Do you deserve a raise?
from San Diego Union Tribune (02.14/2015)
Bob Rauch on the EconoMeter panel as they discuss raises:
Should employers start raising pay for employees again?
Bob Rauch: Yes
“Wages have been stagnant for several years and although this can be attributed to the slow recovery and historically low inflation, the economy is doing very well and at some point, inflation will return to normal levels. From 2009 to 2011, employees suffered with minimal or no wage increases and since then, wage growth has been modest at best.
Employees proved their resilience through the Great Recession and deserve to be better compensated as companies have begun to earn stronger profits.
It is the least we can do to reward the most important assets of our businesses.
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