Saturday, January 09, 2010

Anticipated Raise Amounts for Your Staff

The cost of living from November 2008 to November 2009 was 1.8% - as defined by Table 1. Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average, by expenditure category and commodity and service group. I often suggest that "merit" should be the greatest factor in determining a raise for an employee. However, I recognize that the cost of living is frequently used as a factor, as well as considering the profitability of your practice, when determining employee raise amounts.

For 2010, in a general sense, what percentage raise do you anticipate providing your employees? Please let me know by way of participating in a brief survey - Click Here or enter your response below.

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