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Under the auspices of Perry S. Hewitt ’87, Director of Digital Communications and Communications Services (long title = important), the Gazette has completely redesigned its print publication and website. The snazzy new site boasts increased multimedia content (again, media progress, not media catastrophe) including photography slide shows, audio, video, and an event calendar...
...Hewitt, Don •worshipful obituary...
...silver lining, according to the Hewitt survey, is that performance-based compensation is on the rise. If you've got the numbers to prove you're a top worker, your earnings are somewhat insulated from the broader trend. For 2009, a full 12% of corporate payrolls have been devoted to bonuses, according to Hewitt. That's up substantially in recent years, from just...
...other hope on the horizon is 2010. Right now, companies are anticipating raising salaries an average of 2.7% next year. Of course, if the fledgling economic recovery doesn't stick, that could change quickly. When Hewitt ran its survey in the summer of 2008, companies thought 2009 raises would come in at 3.8% - a far cry from the 1.8% we were left with...
...Hewitt numbers also highlight differences across cities and industries. For 2010, raises are expected to be the largest in Houston (3.4%), Minneapolis/St. Paul (3%), Washington, D.C., (3%) and Des Moines (2.9%), with the smallest increases to be seen in San Francisco (2.4%), Los Angeles (2.2%) and Detroit (2.1%). In terms of industries, workers are projected to fare the best in energy (3.7%) and not as well in education (2%). Minnesota-based windmill repairmen have nothing to worry about. Just don't get a job teaching in Detroit...