A "peanut butter" pay raise is when raises are given across-the-board in the same way that peanut butter is put on a sandwich: even and spread thinly. Some companies are turning to them in an effort to cut costs. However, this approach could lead to top performing employees searching for new jobs that pay them more for their skills.
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In an effort to cut costs, some companies are implementing "peanut butter" pay increases. According to experts, it could motivate…
More companies are turning to this disappointing practice in this economy.
Only 4% of employers handed out across-the-board raises, per survey results.
Pay rises for the many, hair shirts for the few, or some combination thereof
“There’s an unwritten currency, and it's called time.”
More Americans are accessing wages early from companies like Walmart, Amazon and McDonald's as budgets are stretched, but critics…
