Annual Pay Raise 'Old School' for Today’s Worker
- Sunday, 06 November 2016
- Benefits
Annual pay raises have been a long-time norm in the U.S. workplace as they have ensured nearly all employees--from superstar to subpar--receive a yearly increase. But some employers are questioning if it makes sense to stick with the tradition where pay increases usually top out at 3% and leave them little leeway to reward high-performing employees much higher than average workers. So reports The Wall Street Journal.
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