Salaries for ’09: Flat raises, more performance pay

Despite the economic gloom dominating the headlines, three new national salary surveys predict that U.S. employers will generally hold salary increases steady in 2009. The surveys predict that employers will award average pay increases at or near 3.8% next year, nearly identical to raises given during 2008 and 2007. But smart employers aren’t handing out 3.8% across the board ...