Unemployment's remained more or less stuck around the 8 percent mark for months now—with incremental dips along the way. But for those with jobs, salaries are stalled out, as well.
But don't think things are any different for those in the insurance business. Pay increase budgets have been stuck neutral for a while now. And, not that we needed it, we have confirmation again.
The Compdata Surveys 2012 Compensation Data Insurance survey reveals pay increase budgets are at 2.8 percent, essentially reflecting no change since 2010. But pay increase budgets are projected to slightly increase in 2013, hitting 3 percent for the first time since 2009.
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