Despite the economic challenges that many architecture, engineering, planning (A/E/P) and environmental consulting firms have faced in recent years, a majority of firms continue to include pay increases for their staff in their annual budgets, according to the report “2010 Policies, Procedures, and Benefits Survey of Architecture, Engineering, Planning & Environmental Consulting Firms” recently released by ZweigWhite, a Wayland, Mass.-based business management firm. Moreover, according to report, the average pay increase that A/E/P firms project they will provide in 2010 has increased from 2009.
”Not only do architecture, engineering, planning, and environmental consulting firms continue to include pay increases in their budgets, but the average percentage of pay increases projected for this year continues to rise,” says Margot Suydam, managing editor of ZweigWhite's Management Surveys. “This is particularly true of pay increases at A/E (mostly architecture) and multidisciplinary engineering firms more than other firm types.”
The “2010 Policies, Procedures, and Benefits Survey of Architecture, Engineering, Planning & Environmental Consulting Firms” reports on and analyzes industry norms that govern today's work force, covering everything from leave, vacation, and professional development policies to compensation issues, 401(k) plans, and group insurance benefits. The report addresses all aspects of personnel-related issues, such as hiring practices, recruitment, performance reviews, severance pay, employee relocation, and more. The report features comparison tables where data is broken down into demographic subgroups such as firm type, firm staff size and region of office.
For more information, visit the ZweigWhite Web site.
Source: ZweigWhite