The blunt trauma sustained by so many parts of the US economy due to the pandemic has hit many employers. Why you pay taxes, and rich Americans -- like Donald Trump -- don't always have toAs a result, one in three companies now say they have reduced their projections for pay raises next year relative to what they were originally expecting just a few months ago, while half have stuck to their original salary hike targets.
"For many companies, reducing salary budgets, and in some cases, suspending pay raises, was the most viable option, as they balance remaining competitive with maintaining financial stability," said Catherine Hartmann, the North America Rewards practice leader at Willis Towers Watson.In terms of bonuses, the good news is two-thirds of employers are still planning to offer them.But the survey found companies are most likely to pay bonuses to executives and those in management.
The unemployment rate is lower right now than it was in 2012 four years into Obama. Yikes!
Corporate America must get together and step in where Trump fails to provide ,$1200 relief packages.
Um.
And so the recovery money (our tax money) disappears into their own pockets
Really? While people who have never been stressed or out of work who are about to be homeless? People who have NEVER filed for unemployment in there lives who have pride and are embarrassed to do so but pay taxes every year? Bonuses? Okay. I Never believed that trickle down BS.
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So that’s where the stimulus cheque’s went?
What about this year?
To their CEO’s.
The Economy will BOUNCE BACK heading into 2021! MAGA
Any of those that took recovery money should have to pay it all back
Cant wait for mine!!!! Oh wait....I'm the 33% shiiiite
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good