Looks like many employers are ready to shell out just a bit more in pay raises next year. What’s your firm planning to do? According to the HR consulting firm Mercer, the average raise for U.S. workers in 2013 will be 2.9% — a tad over the 2.7% they received the previous two years.
Virtually all the companies Mercer canvassed — 98% — said they plan to give raises in 2013, according to a CNN story.
And how’s that pie going to be split up? Mercer says (no surprise here) that top performers — about 8% of the workforce — can expect hikes of about 4.5%.
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