"There must be a happy medium somewhere between being totally informed and blissfully unaware."

Doug Larson,


This section will be updated periodically providing reference information that you may find useful.

Updated December 2017

2018 Salary Planning Data updated August 2017

2018 salary increase budgets are projected to be in the 3% range (see attached detail). There are variations by industry and occupations. The one notable exception to the 3% figure are the Feds where the GS wages and schedule is currently budgeted at 1.9%. Incentives continue to grow as an integral part of employee compensation in both the private and non-profit sectors.

2017 HR and Organization Planning Factors

Federal spending and moderate Federal Reserve policy change will support continued economic expansion Growth in health care and related industries
AHCA will stay in place with modest changes to coverage and some cost reduction initiatives Marginal increases in productivity dampen salary increase budgets
Assessment of and reduction in Federal and Red State regulations and penalties for non-compliance Shifting employee's health insurance to government exchanges until change in AHCA
Modest economic growth coupled with job growth concentrated in service and high-tech jobs Continued skill shortages for high-tech and craft workers
Replacement of low to mid-level jobs with capital equipment, software, AI; positive impact on productivity, negative impact on job growth Moderate inflation coupled to low interest rates; continued marginal growth in real earnings
International economic and political instability. Uncertain direction from White House will negatively impact US policy both domestically and internationally Corporate and individual tax policy changes uncertain

Economic Data

Attached is a summary of data that will impact HR organization planning. 2017 data is current through 12/31/17. The data does indicate strong Employment, but rather modest increases in Employment Costs, weak growth in Productivity and low inflation. 2018