Do Your Employees Expect a Raise This Year?

One of the most common ways by which small businesses can reward employees’ hard work is through the quarterly performance review. Depending on each employee’s role and contribution, those with the higher positions and responsibilities usually expect a regular pay rise.

In fact, this might be the case in 2016, according to a forecast by Korn Ferry Hay Group division as the economy is expected to substantially improve. In addition, salaries are increasing at a faster rate recently than last year despite the economic slowdown.

Do Your Employees Expect a Raise This Year?