We've heard companies were flirting with adjusting salaries for inflation. Now, they're putting their commitment issues aside and making it official! 💍
In an effort to retain employees, big-name companies like Exxon and Microsoft are shelling out bonuses and raises ahead of schedule. 📈
Here’s Five Fast Facts on midyear bonuses and raises:
🔥Bottom line: Sure, no one's complaining about getting a summertime bonus. But inflation's so bad, even the old people are going back to work. Raises are going to have to stay pretty competitive to keep workers happy, but it's good news that company leaders have their heads in the right places.
Are you getting a raise this summer? Let us know by connecting with us on Social Media and be sure to share this newsletter with any friends & coworkers!
Btw, If you’ve read this far and haven’t yet signed up for the weekly Paycheckology newsletter, CLICK HERE!