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Let’s Talk Agribusiness Salaries

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U.S. Agribusiness HR Review – Ninety-one percent of agribusinesses increased salaries during the last 12 months and 43% had an average increase of 2.6-3%.  More than half of companies said all staff would receive a raise within the next year.  The full Agribusiness HR Review documents emerging industry trends and developments on a range of human resource management practices, including employee attrition, workforce trends, development, flexible staffing, bonus and incentive schemes, benefits, recruitment practices and employer branding strategies.

 

Infographic - Title: Let’s Talk Agribusiness Salaries. Sub-title: Brought to you by the AgCareers.com Agribusiness HR Review. Image Text:  91% of agribusiness companies said salaries have increased during the last 12 months.  43% said that the average increase received by employees during the last 12 months is 2.6-3%.  The following percentages according to role type have received this raise:  39% Executive, 47% Middle Management, 40% Sales Staff, 57% Salary/Exempt, 54% Hourly/Non-Exempt.  57% said all staff would receive a raise within the next 12 months.  41% said some staff would receive a raise within the next 12 months.  92% of salary increases were given on behalf of merit or performance.  But what about next year?  47% said that they have budgeted between 3.1 – 3.5% salary increases for the next financial year.   Learn more about the AgCareers.com Agribusiness HR Review at www.AgCareers.com.