A U.S. Department of Labor report is expected to show employers cut 230,000 jobs in August, according to a Bloomberg News survey, and for those hoping for a nice-sized pay raise in 2009, don’t expect it.

A Conference Board report shows that the median pay raise for salaried workers is 2.5 percent in 2009, down from the original 3.5 percent that employers forecast before the recession, CNNMoney.com reported. Budgets for salary increases are projected to be the smallest in 25 years, with pay hikes at just 3 percent. With The Conference Board expecting a 2 percent rate in inflation in 2010, that would result in workers receiving just a 1 percent increase, in real income next year.

A freeze on pay raises for American workers is one of the reasons 66 percent of workers are not currently satisfied with their compensation, according to a survey by Harris Interactive on behalf of Adecco Group. The survey also found that 78 percent of American workers are not satisfied with their companies’ retention efforts, and 76 percent are not satisfied about future career growth opportunities.

“What workers are telling us is that even during a recession, just having a job does not equate to job satisfaction,” Bernadette Kenny, chief career officer of Adecco Group North America, said in the report. “Employers need to be conscious of the concerns their staff is managing through on a daily basis and proactively come up with the appropriate solutions to improve retention and reduce the current and future high cost of turnover.”

Other key findings: 48 percent of workers are not satisfied with the relationship they have with their boss; 77 percent are not satisfied with the strategy and vision of the company; 68 percent of workers are not satisfied with their companies’ contribution to their retirement plans; and 59 percent of workers are not satisfied with the level of support they receive from their colleagues.

For Adecco Group tips on how to reduce feelings of dissatisfaction among staff, click here.