USA TODAY: ….Employers say they’ll dole out raises averaging 3% in 2014, virtually matching annual increases in 2013 and 2012, according to a survey of more than 900 mid- to large-size companies by compensation consultant Towers Watson out Thursday…
Just 4% of companies surveyed said they plan no boost in employee pay. During the depths of the 2008 recession, up to 75% of companies said they were freezing wages, Sejen says.
Executives are expected to receive pay increases of 3.1%, managers and salaried workers, 3%. Hourly wage earners will average a 2.9% gain… (more)
