What are the new 2006 store? Research institutes have predicted, but the oil price instability, may lead to turn a positive prediction.
According to Michael Maciekowich, director of the National Astronomy solution, enterprises need to carefully check the eyes to the 2006 salary budget projections. "While inflation and unemployment remained stable in 2005, this change can be used as we are in 2006, has been strengthened.'s A barrel of oil, and now the priceIn the more than 60 U.S. dollars in price, may end up voting for the unemployed in the country influence. If consumers are spending the cash available outside of the non-durable goods, such as electronic transfer, fuel pump, the company can end the surplus of goods to enable them to reduce production. These events may lead to layoffs and rising unemployment. Rising unemployment, often leading to the weakening of the wage increase, due to labor supply. "
However, economists in the federal statesGovernment is optimistic. Congressional Budget Office (CBO) that the economy is a healthy growth rate. In considering the impact of inflation, according to the Congressional Budget Office, real gross domestic product (GDP), which is a country of all goods and services, the total value of annual production from 3.7% before 2006 which is 2% Point 9 of the pace.
What to say, the latest economic forecast, we expect the conditions in the coming yearCompensation budget plan? The Congressional Budget Office projected at 1.9% (2.4% and in 2005 the consumer price index) and the percentage change in the unemployment rate of 5.2% (no change compared with 2005).
Should be the year 2005-06 WorldatWork Salary Budget Survey, we estimate that in 2006 a slight decrease the use of variable pay programs to be seen. In 2005, the average economic incentives was 12.7%, employees will be exempted. 1 shows that the average household in 2006, forecasting a possible decline in incentive12.2%.
The following table is a summary of this year 2006, the average wage of 12 large enterprise groups in the interim budget level. These amounts are salary adjustments, including the benefits, promotion, market and stock markets. This table information is recently published by Mercer Human Resource Consulting, the U.S. Conference Board and the World Association of remuneration were collected.
Industry
2006 Basic Pay Adjustment
Legal and accounting services
4.0%
Business andInformation Services
3.9%
Computer software services
3.8%
Finance and banking
3.7%
Hospitality
3.7%
Insurance
3.7%
Healthcare
3.6%
Make
3.6%
Retail
3.6%
Transportation
3.6%
Education
3.3%
Property
3.3%
The following is the planned execution of a formal salary range or industry structure adjustment of wage levels of the exemption:
(Source:2005-06 WorldatWork Salary Budget Survey)
Industry
The 2006 budget salary structure adjustment
Transportation
3.6%
Property
3.1%
Hospitality
2.7%
Make
2.7%
Healthcare
2.5%
Retail
2.5%
Finance and banking
2.4%
Insurance
2.4%
Construction
2.3%
Business and Information Services
2.2%
Education
2.2%
Curious, how it compares to the U.S.The rest of the world? The following statistics are from the Chief Resources Ltd. (Shenzhen-Hong Kong Express Rail Link) 2005-06 wage growth forecasts. When you start your own budget adjustments, the introduction of Zimbabwe can only be thankful you do not pay employees!
National
2006 inflation forecast
In 2006, an increasePlan
Australia
2.5%
4.0%
Belgium
1.6%
3.0%
Brazil
7.4%
6.9%
Canada
2.3%
3.0%
China
3.6%
5.1%
Egypt
9.6%
9.8%
Finland
0.5%
2.0%
France
1.8%
3.8%
Greece
2.8%
4.5%
IrishRepublic
2.6%
3.4%
Italy
2.0%
3.8%
Japan
0.1%
2.0%
Mexico
4.4%
6.0%
Nigeria
16.1%
16.2%
Norway
1.2%
3.5%
Puerto Rico
2.7%
4.0%
Russia
8.2%
10.0%
Spain
2.8%
5.1%
Sweden
0.8%
3.0%
United Kingdom
1.8%
3.2%
United States of America
2.6%
4.2%
Zimbabwe
120.0%
120.0%
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