WAYLAND, MASS. — According to ZweigWhite’s 2009-2010 Management Compensation Survey, some companies are cutting back on bonuses after a year of reduced revenues and profits. These findings are based on the analysis of the base salary, bonus, overtime pay, and total compensation information at leading U.S. architecture, engineering, planning (A/E/P) and environmental consulting firms.
The survey points out that while 48 percent of the companies surveyed plan to leave their incentive compensation plans intact in 2010, 6 percent are eliminating them and 12 percent are giving out smaller bonuses. In addition, 9 percent are hiring at lower rates and not giving out bonuses.
Electronic and printed editions of this report are available for purchase from ZweigWhite.