After Years of 3% Increases, Where Have All the Good Raises Gone?
TLNT: The Business of HR
JUNE 25, 2015
Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. 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.