Speaking during the recent conference Eddie Adkins said that the new normal for salary increases is 3 percent.
Speaking during the recent conference, Eddie Adkins, a partner in Grant Thornton, said that the new normal for salary increases, at both management and non-management levels, is 3 percent. What is also becoming normal is variable compensation; hereby employees are rewarded, sometimes throughout the year and sometimes at the end, for performance above certain expectations.
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