6:34 am February 15, 2010, by Henry Unger
When was the last time you’ve had a raise?
After many workers have gone without a salary increase for two years, some may see a little more money in their paychecks this year, AJC staffer Tammy Joyner writes.
The emphasis should be on the word little.
Joyner writes that the amount of money companies have budgeted for potential pay increases this year is the lowest in 25 years, according to The Conference Board, a global business and research nonprofit in New York.
The board’s latest survey on pay raises shows that salary increases budgeted by U.S. companies this year will be below 3 percent for the first time in more than two decades.
What’s happening at your company?
Are layoffs and other cost-cutting measures still preventing a wage increase? Or is the recession thawing enough for a raise this year?
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