Pay Raises Expected to Increase 3.5%

Posted by Dave Lorenzo - Business Coach

“Pay raises for most salaried workers will increase by 3.5 percent this year as employers keep budgets in check, the Conference Board reported on Thursday.”

When your next annual review comes up, keep this in mind. Negotiate for a strong salary increase by showing what value you add to the company—how you save money, bring in more money, and improve processes across the board. People who do not make this effort receive minimal increases, while those who do are rewarded for their hard work.

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