Nonprofit Pay Increases Reflect Economic Conditions, Shows New Study by Total Compensation Solutions

"Preliminary salary budget reports suggest that both for profit and nonprofit organizations are considering either a freeze on salary adjustments or minimal increases." Historical trends indicate a high degree of correlation between salary budgets and the consumer price index (CPI). "With a significant increase in the unemployed labor force and a lower CPI, many employers are simply being cautious about increasing pay," according to Gavejian.