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Article:

Is Just Having a Job Enough?

The Time Value of Money

The biggest lever a company can pull to control costs is your salary. Last year companies budgeted 3.5% as a merit increase average. This year, many are uncertain about following that compensation plan, reducing or freezing wages adding to the level of dissatisfaction among employees. Best practices among employers is to carve out a budget to motivate and retain top performers but this year, even that may not be possible.

 

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