Check out the signature lines on emails you receive. Are you seeing more “chief” this or “senior” that or “VP” of whatever?
Title inflation—or “uptitling” or “title fluffing”—has been around for a long time, but it traditionally picks up speed during recessions.
While salary budgets are up this year—merit raises are running near 3.0% compared with 2.7% in 2010—some still-skittish employers are more likely to dole out title raises rather than extra cash.
Your organization likely doesn’t take title-pumping to the extremes of, say, North Korea, where dictator Kim Jong Il has more than 1,000 titles, including “guardian deity of the planet.”
What’s the response from employees to no-raise promotions? It’s better than nothing.
More than half of employees surveyed by OfficeTeam (55%) said they’d be willing to accept a promotion that didn’t include a raise.
5 questions to ask
The danger: Organizations may give gratuitous no-pay pro...(register to read more)
- Unemployment: Failing to report income is fraud
- Don't blow off legal papers unless you're prepared to personally pay back wages
- It's legit to use differences in location and duties to justify varying pay scales
- At-home online training: To pay or not?
- Consult your attorney for expert assistance on workers' compensation disputes