memorial InstituteBechtel Global Corp.Bechtel Plant Machinery Inc.Berry Appleman & Leiden LLPBlack & VeatchBroad InstituteBroadridge Financial

Solutions Inc.Brookhaven National LaboratoryBusiness Solutions Technologies

CACICAICapgemini FInancial ServicesCatalent Pharma SolutionsCBIACCP LLCCDK GlobalCentroCGI Technologies and

Solutions Inc.ChannelAdvisorCharles River LaboratoriesChiltern InternationalCitrixCompensation Resources Inc.Convergys Corp.CoreLink Administrative SolutionsCovanceCovenant EyesCSA GroupCSCDealertrack Technologies Inc.Dechert LLPDeltekDevelopment Dimensions

International Inc.DewberryDigital River Inc.DRS TechnologiesE2open Inc.ERG Inc.Faegre Baker DanielsFermi National Accelerator

LaboratoryForrester Inc.Fred Hutchinson Cancer

Research CenterGenentech Inc. (a member of the

Roche Group)General AtomicsGeneral Dynamics Information

TechnologyGeneral Dynamics-AISGenpact LLCGilead SciencesGrant Thornton LLPGrifolsHelios HR LLCHNTB Corp.Honeywell FM&THR Green Inc.HRL Laboratories LLCHuman Capital SolutionsHumint Advisors Inc.IBMICF International Inc.Idaho National LaboratoryIMS HealthInnovative Compensation and

Benefits Concepts LLC



U.S. Organizations

UN

ITE

D S

TAT

ES

Pa

rticip

an

t Listin

g

InsightsInstitute for Defense AnalysesInstitute of Electrical and

Electronics EngineersIntegral Ad ScienceIntegrated Healthcare StrategiesIntegrity Management ConsultingInternational SOS Assistance Inc.Jackson HewittJacobs Technology Inc.Jefferson Science

Associates LLCJT3 LLCKoss Management ConsultingKPMG LLPKronos Inc.L-3 Communications, National

Security SolutionsLawrence Berkeley National

LaboratoryLawrence Livermore National

LaboratoryLeidosLieberman Research WorldwideLivingston International Inc.Los Alamos National LaboratoryMagnitude SoftwareManhattan Associates Inc.MarketPayMarsh & McLennanMassachusetts Medical SocietyMathworksMcGuireWoods LLPMDA Ltd.Mead & Hunt Inc.MedAssets Inc.MedImpact Healthcare

Systems Inc.MedxcelMercerMichael Baker InternationalMINDBODYMIT Lincoln LaboratoryMRA - The Management

AssociationMRIGlobalMWH Global Inc.NAMSANational Center for

Atmospheric ResearchNational Radio Astronomy

ObservatoryNational Renewable Energy

LaboratoryNational Security

Technologies LLCNavigant Consulting Inc.NORCNSF InternationalOak Ridge Associated

Universities

Olsson AssociatesOrrick, Herrington & Sutcliffe LLPParsons Corp.PATHPCM Inc.PerkinElmer Inc.Perkins CoiePersonnel Management

Associates Inc.Pharmaceutical Product

DevelopmentPRA Health SciencesPrinceton Plasma Physics

LaboratoryProgressive Benefit SolutionsPTC TherapeuticsPwCPyramid Solutions Inc.QAD Inc.RAND Corp.RazorfishRed Hat Inc.RJB HR AdvantageRopes and Gray LLPSAICSalk Institute for

Biological StudiesSandia National LaboratoriesSAP SESavannah River RemediationSCHENCK SCSeattle Genetics Inc.Shearman & Sterling LLPShireShook, Hardy & Bacon LLPSidley Austin LLPSiemensSilverStone Group - Human

Capital ConsultingSouthwest Research InstituteSRA InternationalSRC Inc.Sungard Availability ServicesSutherland Asbill & Brennan LLPSYNNEX Corp.Takeda Pharmaceuticals

U.S.A., Inc.TeamHealthTerracon Consultants, Inc.The Croner Co.The Hay GroupThe Johns Hopkins University-

Applied Physics LaborThe Joint CommissionThe MITRE Corp.The National AcademiesThe NPD Group Inc.The Samuel Roberts Noble

Foundation, Inc.The Scripps Research Institute

The Urban InstituteTheorem Clinical ResearchThermoFisher ScientificTWDS Inc.UIC Government ServicesUL LLCUnisys-Federal SystemsUnited Network for

Organ SharingUrology of IndianaUSfalcon Inc.UT Battelle - ORNLVinson & Elkins LLPWaggener Edstrom

CommunicationsWeil, Gotshal & Manges LLPWestatWhitney Smith Co.Wilson Sonsini Goodrich & Rosati

Public Administration

American Society of EmployersArapahoe County GovernmentArlington County GovernmentChesterfield County GovernmentCity and County of DenverCity of Ann ArborCity of AustinCity of CasselberryCity of CharlotteCity of ChicagoCity of ColumbusCity of Georgetown, TexasCity of HoustonCity of Las VegasCity of Overland Park, Kan.City of Phoenix, ArizonaCity of Richardson, TexasCity of SeattleCity of TucsonCollin County GovernmentCommonwealth of VirginiaConsolidated Nuclear Security,

LLC DOE/NNSA Operating Contractor

County of Allegany, MarylandCounty of KentD. Hilton AssociatesDepartment of DefenseDigitalGlobeFarm Credit FoundationsFederal Deposit Insurance Corp.Federal Housing Finance AgencyGallagher Benefit Services Inc.Hamilton County Board of

County CommissionersHR Answers Inc.King CountyLouisiana State Civil Service

Maricopa CountyMaricopa County, ArizonaMaryland Department of

TransportationMetropolitan Washington

Airports AuthorityMissouri Department of

ConservationMissouri Department of

TransportationOakland CountyOffice of the Colorado State

Public DefenderOffice of the Comptroller of

the CurrencyOhio Police and Fire

Pension FundOrbital ATKPort of SeattlePRM Consulting GroupSalt Lake City Corp.Salt Lake CountySOC LLC - doing business as

SOC Los AlamosSt. Louis County GovernmentState of ColoradoState of HawaiiState of MissouriState of North DakotaState of TexasThe City of GreensboroThe Port Authority of New York &

New JerseyTown of Gilbert, Ariz.Town of Hilton Head IslandVirginia State Corp. CommissionWI Dept of Natural Resources

Real Estate & Rental & Leasing

Aggreko LLCAssociated Estates Realty Corp.AvalonBay Communities Inc.Avis Budget Group Inc.Beazer HomesCartusCaterpillar Financial

Services Corp.CNL Commercial Real EstateCorporate Office Properties

Trust (COPT)DDR Corp.Enterprise HoldingsEquity OfficeEquity ResidentialFreddie MacGATXGrady Management Inc.Hines Interest LPHome PropertiesHomeAway Inc.


U.S. Organizations


UN

ITE

D S

TAT

ES

Pa

rtic

ipa

nt

Lis

tin

g

Jones Lang LaSalleMobile MiniPortico Property ManagementPrologisRealogyRegency CentersRent-A-CenterSimon Property GroupStewart TitleSunbelt Rentals Inc.The Rockefeller GroupThe Taubman Co.United Rentals Inc.

Retail Trade

Ace Hardware Corp.American Eagle OutfittersAmeriGas Propane Inc.Arbonne International LLCAssociated Food StoresAutoNationAutozoneAvon ProductsAxcess FinancialBelk Inc.Benihana National CorpBig Y Foods Inc.Bi-Lo Holdings LLCBJ’s Wholesale Club Inc.Bradford GroupBuild-A-Bear WorkshopBurlington StoresCabelasCarMax Inc.Cash America InternationalChanelChico’s FAS Inc.Christopher & BanksCooper StandardCountry CasualCST Brands Inc.CustomInkCVS HealthDavid’s BridalDelhaize AmericaDFS HawaiiDICK’S Sporting GoodsDollar General Corp.Dollar Tree Inc.ExpressFollett Corp.FullBeauty BrandsGameStopGap Inc.GoPro Inc.Greatland Corp.Helzberg DiamondsHSN

IKEAJ.CrewJ.Jill GroupJC PenneyJo-Ann Stores LLCKao USA Inc.Kroger Co.L BrandsL.L.BeanLazyDays RVLulu Press Inc.LVMH Inc.Macy’s Inc.Macy’s Systems and TechnologyMary Kay Inc.MidwayUSANeweggNorthern Tool + EquipmentNu Skin EnterprisesOffice DepotOrchard Supply Co. LLCOrigami Owl LLCOuterwall Inc.Outerwall Inc.Oxford Industries Inc.Payless ShoeSource Inc.Petco Animal Supplies Inc.Pier 1 ImportsProBuild HoldingsQVC Inc. (US)Raley’s Family of Fine StoresRalph LaurenRecreational Equipment Inc. (REI)Rent-A-CenterRevlon Inc.Savers Inc.Sears Holdings Corp.Silver Star BrandsSports AuthorityStage Stores Inc.StarbucksStripes/SunocoTalbotsTarget Corp.TaylorMade adidas Golf Co.The Children’s PlaceThe Cumberland Gulf GroupThe TJX Cos. Inc.Thrift TownTruckPro LLCUlta BeautyVisteon Corp.W.S. Badcock Corp.W.W. Grainger Inc.Walgreen Co.Wegmans Food Markets Inc.West Marine

Whole Foods MarketWilliams-Sonoma Inc.

Telecommunications

ADTRAN Inc.Afni Inc.Alaska CommunicationsARRISAT&TBright House NetworksCharter CommunicationsCiena Corp.CommScope HoldingConsolidated CommunicationsCoriantCox Communications Inc.Cox EnterprisesEchoStar Corp.FairPoint Communications Inc.Fujitsu Network CommunicationsGenesysGoodman NetworksGoogle Inc.ICT industryIntegra TelecomInteractive Intelligence Group Inc.Iridium Satellite LLCLevel 3 CommunicationsNational Exchange Carrier

AssociationNEC Corp. of AmericaNeustar Inc.QualcommRitter CommunicationsSamsung Electronics AmericaSyniverse TechnologiesTDS TelecomTelephone and Data Systems Inc.Time Warner CableTMobileU.S. CellularVerizonVonage Holding Corp.

TransportationAir Transportation

BBA AviationBristow GroupFedEx Corp.FedEx ExpressFlightSafety InternationalGreater Orlando

Aviation AuthorityJetBlue AirwaysMiami Air International Inc.Republic Airways HoldingsUnited Airlines

TransportationAll Other Transportation

ABF FreightAlyeska Pipeline Service Co.BNSF Railway Co.Buckeye Partners LPCapital Metropolitan

Transportation AuthorityCon-way Inc.DCP MidstreamDSC Logistics Inc.EnLink MidstreamEnterprise Products LPExel Inc.FedEx FreightFedEx GroundFirstGroup America Inc.Genesis Energy LLCGreyhound Lines Inc.Ingram Micro Inc.IntelligratedJ.B. Hunt Transport Services Inc.KeHE Distributors LLCKinder MorganMaersk Line Ltd.Magellan Midstream PartnersMARTAMcLane Co. Inc.Metropolitan Transit AuthorityNJ TransitNortheast Illinois Railroad Corp.NuStar EnergyOrange County

Transportation AuthorityPacePenske Truck LeasingPort Authority of

Allegheny CountyPort of PortlandPrincess CruisesPurolator Inc.Royal Caribbean Cruises Ltd.Ruan Transportation

Management SystemsRyder System Inc.SchneiderSoutheastern Freight LinesSpectra Energy Corp.Stolt-Nielsen Ltd.The Pasha GroupTransCanada PipeLines Ltd.True Value Co.TTX Co.UPSUtah Transit AuthorityWashington Metropolitan Area

Transit AuthorityWBI Energy Inc.



U.S. Organizations

UN

ITE

D S

TAT

ES

Pa

rticip

an

t Listin

g

WESCO DistributionYRC Worldwide Inc.

Utilities

AGL ResourcesALLETE Inc.Alliant Energy Corp.American Electric PowerAmerican Transmission Co.AREVA Inc.Arizona Public Service Co.Arkansas Electric

Cooperative Corp.Associated Electric

Cooperative Inc.Atmos Energy Corp.Avista Corp.Black Hills Corp.Calpine Corp.Capital Power Corp.Centerpoint EnergyCentral Arizona ProjectChelan County PUDCitizens Energy GroupCity of Cleveland Department of

Public UtilitiesCleco Corp.CMS EnergyColorado Springs UtilitiesCowlitz PUDDenver WaterDerry Township

Municipal AuthorityDominion Resources Inc.DTE EnergyDuke Energy Corp.EcovaEDF Renewable EnergyElectric Power Board of

Metropolitan Nashville & Davidson County

Energy Future HoldingsEnergy NorthwestEnphase Energy Inc.Entergy Services Inc.EPCOR Water USA Inc.ERCOTEversource EnergyExelon Corp.FirstEnergy Service Corp.Frankfort Plant BoardGDF SUEZ Energy North AmericaGeorgia Systems OperationsGreat River EnergyIberdrola USA NetworksISO New EnglandITC Holdings Corp.JEA

Jordan Valley Water Conservancy District

Kansas City Power & Light Co.Knoxville Utilities BoardLG&E-KU ServicesLower Colorado River AuthorityMadison Gas and Electric Co.MidAmerican Energy Co.Montana-Dakota Utilities Co.MWRDNational Fuel Gas Co.

(Distribution Corp & Supply Corp)

Nebraska Public Power DistrictNew Braunfels UtilitiesNew York Power AuthorityNextEra Energy Inc.NiSourceNortheast Ohio Regional

Sewer DistrictNorthWestern EnergyNW NaturalOGE Energy Corp.Oglethorpe Power Corp.Omaha Public Power DistrictOncor Electric DeliveryONE Gas Inc.Pacific Gas & ElectricPepco Holdings Inc.Piedmont EMCPiedmont Natural GasPNM Resources Inc.PPL Corp.Public Service Enterprise GroupQuestar Corp.Rivanna AuthoritiesSalt River ProjectSantee CooperSCANASempra EnergySnohomish County PUDSouth Jersey IndustriesSouthern Co.Southwest Gas Corp.Suburban Propane Partners LPTECO Energy Inc.Tennessee Valley AuthorityUIL Holdings Corp.United WaterVectren Corp.Veolia North AmericaVermont Gas SystemsWashington Suburban Sanitary

CommissionWestinghouse Electric Co.

Wisconsin Energy Corp.Xcel Energy

Wholesale Trade

ACCO Brands Corp.BlueLinx Corp.C&S Wholesale GrocersDaymon WorldwideDeluxe Corp.Direct Supply Inc.Eby-Brown LLCEmpire Southwest LLCEssilor of AmericaEuro-Pro Operating LLCFerguson Enterprises Inc.Gordon Food Service LLCHamilton Beach Brands Inc.Hasbro Inc.HD SupplyHilti North AmericaIsuzu North America Corp.Jarden Consumer SolutionsJM Family EnterprisesKaman Industrial TechnologiesKAR Auction Services Inc.Mattel Inc.Mitsubishi International Corp.MorindaMRC Global Inc.Nautilus Inc.Omnicare Inc.Patterson Cos.Quality Bicycle ProductsR.F. Fager Co.Ritchie Bros AuctioneersRodan + FieldsSFCShale-InlandSoftchoiceSUPERVALUToyota Motor Sales USA Inc.Unified GrocersUnited Natural Foods Inc.United StationersViX Paula HermannyVolkswagen Group of AmericaVWR International LLCWhirlpool Corp.Wolverine WorldwideWyoming Machinery Co.

Other Services

(except Public Admin.)

ABRA Auto Body & GlassHuntington Ingalls Industries

- AMSEC LLCTruGreen Ltd. PartnershipUS Tower Services Inc.

Other Services


Religious, Grantmaking, Civic, Professional & Similar

American Academy of Dermatology

American Academy of PediatricsAmerican Bar AssociationAmerican College of Chest

PhysiciansBill and Melinda Gates

FoundationCollege of American PathologistsCredit Union Executives SocietyDisability Rights TexasFeeding AmericaFHI 360GA Chapter - Alzheimer’s AssnGolf Course Superintendents

Association of AmericaGoodwill Industries of the

Southern RiversHeifer InternationalInvestment Co. InstituteJohn D. and Catherine T.

MacArthur FoundationLions Clubs InternationalLutheran Social Service of MNMake-A-Wish AmericaManagement Association

of IllinoisNational Democratic Institute for

International AffairsNational Rural Electric

Cooperative AssociationPlanned Parenthood Federation

of America Inc.Samaritan’s PurseSusan G. KomenTechnoServeThe Church of Jesus Christ of

Latter-Day SaintsThe Leukemia &

Lymphoma SocietyThe Seeing Eye Inc.The William and Flora Hewlett

FoundationUnited Service Organizations Inc.W.K. Kellogg FoundationWoods Hole Oceanographic

InstitutionWorld Vision USYMCA of Greater Rochester


Canadian Organizations


CA

NA

DA

P

art

icip

an

t L

isti

ng

Accommodation & Food Services

Compass Group CanadaHyatt Hotels Corp.International Dairy QueenStarwood Hotels & Resorts

Worldwide Inc.The Wendy’s Co.

Administrative & Support & Waste Management & Remediation Services

EnergySolutionsExpert Global SolutionsLifetouch Inc.

Agriculture, Forestry, Fishing & Hunting

GROWMARK Inc.Syngenta Crop ProtectionUFA Cooperative Ltd.

Arts, Entertainment & Recreation

Transat

Construction

Aegion Corp.Algeco ScotsmanBrookfield Residential

Properties Inc.FluorMatrix Service Co.Mattamy Homes Ltd.PCL Constructors Inc.Points Athabasca Contracting LP

Educational Services

Fairleigh Dickinson UniversityMcMaster UniversityStudy GroupUniversity of Toronto

Finance & Insurance

ATB FinancialCanadian Western BankCommunity First Credit

Union Ltd.First West Credit UnionHyundai Capital CanadaRoyal Bank of Canada

Finance & InsuranceCredit Intermediation & Related Activities

Canadian Payments AssociationDLL

MasterCardMeridian Credit UnionScotiabankTD Bank GroupVisa Inc.Western Union

Finance & InsuranceFunds, Trusts & Other Financial Vehicles

Credit Union Central of ManitobaInvesco Ltd.

Finance & InsuranceInsurance Carriers & Related Activites

Aviva Canada Inc.AXIS Capital Holdings Ltd.CignaFM GlobalForestersHUB International TOSiA Financial GroupIntact Financial Corp.Odyssey Reinsurance Co.Pacific Life InsuranceSun Life FinancialThe Co-operators Group Ltd.The Empire Life Insurance Co.Workplace Safety &

Insurance BoardXL Group

Finance & InsuranceSecurities, Commodity Contracts & Other Financial Investments & Related Activities

Capital One FinancialCIBC Mellon Global Securities

Services Co.Edward JonesMD Financial ManagementMFS InvestmentsSwiss Re

Health Care & Social Assistance

Holland Bloorview Kid Rehabilitation Hospital

Amcal Family ServicesFNHA

Information

American GreetingsAutomatic Data Processing LLCAvidCanadian Science PublishingHarlequin Enterprises Ltd.

John Wiley & Sons Inc.Software AG USA Inc.Take-Two Interactive

Software Inc.Total System Services

Inc. (TSYS)TransUnionTrend Micro Inc.

InformationMotion Picture & Sound Recording Industries, Broadcasting (Except Internet) & Other Information Services

Ansys Inc.CommVault Systems Inc.CSG InternationalF5 NetworksGlu Mobile Inc.IHSMcGraw-Hill EducationMerrill Corp.Moody’sNokia On-Line Computer CenterPGiRocket FuelSabre Corp.SalesforceSunGardThomson ReutersUnisys Corp.Yellow Pages Digital & Media

Solutions Ltd.

ManufacturingChemical Manufacturing

Air ProductsApotexArysta LifeScience

North AmericaAvery DennisonCF Industries Holdings Inc.CSLCSL BehringEcolabEmergent BiosolutionsEndo International PLCFMC Corp.Linde NA Inc.Mallinckrodt PharmaceuticalsNexeo SolutionsNova ChemicalsNovozymes North AmericaOM Group Inc.PolyOnePraxair Inc.Sealed Air Corp.Solenis LLC

Syngenta SeedsTeva PharmaceuticalsThe Scotts Miracle-Gro Co.The Valspar Corp.Umicore USA Inc.UnivarW.R. GraceZoetis

ManufacturingComputer & Electronic Product Manufacturing

2020Altera Corp.BlackBerry Ltd.BMC SoftwareCelestica Inc.Cerner Corp.GTECHInsight Enterprises Inc.Microsemi Corp.Nvidia Corp.ON SemiconductorPitney Bowes Inc.Raytheon Co.STMicroelectronics Inc.Texas InstrumentsVision Solutions Inc.VMWAREWaters Corp.Xerox Canada Ltd.

ManufacturingElectrical Equipment, Appliance & Component Manufacturing

Excelitas TechnologiesGoodman ManufacturingPanduitPhysio-ControlRegal Beloit Corp.Skyworks Solutions Inc.TE Connectivity

ManufacturingFood, Beverage & Tobacco Product Manufacturing

Beam Suntory Inc.Bonduelle AmericasBunge North AmericaDawn Food Products Inc.J.R. Simplot Co.McCain Foods Ltd.Molson Coors Brewing Co.Mondelez International Inc.Simmons FoodsSofina Foods Inc.The Coca-Cola Co. - CCNA/CCRThe Hershey Co.




CA

NA

DA

Pa

rticip

an

t Listin

g

Treasury Wine EstatesWorld’s Finest Chocolate Inc.

ManufacturingMachinery Manufacturing

Deere & Co.ElliottEmerson Fisher

Lifecycle ServicesFlowserve Corp.Ingersoll Rand PLCLennox International Inc.Nordson Corp.Solar Turbines Inc.Taco Inc.The Manitowoc Co. Inc.The Toro Co.

ManufacturingMetal Manufacturing

AM Castle & Co.Carpenter Technology Corp.ESCO Corp.Frank’s InternationalSamuel, Son & Co. Ltd.TMK-IPSCO

ManufacturingOther Miscellaneous Manufacturing

3MAmwayArmstrong World IndustriesBaxterBio-Rad LaboratoriesBrunswickCallaway Golf Co.Cantel MedicalCarmeuse Lime & Stone Inc.CHS Inc.CNHICurtiss-Wright Corp.Cytec Industries Inc.Dentsply International Inc.DraegerFirst SolarFLIR Systems Inc.Formica Corp.General MotorsHenry Schein Canada Inc.Hollister Inc.IDEXX Laboratories Inc.IlluminaJohns ManvilleJohnson & JohnsonJohnson ControlsJohnson Outdoors Inc.Kohler Co.

L-3 WESCAMMedtronic PLCMylan Inc.NBTYNorbordOwens CorningPolymer Group Inc.ResMed Inc.Reynolds-PactivSerta Simmons Bedding LLCSnap-on Inc.SPX Corp.St Jude MedicalSTERIS Corp.Teknion Corp.Tempur Sealy International Inc.Tesla Motors Inc.UnileverWeyerhaeuser

ManufacturingPaper Manufacturing, Printing & Related Support Activites

CimpressDATA Group Ltd.Domtar Inc.GlatfelterGraphic Packaging InternationalMeadWestvaco Corp.RR Donnelley & SonsTranscontinental Inc.

ManufacturingTextile, Apparel, Leather & Allied Product Manufacturing

Brooks Sports Inc.Columbia Sportswear Co.Fruit of the Loom Inc.Gildan Activewear Inc.Hanesbrands Inc.Midas Safety Inc.New Balance Athletic Shoe Inc.Nike Inc.

ManufacturingTransportation Equipment Manufacturing

Boeing WinnipegContinental Automotive SystemsFederal MogulGeneral Dynamics Land

Systems - CanadaGeneral Motors Co.Meritor Inc.Moog Inc.Polaris Industries


Agnico Eagle Mines Ltd.Barrick Gold of North AmericaCalfrac Well ServicesCanadian Natural Resources Ltd.Compass MineralsCore LaboratoriesCrescent Point EnergyDresser-RandEncana Corp.Enerflex Ltd.Enerplus Corp.EnformFT ServicesHalliburtonKinross Gold Corp.Lehigh HansonMosaicNewaltaPotash Corp. of SaskatchewanRio TintoT.D. Williamson Inc.Yamana Gold

Professional, Scientific and Technical Services (Includes Consulting)

ADTAecomAkastorAlberta Innovates

Technology FuturesAlliance DataAspen TechnologyBechtel Global Corp.Bristol-Myers Squibb CanadaBroadridge Financial

Solutions Inc.Capgemini FInancial ServicesCDK GlobalCGI Group Inc.Chiltern InternationalCIMA+CitrixConvergys CorpCSA GroupCSCDealertrack Technologies Inc.Digital River Inc.Forrester Inc.Gamma-Dynacare Medical

LaboratoriesGilead SciencesGolder Associates Ltd.Hemmera Envirochem Inc.IBMICF International Inc.IMS Health

International SOS Assistance Inc.Kronos Inc.LifeLabsLivingston International Inc.LoyaltyOneMacDonald, Dettwiler &

Associates Inc.McDowall AssociatesMDA Ltd.MercerMWH Global Inc.Navigant Consulting Inc.Nordion Inc.NSF InternationalOsler, Hoskin & Harcourt LLPPCM Inc.PerkinElmer Inc.PRA Health SciencesRed Hat Inc.SAP SEShireSungard Availability ServicesSYNNEX Corp.The NPD Group Inc.Theorem Clinical ResearchUL LLCWestern Management

Consultants

Public Administration

City of Mount PearlCommunity Social Services

Employers Association of British Columbia

Government of AlbertaGovernment of British ColumbiaRevenu QuebecWorkers’ Compensation

Board - Alberta

Real Estate & Rental & Leasing

Aggreko LLCAvis Budget Group Inc.CartusCaterpillar Financial

Services Corp.Chartwell Retirement ResidencesEnterprise HoldingsGATX

Retail Trade

American Eagle OutfittersBest Buy Canada Ltd.Build-A-Bear WorkshopCabelasCervus EquipmentCooper StandardCST Brands Inc.




CA

NA

DA

P

art

icip

an

t L

isti

ng

David’s BridalExpressFollett Corp.Gap Inc.L BrandsLowe’s Companies Canada ULCMary Kay Inc.Nu Skin EnterprisesOxford Industries Inc.PVH Corp.Ralph LaurenSavers Inc.Staples CanadaTalbotsTruckPro LLCW.W. Grainger Inc.Whole Foods Market

Telecommunications

ADTRAN INC.ArrisBell CanadaCiena Corp.CommScope HoldingFujitsu Network CommunicationsGoogle Inc.ICT industryInteractive Intelligence Group Inc.Level 3 CommunicationsQualcommRogers CommunicationsSamsung Electronics CanadaTelesat

TransportationAir Transportation

Air CanadaFareportalWestJet Airlines Ltd.

TransportationAll Other Transportation

Con-way Inc.Exel CanadaFederal Express Canada Ltd.FirstGroup America Inc.Ingram Micro Inc.KeHE Distributors LLCNuStar EnergyPenske Truck LeasingPurolator Inc.SchneiderSpectra EnergyTeekay Corp.TransCanada PipeLines Ltd.

Utilities

Areva Inc.ATCOBC Hydro & Power AuthorityCapital Power Corp.EPCOR Utilities Ltd.Independent Electricity System

Operator (IESO)New Brunswick Power Corp.Pacific Northern GasToronto HydroTransAlta

Wholesale Trade

ACCO Brands Corp.Deluxe Corp.Deschenes Group Inc.Euro-Pro Operating LLCGordon Food Service LLCHamilton Beach Brands Inc.Hasbro Inc.Jarden Consumer SolutionsJohnson & Johnson Inc.KAR Auction Services Inc.MoenRitchie Bros AuctioneersSoftchoiceWolseley CanadaWolverine Worldwide

Other Services


Finning (Canada)

Other Services


Religious, Grantmaking, Civic, Professional & Similar

CAA SCOCanadian Medical AssociationCanadian Pharmacists

AssociationThe Law Society of

Upper CanadaThe Royal College of Physicians

and Surgeons of Canada



Global Organizations

GLO

BA

LP

artic

ipa

nt L

isting

Australia

A.T. KearneyAecomAlstomAmneal PharmaceuticalsApotexAppSenseApptio Inc.Armstrong World IndustriesAustralian Pharmaceutical

IndustriesAutomatic Data Processing LLCAvery DennisonAxis Capital Holdings Ltd.BaxterBerry Appleman & Leiden LLPBHP Billiton PetroleumBio-Rad Laboratories Inc.BMC SoftwareBristow GroupBroadridge Financial

Solutions Inc.BrunswickCallaway Golf Co.Caterpillar Financial

Services Corp.CDM Smith Inc.Cerner Corp.ChannelAdvisorCiena Corp.CimpressCincomCitrixCliffs Natural ResourcesCNHICobhamCode 42 Software Inc.CommScope HoldingCommVault Systems Inc.CoriantCSCCSG InternationalCSLCSL BehringCytec Industries Inc.Damco LogisticsDeere & Co.Discovery CommunicationsDolby Laboratories Inc.Dresser-RandEnerflex Ltd.Enphase Energy Inc.EquinixExpert Global SolutionsF5 NetworksFederal MogulFirst SolarFLIR Systems Inc.

Flowserve Corp.FluorFM GlobalFMC Corp.Forrester Inc.Frank’s InternationalFruit of the Loom Inc.Fujitsu Australia Ltd.General Motors Co.GenesysGlanbia Performance NutritionGoogle Inc.Graphic Packaging InternationalH.B. Fuller Co.Halyard HealthHanesbrands Inc.Hasbro Inc.HessHollister Inc.HomeAway Inc.Houghton InternationalHubSpotHyatt Hotels Corp.IBMIDEXX Laboratories Inc.IlluminaIMS HealthIngersoll Rand PLCInteractive Intelligence Group Inc.iSelect Ltd.John Wiley & Sons Australia Ltd.John Wiley & Sons Inc.Johnson ControlsKelly Services Inc.Kronos Inc.LyondellBasellManhattan Associates Inc.Mary Kay Inc.MathworksMcCain Foods Ltd.McGraw-Hill EducationMeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.Merrill Corp.MetLifeMFS InvestmentsMINDBODYMoody’sMoog Inc.MSA Safety Inc.MWH Global Inc.Mylan Inc.New Balance Athletic Shoe Inc.Nike Inc.Nokia Nordson Corp.

Nu Skin EnterprisesOrbitz Worldwide Inc.Origin Energy Ltd.Oxford Industries Inc.PanduitPCL Constructors Inc.PerkinElmer Inc.Polaris IndustriesPRA Health SciencesPrincipal Financial GroupQAD Inc.RACQRalph LaurenRaytheon Co.Red Hat Inc.Regal Beloit Corp.ResMed Inc.Ritchie Bros. AuctioneersRobertshawSabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.Shell International B.V.ShireSolar Turbines Inc.Solenis LLCSPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.Stolt-Nielsen Ltd.SunGardSwiss Reinsurance Co. Ltd

(HK Branch)T.D. Williamson Inc.Take-Two Interactive

Software Inc.TE ConnectivityTeekay Corp.Tesla Motors Inc.The Scotts Miracle-Gro Co.The Toro Co.The Valspar Corp.The Warranty GroupThomson ReutersTreasury Wine EstatesTronox Ltd.UL LLCUnisys Corp.VerisignVMWareW.R. GraceWaters Corp.Western UnionZetron Inc.Zoetis

Belgium

A.T. KearneyAlbemarle Corp.Ansys Inc.ApotexAutomatic Data Processing LLCAvery DennisonBaxterBio-Rad Laboratories Inc.BMC SoftwareBrunswickCapsugelCarpenter Technology Corp.Chiltern InternationalCignaCincomCitrixCNHICon-way Inc.CSCCSLCSL BehringCytec Industries Inc.Dechert LLPDow Corning Corp.DuravantExpediaFederal MogulFederal-Mogul Motorparts


Ferro Corp.FLIR Systems Inc.Flowserve Corp.FM GlobalFMC Corp.General Motors Co.GfK SEGoogle Inc.Graco Inc.Graphic Packaging InternationalHalyard HealthHasbro Inc.Hollister Inc.IBMICF International Inc.IMS HealthInternational PaperJohnson ControlsKelly Services Inc.Kronos Inc.McCain Foods Ltd.McGuireWoods LLPMeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.MWH Global Inc.




G

LOB

AL

P

art

icip

an

t L

isti

ng

Mylan Inc.NewMarket Corp.Nike Inc.Nokia ON SemiconductorPerkinElmer Inc.PolyOnePRA Health SciencesProgressQAD Inc.Ralph LaurenRed Hat Inc.SalesforceSAP SESAS InstituteSealed Air Corp.Shearman & Sterling LLPShell International B.V.ShireSolar Turbines Inc.Solenis LLCSPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.SunGardT.D. Williamson Inc.TE ConnectivityThe Scotts Miracle-Gro Co.The Toro Co.Thomson ReutersTower InternationalTrinseoUnisys Corp.VMWareW.R. GraceW.W. Grainger Inc.Waters Corp.Western UnionWestinghouse Electric Co.Zoetis

Brazil

2020A.T. KearneyAAMAecomAggreko LLCARRISAspect SoftwareAspen TechnologyAutomatic Data Processing LLCAvery DennisonBaxterBerry Appleman & Leiden LLPBio-Rad Laboratories Inc.BMC SoftwareBrunswick

CP KelcoCapsugelCaterpillar Financial

Services Corp.Cerner Corp.Chiltern InternationalCHS Inc.Ciena Corp.CitrixCNHICon-way Inc.Cooper StandardCoriantCSCCSG InternationalCSLCSL BehringCytec Industries Inc.Dawn Food Products Inc.Deere & Co.Discovery CommunicationsDocuSignDow Corning Corp.Dresser-RandElliottEnscoFederal MogulFerro Corp.FLIR Systems Inc.Flowserve Corp.FM GlobalFMC Corp.Frank’s InternationalGeneral Motors Co.GfK SEGoogle Inc.Graphic Packaging InternationalHanesbrands Inc.Hasbro Inc.Hollister Inc.HomeAway Inc.Houghton InternationalIBMIDEXX Laboratories Inc.IlluminaIngersoll Rand PLCIngram Micro Inc.Inter-American

Development BankInteractive Intelligence Group Inc.International PaperJarden Consumer SolutionsJohn Wiley & Sons Inc.Johnson ControlsKatun Corp.Kohler Co.Level 3 CommunicationsLiberty Mutual Insurance

LyondellBasellMary Kay Inc.MeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.MetLifeMoody’sMoog Inc.MosaicMSA Safety Inc.NewMarket Corp.Nike Inc.Nokia Nordson Corp.NSF InternationalNvidia Corp.PerkinElmer Inc.PfaudlerPolaris IndustriesPolyOnePRA Health SciencesProgressQAD Inc.Red Hat Inc.RobertshawSabre Corp.SalesforceSAP SEScripps Networks InteractiveSealed Air Corp.Shell International B.V.ShireSoftware AG USA Inc.Solar Turbines Inc.Solenis LLCSt Jude MedicalSTERIS Corp.STMicroelectronics Inc.Stolt-Nielsen Ltd.SunGardSwiss ReSyniverse TechnologiesT.D. Williamson Inc.TE ConnectivityTeva PharmaceuticalsThe Valspar Corp.The Warranty GroupThomson ReutersTotal System Services

Inc. (TSYS)TrinseoUL LLCUnisys Corp.Visteon Corp.ViX Paula HermannyVMWareW.R. Grace

Waters Corp.Western UnionXL GroupYamana GoldZoetis

China

2020A.T. KearneyAAMAdvent SoftwareAecomAlixPartners LLPTAM Castle & Co.American Eagle OutfittersAnsys Inc.Armstrong World IndustriesARRISAspect SoftwareAspen TechnologyAutomatic Data Processing LLCAvery DennisonBaxterBechtel Global Corp.Benchmark Electronics Inc.Bill and Melinda Gates

FoundationBio-Rad Laboratories Inc.BMC SoftwareBroadridge Financial

Solutions Inc.Brooks Sports Inc.BrunswickCP KelcoCabelasCabot Microelectronics Corp.Callaway Golf Co.Cantel MedicalCapsugelCarlson Rezidor Hotel GroupCarpenter Technology Corp.CartusCaterpillar Financial

Services Corp.ChannelAdvisorCharter Manufacturing Co. Inc.CHS Inc.CignaCitrixCNHICoherent Inc.Columbia Sportswear Co.CommScope HoldingCommVault Systems Inc.Con-way Inc.Convergys Corp.Cooper StandardCoriant




GLO

BA

LP

artic

ipa

nt L

isting

CSA GroupCSCCSLCSL BehringCurtiss-Wright Corp.Cytec Industries Inc.Damco LogisticsDechert LLPDeere & Co.Dialog SemiconductorDigi InternationalDiscovery CommunicationsDolby Laboratories Inc.Dollar General Corp.Dow Corning Corp.Dresser-RandElliottEnscoEquinixEuro-Pro Operating LLCExcelitas TechnologiesF5 NetworksFederal MogulFerro Corp.FLIR Systems Inc.Flowserve Corp.FluorFM GlobalFMC Corp.FonterraForrester Inc.Frank’s InternationalFreeport-McMoRan Inc.Fruit of the Loom Inc.Gap Inc.General Motors Co.GfK SEGlu Mobile Inc.Google Inc.GoPro Inc.Graco Inc.Graphic Packaging InternationalH.B. Fuller Co.Hamilton Beach Brands Inc.Hanesbrands Inc.Hasbro Inc.HessHexcel Corp.Houghton InternationalHyatt Hotels Corp.IBMICF International Inc.IDEXX Laboratories Inc.IlluminaIngersoll Rand PLCInternational PaperInterpublic GroupJarden Consumer Solutions

Johnson ControlsKohler Co.Kronos Inc.L BrandsLyondellBasellManhattan Associates Inc.Mary Kay Inc.MathworksMcCain Foods Ltd.McGraw-Hill EducationMeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.Merrill Corp.MetLifeMoody’sMoog Inc.MosaicMSA Safety Inc.MTS SystemsNAMSANational Basketball AssociationNavigant Consulting Inc.NBTYNew Balance Athletic Shoe Inc.NewMarket Corp.Nexeo SolutionsNike Inc.Nokia Nordson Corp.NovartisNSF InternationalNvidia Corp.OM Group Inc.ON SemiconductorOxford Industries Inc.PanduitPATHPerkinElmer Inc.Polaris IndustriesPolymer Group Inc.PolyOnePRA Health SciencesPrintpack Inc.PrintronixPrologisQAD Inc.Ralph LaurenRed Hat Inc.Regal Beloit Corp.ResMed Inc.Rio TintoRitchie Bros. AuctioneersRobertshawSabre Corp.SalesforceSAP SE

SAS InstituteSchneiderSealed Air Corp.Shearman & Sterling LLPShell International B.V.Solar Turbines Inc.Solenis LLCSplunk Inc.SPX Corp.Starwood Hotels & Resorts

Worldwide Inc.STERIS Corp.Stolt-Nielsen Ltd.SunGardSwiss Reinsurance Co. Ltd

(HK Branch)SynapticsSyniverse TechnologiesT.D. Williamson Inc.Target Corp.TE ConnectivityTeknion Corp.Tesla Motors Inc.Texas InstrumentsThe Hershey Co.The Manitowoc Co. Inc.The NPD Group Inc.The Scotts Miracle-Gro Co.The Toro Co.The Valspar Corp.The Warranty GroupTheorem Clinical ResearchThomson ReutersTower InternationalTreasury Wine EstatesTrinseoUL LLCUnisys Corp.Visteon Corp.VMWareW.R. GraceW.W. Grainger Inc.Waggener Edstrom

CommunicationsWaters Corp.Western UnionWolverine WorldwideZoetis

France

2020A.T. KearneyAlixPartners LLPTAM Castle & Co.Ansys Inc.Armstrong World IndustriesARRISAutomatic Data Processing LLC

Avery DennisonBaxterBio-Rad Laboratories Inc.BMC SoftwareBrunswickCP KelcoCapsugelCartusCaterpillar Financial

Services Corp.Cerner Corp.Chiltern InternationalCiena Corp.CimpressCincomCitrixCNHICoherent Inc.Columbia Sportswear Co.CommVault Systems Inc.Convergys Corp.Cooper StandardCSCCSG InternationalCSLCSL BehringCurtiss-Wright Corp.Cytec Industries Inc.Dawn Food Products Inc.Dechert LLPDeere & Co.Discovery CommunicationsDow Corning Corp.Dresser-RandDuravantEnphase Energy Inc.EnscoEquinixExpediaF5 NetworksFederal MogulFerro Corp.FLIR Systems Inc.Flowserve Corp.FM GlobalFMC Corp.Forrester Inc.Frank’s InternationalGap Inc.General MotorsGeneral Motors Co.GfK SEGlatfelterGoogle Inc.GoPro Inc.Graco Inc.H.B. Fuller Co.Halyard Health




G

LOB

AL

P

art

icip

an

t L

isti

ng

Hanesbrands Inc.Hasbro Inc.Hexcel Corp.Hollister Inc.HomeAway Inc.Houghton InternationalIBMIDEXX Laboratories Inc.IlluminaIMS HealthIngersoll Rand PLCInteractive Intelligence Group Inc.International PaperInterpublic GroupJohnson ControlsJohnson Outdoors Inc.Katun Corp.Kelly Services Inc.Kohler Co.Kronos Inc.Level 3 CommunicationsLyondellBasellManhattan Associates Inc.MathworksMcCain Foods Ltd.MeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.MetLifeMoody’sMoog Inc.MTS SystemsMylan Inc.NAMSANexeo SolutionsNike Inc.Nokia Nordson Corp.Nvidia Corp.Odyssey Reinsurance Co.OM Group Inc.ON SemiconductorOrbitz Worldwide Inc.PanduitPerkinElmer Inc.Physio-ControlPolaris IndustriesPolymer Group Inc.PolyOnePRA Health SciencesPrintronixQAD Inc.Ralph LaurenRed Hat Inc.ResMed Inc.Ritchie Bros. AuctioneersRocket Fuel

Sabre Corp.SalesforceSanofiSAP SESAS InstituteSealed Air Corp.Shearman & Sterling LLPShell International B.V.ShireSolar Turbines Inc.Solenis LLCSPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.STERIS Corp.Stolt-Nielsen Ltd.SunGardSungard Availability ServicesSwiss ReT.D. Williamson Inc.Take-Two Interactive

Software Inc.TE ConnectivityTesla Motors Inc.Texas InstrumentsThe Manitowoc Co. Inc.The NPD Group Inc.The Scotts Miracle-Gro Co.The Valspar Corp.Theorem Clinical ResearchThomson ReutersTransatUL LLCUnisys Corp.Vision Solutions Inc.Visteon Corp.VMWareW.R. GraceW.W. Grainger Inc.Waters Corp.Western UnionWolverine WorldwideXL GroupZoetis

Germany

2020A.T. KearneyAAMADTRAN Inc.AecomAlbemarle Corp.Algeco ScotsmanAlixPartners LLPAllianz Asset Management AGAnsys Inc.AppSense

Armstrong World IndustriesARRISAspect SoftwareAvery DennisonBaxterBio-Rad Laboratories Inc.BMC SoftwareBroadridge Financial

Solutions Inc.Brooks Sports Inc.BrunswickCP KelcoCatalent Pharma SolutionsCaterpillar Financial

Services Corp.CDM Smith Inc.Cerner Corp.ChannelAdvisorChiltern InternationalCiena Corp.CimpressCitrixCNHICoherent Inc.CommScope HoldingCommVault Systems Inc.Con-way Inc.Convergys Corp.Cooper StandardCoriantCSA GroupCSCCSLCSL BehringCurtiss-Wright Corp.Cytec Industries Inc.Dawn Food Products Inc.Dechert LLPDeere & Co.Dialog SemiconductorDigi InternationalDigital River Inc.Discovery CommunicationsDolby Laboratories Inc.Dow Corning Corp.Dresser-RandE2open Inc.EquinixExcelitas TechnologiesExpediaF5 NetworksFederal MogulFerro Corp.First SolarFLIR Systems Inc.Flowserve Corp.FM GlobalFresenius Kabi

General Motors Co.GlatfelterGlobalFoundriesGoogle Inc.GoPro Inc.Graco Inc.Halyard HealthHanesbrands Inc.Hasbro Inc.Hexcel Corp.Hollister Inc.HomeAway Inc.Houghton InternationalHyatt Hotels Corp.IBMIDEX Corp.IDEXX Laboratories Inc.IlluminaIngersoll Rand PLCInteractive Intelligence Group Inc.International PaperInterpublic GroupJohn Wiley & Sons Inc.Johnson ControlsJohnson Outdoors Inc.Katun Corp.Kelly Services Inc.Level 3 CommunicationsLyondellBasellMary Kay Inc.MathworksMcCain Foods Ltd.MeadWestvaco Corp.Medtronic PLCMercerMoody’sMoog Inc.MTS SystemsMylan Inc.NewMarket Corp.Nexeo SolutionsNike Inc.Nokia Nordson Corp.NSF InternationalNu Skin EnterprisesNvidia Corp.On-Line Computer CenterOrbitz Worldwide Inc.Oxford Industries Inc.PanduitPerkinElmer Inc.PfaudlerPhysio-ControlPioneer InvestmentsPolaris IndustriesPolymer Group Inc.PolyOne




GLO

BA

LP

artic

ipa

nt L

isting

PRA Health SciencesProgressRalph LaurenRed Hat Inc.ResMed Inc.Ritchie Bros. AuctioneersRocket FuelSabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.Shearman & Sterling LLPShell International B.V.ShireSky DeutschlandSolar Turbines Inc.Solenis LLCSplunk Inc.SPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.STERIS Corp.Stolt-Nielsen Ltd.SunGardSwiss ReSyniverse TechnologiesTake-Two Interactive

Software Inc.TE ConnectivityTesla Motors Inc.Texas InstrumentsThe Manitowoc Co. Inc.The NPD Group Inc.The Scotts Miracle-Gro Co.The Toro Co.The Valspar Corp.Theorem Clinical ResearchThomson ReutersTower InternationalTrinseoUL LLCUnited Service Organizations Inc.Visteon Corp.VMWareW.R. GraceWaggener Edstrom

CommunicationsWaters Corp.Western UnionWolverine WorldwideXL GroupZoetis

India

2020A.T. Kearney

AAMADTRAN Inc.AecomAmeriprise FinancialAmneal PharmaceuticalsAnsys Inc.ApotexArmstrong World IndustriesARRISAspect SoftwareAspen TechnologyAutomatic Data Processing LLCAvalara Inc.Avery DennisonBaxterBechtel Global Corp.Bill and Melinda Gates

FoundationBio-Rad Laboratories Inc.Black Knight Financial ServicesBMC SoftwareBroadridge Financial

Solutions Inc.Capgemini FInancial ServicesCapital One FinancialCapsugelCarlson Rezidor Hotel GroupCDM Smith Inc.Cerner Corp.Chiltern InternationalCiena Corp.CignaCimpressCincomCitrixCNHIColumbia Sportswear Co.CommScope HoldingCommVault Systems Inc.Con-way Inc.Convergys Corp.Cooper StandardCoriantCSA GroupCSCCSG InternationalCurtiss-Wright Corp.Cytec Industries Inc.Deere & Co.Discovery CommunicationsDolby Laboratories Inc.Dow Corning Corp.Dresser-RandE2open Inc.ElliottF5 NetworksFareportalFederal Mogul

First SolarFlowserve Corp.FluorFM GlobalFMC Corp.Forrester Inc.Gap Inc.General Motors Co.Google Inc.Graco Inc.Halyard HealthHanesbrands Inc.Hollister Inc.Houghton InternationalHyatt Hotels Corp.IBMICF International Inc.IHSIngersoll Rand PLCInstitute of Electrical and

Electronics Engineers (IEEE)Insurance & Reinsurance CaptiveInteractive Intelligence Group Inc.International PaperJarden Consumer SolutionsJohnson ControlsKelly Services Inc.Kohler Co.Kronos Inc.L BrandsLennox International Inc.Lions Clubs InternationalLyondellBasellMagnitude SoftwareManhattan Associates Inc.MathworksMcCain Foods Ltd.MeadWestvaco Corp.Medtronic PLCMercerMeridium, Inc.Meritor Inc.Merrill Corp.MetLifeMoody’sMoog Inc.MosaicMWH Global Inc.Mylan Inc.New Balance Athletic Shoe Inc.NewMarket Corp.Nike Inc.Nokia Nordson Corp.NSF InternationalNvidia Corp.ON SemiconductorOrbitz Worldwide Inc.

Oxford Industries Inc.PATHPerkinElmer Inc.Pioneer InvestmentsPiramal Enterprises Ltd.Pitney Bowes Inc.Polaris IndustriesPolyOnePRA Health SciencesPrincipal Financial GroupProgressQAD Inc.QualcommRalph LaurenRed Hat Inc.Regal Beloit Corp.ResMed Inc.Rio TintoRobertshawSabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.Shell International B.V.Solar Turbines Inc.Solenis LLCSPX Corp.Starwood Hotels & Resorts

Worldwide Inc.STERIS Corp.SunGardSungard Availability ServicesSwiss Reinsurance Co. Ltd

(HK Branch)SynapticsSyniverse TechnologiesT.D. Williamson Inc.Target Corp.TE ConnectivityTeekay Corp.Teknion Corp.Texas InstrumentsThe Hershey Co.The Manitowoc Co. Inc.The Valspar Corp.Theorem Clinical ResearchThomson ReutersTotal System Services

Inc. (TSYS)TransUnionUL LLCUnisys Corp.VerisignVisteon Corp.VMWareW.R. GraceWaggener Edstrom

Communications




G

LOB

AL

P

art

icip

an

t L

isti

ng

Waters Corp.Western UnionWolverine WorldwideXL GroupZoetis

Italy

A+E NetworksA.T. KearneyAecomAlixPartners LLPAnsys Inc.Aspen TechnologyAutomatic Data Processing LLCAvery DennisonBaxterBio-Rad Laboratories Inc.BMC SoftwareBrooks Sports Inc.BrunswickCaterpillar Financial

Services Corp.Chiltern InternationalCitrixCNHICommScope HoldingCommVault Systems Inc.Convergys Corp.Cooper StandardCoriantCSA GroupCSCCSLCSL BehringCytec Industries Inc.Deere & Co.Dialog SemiconductorDiscovery CommunicationsDow Corning Corp.Dresser-RandExpediaF5 NetworksFederal MogulFerro Corp.FLIR Systems Inc.Flowserve Corp.FM GlobalGap Inc.General MotorsGeneral Motors Co.GfK SEGoogle Inc.Hasbro Inc.Hollister Inc.HomeAway Inc.Houghton InternationalIBMIDEXX Laboratories Inc.

IlluminaIMS HealthIngersoll Rand PLCInternational PaperJohnson ControlsJohnson Outdoors Inc.Katun Corp.Kelly Services Inc.LyondellBasellMathworksMcCain Foods Ltd.MeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.MetLifeMoody’sMoog Inc.MTS SystemsMWH Global Inc.Nexeo SolutionsNike Inc.Nokia Nordson Corp.PanduitPerkinElmer Inc.Physio-ControlPioneer InvestmentsPolymer Group Inc.PRA Health SciencesQAD Inc.Ralph LaurenRed Hat Inc.Ritchie Bros. AuctioneersRobertshawRocket FuelSabre Corp.SAP SESAS InstituteSealed Air Corp.Shearman & Sterling LLPShell International B.V.ShireSolar Turbines Inc.Solenis LLCSPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.STERIS Corp.SunGardSwiss ReT.D. Williamson Inc.TE ConnectivityTesla Motors Inc.Texas InstrumentsThe Manitowoc Co. Inc.The NPD Group Inc.

The Toro Co.The Valspar Corp.The Warranty GroupThomson ReutersTreasury Wine EstatesTrinseoUL LLCUnisys Corp.United Service Organizations Inc.VMWareW.R. GraceWaters Corp.Western UnionXL GroupZoetis

Japan

A.T. KearneyAlixPartners LLPAlstomAnsys Inc.ARRISAspen TechnologyAvery DennisonBaxterBio-Rad Laboratories Inc.BMC SoftwareBroadridge Financial

Solutions Inc.BrunswickCabot Microelectronics Corp.Callaway Golf Co.CapsugelCaterpillar Financial

Services Corp.Ciena Corp.CitrixCoherent Inc.CommVault Systems Inc.CSCCSLCSL BehringDamco LogisticsDialog SemiconductorDiscovery CommunicationsDolby Laboratories Inc.Dow Corning Corp.EquinixF5 NetworksFederal MogulFerro Corp.FLIR Systems Inc.Flowserve Corp.FMC Corp.Freeport-McMoRan Inc.Fruit of the Loom Inc.Gap Inc.General Motors

Google Inc.Graco Inc.Graphic Packaging InternationalHalyard HealthHanesbrands Inc.Hollister Inc.Hyatt Hotels Corp.IBMIDEXX Laboratories Inc.IlluminaIMS HealthIngersoll Rand PLCJohnson ControlsL.L.BeanMathworksMcCain Foods Ltd.MeadWestvaco Corp.Medtronic PLCMercerMetLifeMFS InvestmentsMoody’sMoog Inc.MSA Safety Inc.MTS SystemsMylan Inc.New Balance Athletic Shoe Inc.NewMarket Corp.Nike Inc.Nokia Nordson Corp.Nu Skin EnterprisesNvidia Corp.ON SemiconductorOxford Industries Inc.PanduitPerkinElmer Inc.Physio-ControlPRA Health SciencesPrincipal Financial GroupPrologisQAD Inc.Ralph LaurenRed Hat Inc.Rio TintoSabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.Shearman & Sterling LLPShell International B.V.ShireSPX Corp.Starwood Hotels & Resorts

Worldwide Inc.Stolt-Nielsen Ltd.SunGard




GLO

BA

LP

artic

ipa

nt L

isting

Swiss Reinsurance Co. Ltd (HK Branch)

SynapticsTE ConnectivityTesla Motors Inc.Texas InstrumentsThe NPD Group Inc.The Warranty GroupThomson ReutersUL LLCUnited Service Organizations Inc.Visteon Corp.VMWareW.R. GraceWaters Corp.Western UnionZoetis

Mexico

A.T. KearneyAAMACCO Brands Corp.ADTRAN Inc.Advanced Technology ServicesAggreko LLCAgnico Eagle Mines Ltd.AlbeaAllied Motion TechnologiesTAM Castle & Co.American Eagle OutfittersApotexARRISAspect SoftwareAspen TechnologyAutomatic Data Processing LLCAvery DennisonBaxterBemis Manufacturing Co.Benchmark Electronics Inc.Bio-Rad Laboratories Inc.BMC SoftwareBrunswickCallaway Golf Co.CapsugelCarpenter Technology Corp.Caterpillar Financial

Services Corp.Ciena Corp.CitrixCNHICommScope HoldingCon-way Inc.Continental Automotive SystemsCooper StandardCoriantCSCCSLCSL Behring

Curtiss-Wright Corp.Cytec Industries Inc.Dawn Food Products Inc.Deere & Co.Discovery CommunicationsDow Corning Corp.Dresser-RandEisai Inc.Endo International plcEnerflex Ltd.EnscoExpert Global SolutionsF5 NetworksFederal MogulFerro Corp.Flowserve Corp.FM GlobalFMC Corp.Fruit of the Loom Inc.General MotorsGeneral Motors Co.Google Inc.Graphic Packaging InternationalGTECHH.B. Fuller Co.Halyard HealthHamilton Beach Brands Inc.Hanesbrands Inc.Hasbro Inc.Hollister Inc.IBMIngersoll Rand PLCIngram Micro Inc.International PaperJarden Consumer SolutionsJohnson ControlsKatun Corp.Kohler Co.Kronos Inc.Level 3 CommunicationsLiberty Mutual InsuranceLinde NA IncLivingston International Inc.LyondellBasellMary Kay Inc.McCain Foods Ltd.McGraw-Hill EducationMeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.MetLifeMoody’sNexeo SolutionsNike Inc.Nokia Nordson Corp.NSF International

Nu Skin EnterprisesOdyssey Reinsurance Co.Orbitz Worldwide Inc.Oxford Industries Inc.PanduitPerkinElmer Inc.PfaudlerPolaris IndustriesPolymer Group Inc.PolyOnePRA Health SciencesPrincipal Financial GroupPrintpack Inc.PrologisQAD Inc.Red Hat Inc.Regal Beloit Corp.Ritchie Bros. AuctioneersRobertshawSabre Corp.SalesforceSamuel, Son & Co. Ltd.SAP SESchneiderSealed Air Corp.Shell International B.V.ShireSoftware AG USA Inc.Solar Turbines Inc.Solenis LLCSPX Corp.Starwood Hotels & Resorts

Worldwide Inc.STERIS Corp.STMicroelectronics Inc.SunGardSwiss ReT.D. Williamson Inc.TE ConnectivityTeva PharmaceuticalsTexas InstrumentsThe Bilco Co.The Hershey Co.The Manitowoc Co. Inc.The NPD Group Inc.The Toro Co.The Valspar Corp.The Warranty GroupThomson ReutersTransCanada PipeLines Ltd.TransUnionUL LLCUnisys Corp.Visteon Corp.VMWareW.R. GraceW.W. Grainger Inc.Waters Corp.

Western UnionXL GroupYamana GoldZoetis

Netherlands

A.T. KearneyAllied Motion TechnologiesArmstrong World IndustriesARRISAutomatic Data Processing LLCAvery DennisonBaxterBenchmark Electronics Inc.Bio-Rad Laboratories Inc.BMC SoftwareBrunswickCantel MedicalCartusChiltern InternationalCiena Corp.CimpressCitrixCNHICommVault Systems Inc.Con-way Inc.Convergys Corp.CSA GroupCSCCSLCytec Industries Inc.Dawn Food Products Inc.Dialog SemiconductorDiscovery CommunicationsDolby Laboratories Inc.Dresser-RandEnscoExpediaF5 NetworksFerro Corp.FLIR Systems Inc.Flowserve Corp.FluorFM GlobalForrester Inc.Freeport-McMoRan Inc.General MotorsGfK SEGoogle Inc.GoPro Inc.Graphic Packaging InternationalHasbro Inc.Hollister Inc.IBMIDEXX Laboratories Inc.IlluminaIngersoll Rand PLCInteractive Intelligence Group Inc.




G

LOB

AL

P

art

icip

an

t L

isti

ng

Johnson ControlsKatun Corp.Kelly Services Inc.Level 3 CommunicationsLyondellBasellManhattan Associates Inc.MathworksMcCain Foods Ltd.MeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.Moog Inc.MWH Global Inc.Mylan Inc.Nike Inc.NN Group NVNokia Nordson Corp.Nu Skin EnterprisesNuStar EnergyOn-Line Computer CenterOxford Industries Inc.PanduitPerkinElmer Inc.Physio-ControlPolymer Group Inc.PolyOnePRA Health SciencesPrintronixProgressPrologisQAD Inc.Ralph LaurenRed Hat Inc.Regal Beloit Corp.Ritchie Bros. AuctioneersSabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.Shell International B.V.ShireSolar Turbines Inc.Solenis LLCSPX Corp.Stanley Black & DeckerStolt-Nielsen Ltd.SunGardTake-Two Interactive

Software Inc.TE ConnectivityTesla Motors Inc.Texas InstrumentsThe Valspar Corp.The Warranty GroupThomson Reuters

Total System Services Inc. (TSYS)

TransatTrinseoTronox Ltd.UL LLCUnisys Corp.VMWareW.W. Grainger Inc.Waters Corp.Western UnionWolverine WorldwideXL GroupZoetis

Russia

A.T. KearneyAecomArmstrong World IndustriesAspen TechnologyBaxterBio-Rad Laboratories Inc.Broadridge Financial

Solutions Inc.Caterpillar Financial

Services Corp.Chiltern InternationalCHS Inc.Ciena Corp.CitrixCNHIDechert LLPDeere & Co.Discovery CommunicationsF5 NetworksFlowserve Corp.FluorGeneral Motors Co.Glu Mobile Inc.Google Inc.Hasbro Inc.IBMIMS HealthIngersoll Rand PLCInternational PaperJohnson ControlsKelly Services Inc.Kohler Co.Mary Kay Inc.MeadWestvaco Corp.Medtronic PLCMetLifeMoody’sNike Inc.Nokia Nvidia Corp.PRA Health SciencesPraxair, Inc.

Sabre Corp.SAP SESAS InstituteSealed Air Corp.Shell International B.V.ShireSolar Turbines Inc.Solenis LLCT.D. Williamson Inc.TE ConnectivityTexas InstrumentsThomson ReutersTotal System Services

Inc. (TSYS)VMWareW.R. GraceWestern UnionZoetis

Singapore

A+E NetworksA.T. KearneyAecomAlstomTAM Castle & Co.ARRISAspect SoftwareAspen TechnologyAutomatic Data Processing LLCAvery DennisonAxis Capital Holdings Ltd.BaxterBenchmark Electronics Inc.Berry Appleman & Leiden LLPBio-Rad Laboratories Inc.BMC SoftwareBroadridge Financial

Solutions Inc.BrunswickCP KelcoCabot Microelectronics Corp.Cantel MedicalCarlson Rezidor Hotel GroupCarpenter Technology Corp.CartusCaterpillar Financial

Services Corp.CDM Smith Inc.Chiltern InternationalCHS Inc.Ciena Corp.CignaCitrixCME GroupCoherent Inc.CommVault Systems Inc.Con-way Inc.Coriant

CSCCSG InternationalCurtiss-Wright Corp.Dairy Farm SingaporeDamco LogisticsDeere & Co.Dialog SemiconductorDigitalGlobeDiscovery CommunicationsDolby Laboratories Inc.Dow Corning Corp.ElliottEnscoEquinixExcelitas TechnologiesF5 NetworksFlowserve Corp.FM GlobalFMC Corp.Forrester Inc.General Motors Co.GlobalFoundriesGoogle Inc.Hasbro Inc.IBMIlluminaIMS HealthIngersoll Rand PLCInternational PaperJohn Wiley & Sons Inc.Johnson ControlsKatun Corp.Kelly Services Inc.Kohler Co.LyondellBasellManhattan Associates Inc.McGraw-Hill EducationMedtronic PLCMercerMeritor Inc.Merrill Corp.MetLifeMFS InvestmentsMoody’sMoog Inc.MSA Safety Inc.Navigant Consulting Inc.New Balance Athletic Shoe Inc.NewMarket Corp.Nike Inc.Nokia Nordson Corp.Nu Skin EnterprisesOdyssey Reinsurance Co.OM Group Inc.ON SemiconductorOrbitz Worldwide Inc.Oxford Industries Inc.




GLO

BA

LP

artic

ipa

nt L

isting

Pacific Life InsurancePan Pacific Hotels GroupPanduitPerkinElmer Inc.Pioneer InvestmentsPRA Health SciencesPrincipal Financial GroupPrintronixQAD Inc.Ralph LaurenRealogyRed Hat Inc.Regal Beloit Corp.ResMed Inc.Rio TintoSabre Corp.SalesforceSAP SESAS InstituteScripps Networks InteractiveSealed Air Corp.Shearman & Sterling LLPShell International B.V.Solar Turbines Inc.Solenis LLCSPX Corp.Starwood Hotels & Resorts

Worldwide Inc.STERIS Corp.Stolt-Nielsen Ltd.SunGardSwiss Reinsurance Co. Ltd

(HK Branch)Syniverse TechnologiesT.D. Williamson Inc.Take-Two Interactive

Software Inc.TE ConnectivityTeekay Corp.Texas InstrumentsThe Hershey Co.The Valspar Corp.Thomson ReutersTreasury Wine EstatesUL LLCVMWareW.R. GraceWaggener Edstrom

CommunicationsWaters Corp.Wellington ManagementWestern UnionZoetis

Spain

A.T. KearneyAecomAmneal PharmaceuticalsAnsys Inc.

ApotexARRISAutomatic Data Processing LLCAvery DennisonBaxterBio-Rad Laboratories Inc.BMC SoftwareBrunswickCaterpillar Financial

Services Corp.Cerner Corp.Chiltern InternationalCiena Corp.CignaCimpressCitrixCNHICommScope HoldingCommVault Systems Inc.Convergys Corp.CSCCSLCSL BehringDawn Food Products Inc.Deere & Co.Discovery CommunicationsDolby Laboratories Inc.ExpediaF5 NetworksFerro Corp.FLIR Systems Inc.Flowserve Corp.FluorFMC Corp.General Motors Co.Google Inc.Graphic Packaging InternationalHanesbrands Inc.Hasbro Inc.Hexcel Corp.Hollister Inc.HomeAway Inc.Houghton InternationalIBMICF International Inc.IDEXX Laboratories Inc.Ingersoll Rand PLCInternational PaperJohnson ControlsKohler Co.Kronos Inc.Level 3 CommunicationsLyondellBasellMary Kay Inc.MathworksMcGraw-Hill EducationMeadWestvaco Corp.Medtronic PLC

MercerMetLifeMylan Inc.Nexeo SolutionsNike Inc.Nokia Nordson Corp.Orbitz Worldwide Inc.PeopleMattersPerkinElmer Inc.Polymer Group Inc.PolyOnePRA Health SciencesQAD Inc.Ralph LaurenRed Hat Inc.Ritchie Bros. AuctioneersSabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.Shell International B.V.ShireSolar Turbines Inc.Solenis LLCSPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.STERIS Corp.Stolt-Nielsen Ltd.SunGardSwiss ReTake-Two Interactive

Software Inc.TE ConnectivityThe NPD Group Inc.Thomson ReutersUL LLCUnisys Corp.VMWareW.R. GraceWaters Corp.Western UnionXL GroupZoetis

Sweden

AAMAdvent SoftwareAnsys Inc.ARRISAutomatic Data Processing LLCAvery DennisonBaxterBio-Rad Laboratories Inc.BMC Software

BrunswickCarpenter Technology Corp.CitrixCNHICommVault Systems Inc.Convergys Corp.CSCCSG InternationalCSLCSL BehringCurtiss-Wright Corp.Deere & Co.Digital River Inc.Discovery CommunicationsDolby Laboratories Inc.ExpediaF5 NetworksFLIR Systems Inc.Flowserve Corp.FM GlobalGeneral Motors Co.Google Inc.GTECHHollister Inc.IBMIngersoll Rand PLCJohnson ControlsMathworksMedtronic PLCMercerMeritor Inc.MTS SystemsMylan Inc.Nike Inc.Nokia Orbitz Worldwide Inc.PerkinElmer Inc.Physio-ControlPRA Health SciencesRalph LaurenRed Hat IncResMed Inc.Sabre Corp.SalesforceSAP SESAS InstituteSealed Air Corp.ShireSolenis LLCSPX Corp.Stanley Black & DeckerSunGardSungard Availability ServicesTE ConnectivityTesla Motors Inc.Texas InstrumentsThomson ReutersTrinseo




G

LOB

AL

P

art

icip

an

t L

isti

ng

Unisys Corp.VMWareW.R. GraceWaters Corp.Western UnionXL Group

Switzerland

Allied Motion TechnologiesAnsys Inc.Automatic Data Processing LLCAvery DennisonAxis Capital Holdings Ltd.BaxterBio-Rad Laboratories Inc.BMC SoftwareBroadridge Financial

Solutions Inc.CartusCaterpillar Financial

Services Corp.CHS Inc.CimpressCitrixCNHICSCCSLCSL BehringCurtiss-Wright Corp.Deere & Co.ExpediaFlowserve Corp.General Motors Co.Google Inc.H.B. Fuller Co.Hasbro Inc.Hollister Inc.HomeAway Inc.Hyatt Hotels Corp.IBMIDEXX Laboratories Inc.Ingersoll Rand PLCJohnson ControlsKelly Services Inc.MathworksMeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.Mylan Inc.Nike Inc.Orbitz Worldwide Inc.PATHPerkinElmer Inc.Polaris IndustriesRalph LaurenRed Hat Inc.ResMed Inc.

SalesforceSAP SESAS InstituteSealed Air Corp.Shell International B.V.ShireSolar Turbines Inc.Solenis LLCStanley Black & DeckerSunGardSwiss ReTE ConnectivityTesla Motors Inc.The Valspar Corp.Thomson ReutersTrinseoUL LLCUnisys Corp.VerisignVMWareWaters Corp.Western UnionXL GroupZoetis

United Kingdom

2020A+E NetworksA.T. KearneyAAMACCO Brands Corp.Advanced Technology ServicesAdvent SoftwareAecomAlixPartners LLPTAM Castle & Co.American Eagle OutfittersAmneal PharmaceuticalsAnsys Inc.AppSenseApptio Inc.Armstrong World IndustriesARRISAspect SoftwareAspen TechnologyAutomatic Data Processing LLCAvalara Inc.Avery DennisonAvidAxis Capital Holdings Inc. BaxterBBA AviationBechtel Global Corp.Bemis Manufacturing Co.Berry Appleman & Leiden LLPBill and Melinda Gates

FoundationBio-Rad Laboratories Inc.

BlackBerry Ltd.BMC SoftwareBristow GroupBroadridge Financial

Solutions Inc.Brooks Sports Inc.BrunswickBuild-A-Bear WorkshopCP KelcoCallaway Golf Co.Capgemini FInancial ServicesCapital One FinancialCapsugelCartusCatalent Pharma SolutionsCaterpillar Financial

Services Corp.Cerner Corp.ChannelAdvisorCharter Manufacturing Co. Inc.Chiltern InternationalCiena Corp.CignaCimpressCincomCitrixCME GroupCNHICobhamCode 42 Software Inc.Coherent Inc.CommScope HoldingCommVault Systems Inc.Compass MineralsCon-way Inc.Convergys Corp.Cooper StandardCoriantCSA GroupCSCCSG InternationalCSLCSL BehringCurtiss-Wright Corp.Cytec Industries Inc.David’s BridalDawn Food Products Inc.Dechert LLPDeere & Co.Dialog SemiconductorDigi InternationalDigital River Inc.DigitalGlobeDigitasLBiDiscovery CommunicationsDocuSignDolby Laboratories Inc.Dow Corning Corp.

Dresser-RandDuravantE2open Inc.EchoStar Corp.ElliottEnerflex Ltd.Enphase Energy Inc.EnscoEquinixExcelitas TechnologiesExpediaExpert Global SolutionsF5 NetworksFareportalFederal MogulFederal-Mogul Motorparts


Ferro Corp.FLIR Systems Inc.Flowserve Corp.FluorFM GlobalFMC Corp.Forrester Inc.Frank’s InternationalFreeport-McMoRan Inc.Gap Inc.General Motors Co.GenesysGfK SEGilead SciencesGlanbia Performance NutritionGlatfelterGoogle Inc.Graco Inc.Graphic Packaging InternationalGTECHHalyard HealthHanesbrands Inc.Hasbro Inc.HessHexcel Corp.Hollister Inc.HomeAway Inc.Houghton InternationalHyatt Hotels Corp.IBMICF International Inc.IDEX Corp.IDEXX Laboratories Inc.IHSIlluminaIMS HealthIngersoll Rand PLCInsightsInteractive Intelligence Group Inc.International Paper




GLO

BA

LP

artic

ipa

nt L

isting

Interpublic GroupJarden Consumer SolutionsJohnson ControlsKatun Corp.Kelly Services Inc.Kohler Co.Kronos Inc.L BrandsLevel 3 CommunicationsLyondellBasellMagnitude SoftwareManhattan Associates Inc.Mary Kay Inc.MathworksMcCain Foods Ltd.McGraw-Hill EducationMcGuireWoods LLPMeadWestvaco Corp.Medtronic PLCMercerMeritor Inc.Merrill Corp.MetLifeMFS InvestmentsMINDBODYMolson Coors Brewing Co.Moody’sMoog Inc.MTS SystemsMWH Global Inc.Mylan Inc.NAMSANational Basketball AssociationNavigant Consulting Inc.NBTYNeustarNew Balance Athletic Shoe Inc.NewMarket Corp.Nexeo SolutionsNike Inc.Nokia Nordson Corp.NSF InternationalNuStar EnergyNvidia Corp.Odyssey Reinsurance Co.On-Line Computer CenterOuterwall IncOxford Industries Inc.Pacific Life InsurancePanduitPerkinElmer Inc.Physio-ControlPioneer InvestmentsPiramal Enterprises Ltd.Pitney Bowes Inc.Polaris IndustriesPolymer Group Inc.

PolyOnePRA Health SciencesPrincipal Financial GroupProgressPrologisQAD Inc.Ralph LaurenRaytheon Co.RealogyRed Hat Inc.Regal Beloit Corp.ResMed Inc.Ritchie Bros. AuctioneersRocket FuelRowan Companies, Inc.Royal Bank of CanadaSabre Corp.SalesforceSAP SESAS InstituteScripps Networks InteractiveSealed Air Corp.Shearman & Sterling LLPShell International B.V.ShireSolenis LLCSplunk Inc.SPX Corp.Stanley Black & DeckerStarwood Hotels & Resorts

Worldwide Inc.STERIS Corp.Stolt-Nielsen Ltd.SunGardSungard Availability ServicesSwiss ReSyniverse TechnologiesT.D. Williamson Inc.Take-Two Interactive

Software Inc.TE ConnectivityTeekay Corp.Teknion Corp.Tempur Sealy International, IncTesla Motors Inc.Texas InstrumentsThe Bilco Co.The Manitowoc Co. Inc.The NPD Group Inc.The Scotts Miracle-Gro Co.The Toro Co.The Valspar Corp.The Warranty GroupTheorem Clinical ResearchThomson ReutersTotal System Services

Inc. (TSYS)TransatTreasury Wine Estates

UL LLCUnisys Corp.Unum GroupVerisignVision Solutions Inc.Visteon Corp.VMWareW.R. GraceW.W. Grainger Inc.Waggener Edstrom

CommunicationsWalt Disney InternationalWaters Corp.Wellington ManagementWestern UnionWhole Foods MarketWolverine WorldwideXL GroupYoung Presidents’

Organization Inc.Zetron Inc.Zoetis


UN

ITE

D S

TAT

ES

Su

rve

y D

efi

nit

ion

s

Bonus: an after-the-fact reward or payment based on the

performance of an individual, a group of workers operating

as a unit, a division or business unit, or an entire workforce.

Exempt Salaried: all other salaried employees, except

officers and executives, not subject to the overtime pay

provisions of the Fair Labor Standards Act of 1938 (FLSA).

General increase/Cost of Living Allowance (COLA):

an identical pay raise either in a flat rate such as cents

per hour or as a percentage of salary given to all eligible

employees. Also known as an across-the-board increase.

Nonmanagement Hourly Nonunion (Non-U.S.): hourly

nonunion employees. Exclude hourly union employees.

Lump-sum Award: an award that is paid in a

single cash payment.

Incentive: any form of variable payment tied to perfor-

mance. The payment is a monetary award. Incentives are

contrasted with bonuses in that performance goals for

incentives are predetermined.

Management Salaried (Non-U.S.): all other salaried

employees, except officers and executives.

Merit increase: an adjustment to an individual’s

base pay rate based on performance or some other

individual measure.

Nonexempt Hourly Nonunion: hourly employees who

are not exempt from the minimum wage and overtime pay

provisions of the Fair Labor Standards Act of 1938 (FLSA).

Exclude hourly union employees.

Nonexempt Salaried: salaried (compensation paid by the

week, month or year rather than by the hour) employees

who are not exempt from the minimum wage and overtime

pay provisions of the Fair Labor Standards Act of 1938

(FLSA). Exclude hourly employees both union and nonunion.

Nonmanagement Salaried (Non-U.S.): salaried

nonunion employees. Exclude hourly employees

both union and nonunion.

Officers/Executives: top and/or senior management that

have significant responsibility for the management of the

company as well as influence on the results of the company.

Other increase: may include internal equity adjustments,

salary range adjustments, skill-based pay increases. See

options in question 9a for more examples.

Promotional increase: an increase in a salary or wage

rate provided to a person because of a promotion to

a higher-level job.

Salary range structure change: the percent change in the

control points (or the midpoints) of a formal salary range,

band or wage rate that are adjusted to reflect movements

in the market place.

Total base salaries: total salaries for all eligible employees

(base salaries only).

Total increase: the total amount of any combination

of the above increases (General, COLA, Merit, Other)

expressed as a percentage of payroll to be granted as

increases during the year. The budget percentage is

calculated by totaling the amount of general increases,

cost-of-living increases, merit and other increases granted

or scheduled to be granted in the year, and dividing the

total salaries of all eligible employees whether or not they

received a salary increase.

Variable pay: compensation that is contingent on

discretion, performance or results achieved. It may be

referred to as pay at risk.

S U R V E Y D E F I N I T I O N S


Q U E S T I O N N A I R E

United States

UN

ITE

D S

TAT

ES

Qu

estio

nn

aire

*Mandatory question


United States


UN

ITE

D S

TAT

ES

Qu

est

ion

na

ire

*Mandatory question



United States

UN

ITE

D S

TAT

ES

Qu

estio

nn

aire

*Mandatory question


United States


UN

ITE

D S

TAT

ES

Qu

est

ion

na

ire

*Mandatory question



United States

UN

ITE

D S

TAT

ES

Qu

estio

nn

aire

*Mandatory question


United States


UN

ITE

D S

TAT

ES

Qu

est

ion

na

ire

*Mandatory question



United States

UN

ITE

D S

TAT

ES

Qu

estio

nn

aire

*Mandatory question


United States


UN

ITE

D S

TAT

ES

Qu

est

ion

na

ire

*Mandatory question



United States

UN

ITE

D S

TAT

ES

Qu

estio

nn

aire

*Mandatory question


United States


UN

ITE

D S

TAT

ES

Qu

est

ion

na

ire

*Mandatory question



United States

UN

ITE

D S

TAT

ES

Qu

estio

nn

aire

*Mandatory question


Canada


*Mandatory question

CA

NA

DA

Q

ue

stio

nn

air

e



Canada

*Mandatory question

CA

NA

DA

Qu

estio

nn

aire


Canada


*Mandatory question

CA

NA

DA

Q

ue

stio

nn

air

e



Canada

*Mandatory question

CA

NA

DA

Qu

estio

nn

aire


Canada


*Mandatory question

CA

NA

DA

Q

ue

stio

nn

air

e



Global

*Mandatory question

GLO

BA

LQ

ue

stion

na

ire


Global


*Mandatory question

G

LOB

AL

Q

ue

stio

nn

air

e



Global

*Mandatory question

GLO

BA

LQ

ue

stion

na

ire


Global


*Mandatory question

G

LOB

AL

Q

ue

stio

nn

air

e



Global

*Mandatory question

GLO

BA

LQ

ue

stion

na

ire

Need More Data for the U.S. or Canada?

12

4

3

5

Log in at www.worldatwork.org/salarybudgetsurvey.

Under My Subscriptions, select “2015-2016 Salary Budget Survey.”

Run unlimited reports, customized by:

a. Type of data

b. Statistic (e.g., mean, median, 25th/75th percentile)

c. Industry

d. Number of employees

e. Revenue

f. Geographic region

g. State/province

h. Major metropolitan area

Simply view reports or “print to PDF” those you wish to save.

Store printed reports in the folder inserts that follow this page.

See page 6 (Get Started Now) for step-by-step login and “Online Reporting Tool” access instructions.

For additional assistance with the “Online Reporting Tool,” please contact our Customer Relationship Services team at 877-951-9191 or 480-922-2020, or [email protected].

2015SBS_OnlineTools_J776.indd 1 7/15/15 12:37 PM

Documents

WorldatWork 2015-2016 Salary Budget Survey€¦ · After you have logged in, select the “2015-2016 Salary Budget Survey” subscription. After reviewing and accepting the terms