Accounting Now Employer Newsletter

The Return of Merit Increases

After one of the toughest years on record, employees may finally receive some welcome relief. Culpepper and Associates, a compensation-research firm, reports that of the companies that froze salaries last year, 70% have either already unfrozen them or plan to this year, according to a survey of 765 companies. That's up markedly from 51% in September, although the average size of the projected increases has decreased slightly over that time to 2.8%. Read Complete Story

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