Americans Are Happier with This Car Brand Than Any Other - The Fiscal Times

Sure, you might be among the lucky people who get a healthy bump in salary, but a recent survey by professional services firm Towers Watson found that companies are planning pay raises of 3 percent on average for workers. A new survey by human resources and management consultancy Aon Hewitt confirms that forecast: Even as the job market continues to improve, salaried employees can expect their base pay to increase 3 percent, or about a percentage point smaller than... From 1996 through 2000, salaries went up by about 4. 1 percent a year, according to Aon Hewitt data. "The modest increases we've seen over the past 20 years are an indication that employers have changed their compensation strategies for good, and we shouldn't expect to see salary increases revert back to 4 percent or higher levels that were... Aon Hewitt’s survey found that workers will see their variable pay rise by 12. 9 percent this year. That shift favors higher-level white-collar workers, since companies have been cutting back on bonus and incentive pay for clerical or technical workers. In 2011, only 43 percent of companies gave bonuses or other cash incentives to those hourly workers eligible for overtime pay, down from 61. Source: www.thefiscaltimes.com