Where Have All the Raises Gone?
Compensation Cafe
JUNE 23, 2015
Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. The share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent in 2001, from a high of 10 percent in 1981. percent of payrolls. It dropped to 4.3
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