1. Washington Employment Growth – Things are Different Here

2. COLA vs. Labor Market

3. Total Salary Budget – Puget Sound 2009 Projections2008 Actual Non- exempt ExemptExecutiveNon- exempt ExemptExecutive WorldatWork3.5%4.0% 3.7%3.8%3.9% CompData3.6%3.7%3.6%3.4%3.6%3.5% Milliman3.7%3.6%3.9%3.8% 3.9%

4. Research – What Employees Want

7. Flexible Work Arrangements Offered Companies by Size All Companies Up to 100 101 to 1,000 Over 1,000 Flexible Work Hours 90%95%85%95% Telecommuting88%91%90%82% Part-time Professional Ees 64%50%65%77% Compressed Work Weeks 29%14%29%45% Job Sharing11%5%6%27% Culpepper survey of IT and biotech firms 1/2008 Percentages add to more than 100% because companies may have more than one option.

8. Productivity of Employees in Flex Work Programs Percent of Companies Rating (Compared to Regular Schedule Ees) BetterAbout the Same Worse Flexible Work Hours30%70%0% Telecommuting25%69%6% Part-time Professional Ees 19%81%0% Compressed Work Weeks 7%93%0% Job Sharing14%86%0% Culpepper survey of IT and biotech firms 1/2008

9. Questions?? Thank you! Contact information: Catherine Dovey, CCP, SPHR Principal Compensation Works LLC 206-306-0299 cdovey@compensationworks.com