Are Skimpy Raises the New Normal?

Posted on Oct 24 2005 09:20pm by Luke Davison

Are Skimpy Raises the New Normal?: "Lam1969 writes 'Computerworld just released their latest salary survey, and it finds that IT worker bees have once again only received small raises. The article notes, 'IT raises still lagged slightly behind the average of about 3.2% for all U.S. workers as reported by the Bureau of Labor Statistics. While the majority of respondents (69%) said their 2004 base salary increased from one year ago, 31% experienced either no change in salary or had their pay cut.' It goes on to quote LAN specialist Stephen Noisseau as saying, 'I guess that's the way the cookie crumbles ... I'll take 4% over nothing. We're getting basically cost-of-living raises.''"

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