California Salary Increases to be at an Eight-Year High.Business Editors LOS ANGELES--(BUSINESS WIRE)--Sept. 27, 2000 Annual Survey for Next Year's Planning Reveals Job Growth and Employee Retention Efforts to be Top Priorities for California Companies in 20001 California companies are preparing to kick off the new year by giving employees their highest percentage raises in eight years, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a survey released today by the Employers Group The Employers Group is a nonprofit association of employers based in Los Angeles, California. Founded in 1893 as the Merchants Association, the organization's initial goal was to secure the open shop in all workplaces in the city. , one of the nation's largest and oldest human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. organizations. "The Employers Group annual survey of companies' budgets is one of the most anticipated reports among chief executives of California companies," William R. Dahlman, president and chief executive officer of Employers Group said. The Employers Group's "Year 2001 Budget Survey," which queried a diverse group of 456 California companies during their annual budget preparations, reveals that 97 percent of California employers will give increases, with 35.4 percent of companies in the Golden State projecting salary increases that are higher than last year. Among those companies increasing their budgets, the average non-executive merit increase in 2001 will be 4.72 percent -- the largest average percent climb since 1992. Total salary increases, including cost-of-living raises, bonuses, and lump-sum payments for non-executive personnel, will average 5.21 percent; a 0.41 percent gain from the 4.80 percent projected in 2000. The survey also noted that engineering, information technology, and technical personnel will continue to be in high demand across the state in 2001. Employment picture differs between Southern and Northern California The survey noted a contrast between San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay and Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, firms. It showed that companies in the San Francisco Bay Area are planning merit budget increases that are significantly higher than any other major metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. in California. Projected non-executive merit increases by firms in the San Francisco Bay Area will range between 5.86 and 6.69 percent versus 4.48 to 4.75 percent in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. areas. The Bay Area is also expecting a workforce increase greater than Southern California among hourly workers -- 13.8 percent of firms are forecasting significant workforce increases of production, service, and maintenance employees, while only 9 percent of firms in Southern California reported such a forecast. The survey also found variations between Northern and Southern California companies in layoff and turnover anticipations. "No firms in the San Francisco Bay Area reported layoff plans for 2001, although 3.5 percent of firms in Southern California are planning layoffs for 2001," noted Juan Garcia Juan Garcia can refer to
A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area. and Orange County. "Employers want to know what other companies in their field or in their region are planning, and in today's tight labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience , it is critical to budget competitively. This survey provides a whole range of useful information -- from anticipated increases in sales, to outlooks on the U.S. economy, to changes in benefits, including a prevalence of stock options. It is also helpful because we survey all industry sectors, and all sizes of companies throughout the state," Dahlman said. Employers Group is dedicated to helping California companies maximize the efficiency of their personnel by providing expert human resources information and counsel. Nearly 5,000 companies and their more than 2 million employees rely on Employers Group to answer their workplace questions and issues. Employers Group is an effective ally for California businesses seeking to successfully compete in the country's most dynamic and varied business arena. The survey is available to the approximately 5,000 member companies of the Employers Group, as well as in limited version to the news media. For more information, visit the Employers Group Web site at www.employersgroup.com or call 213/765-3957. |
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