When it comes to pay raises, performance counts more than ever. Raises for low performers are averaging 0.7% in 2010, while high performers are pulling in average raises of 3.7%, says a new WorldatWork survey of 2,500 employers. The survey forecasts higher raises in 2011, averaging 3.0% for both hourly and salaried workers.
Find a link to the survey and the five steps to a pay-for-performance system at www.theHRSpecialist.com/2010salaries.
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