Better paydays ahead Source: The Wall Street Journal According to a survey by Hewitt Associates, many employers are planning to reinstate merit increases in 2010, but some compensation experts say base salaries are unlikely to return to pre-recession levels anytime soon. Of the 555 large US employers polled in October, 83% have said that they will give out raises next year, while only about half did so in 2009. None anticipate pay reductions after 10% cut in salaries this year. I really doubt that some of the big 4 who pulled off a "no raise across the board" tactic this year can do so two years in a row...but you never know.
Blogged about my life in the Big 4 and now about life in Private Accounting