Monday, February 3, 2014

Look for Another Modest Pay Raise in 2014

T'is the season for annual reviews. You’ll probably get a raise in 2014. But unless you’re a star at work, you’ll hardly notice. Starting a new job? You’re likely to do better than the new hires of 2013—and for a few choice occupations, the boss is really paying up.

A survey by Towers Watson Data Services found that employers were planning to bestow pay increases that will average 2.9% in 2014. That’s up a hair from the 2.8% average increases that employees got in both 2012 and 2013. Kiplinger expects the inflation rate to be 2% in 2014, so an employee who gets the average raise will more than keep up with rising prices

To read the full article click here.

Source: Anne Kates Smith (

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