Tue 12 March 2013
Fewer Companies Still Give Raises for Years of Service
Just 9% of U.S. companies are still following the once-common practice of basing pay raises on years of service, according to The HR Specialist. Nevertheless, employers haven't figured out how to eliminate employees' ingrained expectation of getting pay increases just because they've spent another year working for their companies. That "entitlement culture" is the result of many years of traditional, across-the-board raises.
Source: Who Gets How Much? Pay Raise Trends for 2013
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