New Yorkers to get pay bump in 2014

English: Looking south from Top of the Rock, N...

Looking south from Top of the Rock, New York City (Photo credit: Wikipedia)

By Nazish Dholakia

Workers in New York City will see their pay tick upward in 2014, according to a survey by Aon Hewitt.Working New Yorkers will get a salary bump of 2.8%, up from 2.6% in 2013. But the expected increase still falls short of the national average, 3%.In fact, the survey places New York City among places that will see the lowest increases in salary, along with Boston, where employees are expected to see salary increases of 2.8%, according to the survey released Thursday.On average, executives in New York City and non-union hourly employees, like retail and tourism workers, can expect their salaries to increase by 2.9% in 2014, slightly above the citys average. Salaried employees and salaried employees who are eligible for overtime will see their pay edge higher by 2.8% and 2.7%, respectively.The survey found that nationally, salary increases have inched upward every year since 2009, when they hit an all-time low of 1.8%. At the high end nationally, executives can expect a 3% increase in 2014 while at the low end of the spectrum, union employees are likely to get an uptick in wages of 2.6%.

Read More New Yorkers to get pay bump in 2014 | Crains New York Business.

About The Soul Brother

An observer to the world. I have a unique view of the world and want to share it. It's all in love from the people of the "blues". Love, Knowledge, and Sharing amongst all is the first steps towards solving all the problems amongst humanity.
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