Recession Squeezes Salaries

摘要

With revenue continuing to be a significant struggle for many contractors, salaries for construction staff are languishing at levels not seen in decades. Salary increases fell from 4.1% in 2008 to 3% in 2009 among companies that offered raises, and contractors estimate they could dip to 2.9% in 2010, according to a recent survey by PAS Inc., a construction-compensation consulting firm in Saline, Mich.