For the fourth straight year, 2007 pay increases for most salaried workers will stay below 4 percent, according to the Conference Board.
Wage increases will vary by industry, with finance/insurance higher than the services sector.
The table below shows salary increase budgets in 2006 and 2007.
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| All Industries | 2006 Median | 2007 Estimated Median |
| Non-exempt | 3.5% | 3.5% |
| Exempt | 3.5 | 3.5 |
| Executive | 3.6 | 3.8 |
| Commercial Banking | ||
| Non-exempt | 3.5 | 3.5 |
| Exempt? | 3.5 | 3.5 |
| Executive? | 3.5 | 3.8 |
| Diversified Financial Services | ||
| Non-exempt?? | 3.7 | 4.0 |
| Exempt?? | 3.7 | 3.9 |
| Executive | 3.7 | 3.8 |
| Diversified Services | ||
|
Non-exempt |
3.5 | 3.6 |
| Exempt | 3.5 | 3.5 |
| Executive | 3.8 | 3.7 |
| Insurance | ||
| Non-exempt | 3.8 | 3.9 |
| Exempt | 3.9 | 3.9 |
| Executive | 3.8 | 4.0 |
| Manufacturing | ||
| Non-exempt | 3.5 | 3.5 |
| Exempt | 3.5 | 3.7 |
| Executive | 3.7 | 3.8 |
| Trade | ||
| Non-exempt | 3.5 | 3.5 |
| Exempt | 3.5 | 3.5 |
| Executive | 3.5 | 3.6 |
| Utilities | ||
| Non-exempt | 3.5 | 3.5 |
| Exempt | 3.5 | 3.5 |
| Executive | 3.5 | 3.6 |
