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Yardstick Update

Retail pay rates are stacking up nicely

by Personnel Today 28 Jan 2003
by Personnel Today 28 Jan 2003

Salary
increases in retailing averaged 3.1 per cent in the year to 2002.

A
study by Mercer’s sector survey of pay, benefits and human resource policies
shows that average rises ranged from 3.5 per cent for board managers to 3.1 per
cent for staff at senior management, management and professional levels.

Administrative
and store staff received increases of 3.3 per cent and 3.4 per cent
respectively.

For
the year to July 2003, respondents anticipate an average increase of 2.9 per
cent.  www.mercerhr.com

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Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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