Salary Raises

Raises have been minimal, or non-existent from 2010 to 2012, according to a survey from Mercer, a New York human resources consulting firm. Most raises have been in the 2.7 percent range this year -- less than the 2012 cost of living adjustment of 3.6 percent. Clearly, the struggling job market is enabling ...

According to a recently re-released World at Work Survey, the average annual salary increase is down to 2.5 percent, .a 0.3 percent decrease from the original forecast of 2.8 percent a few months ago. So how will employers continue to reward performance in light of these paltry merit increase budgets? Here's what ...