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Are Annual Raises still Relevant

October 27, 2016 by Texas Job Hunter

With a changing economy and changing compensation, the annual raise is falling out of favor or just keeping pace with the cost of living increase. What is taking its place, is it bonuses, which companies can hand out at will or does it change  depending upon on how a company would like to retain its employees.

Bye to the Annual Raise

Say Goodbye to the Annual

Pay Raise

The yearly ritual of doling out incremental and somewhat disappointing salary increases is quietly disappearing.

The yearly ritual of doling out incremental and somewhat disappointing salary increases is quietly disappearing.

read more at bloomberg.com

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