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Salary hikes modest but bonuses flourishing

Want more money? Maybe look to incentive pay and bonuses over a raise in salary. According to a new study, that's the way to better line your pockets.

By Dan Cook | Updated on August 12, 2016
Want more money? Maybe look to incentive pay and bonuses over a raise in salary. According to a new study, that's the way to better line your pockets. (Photo: iStock)

U.S. companies are still cautiously managing salary increases despite the ongoing economic recovery. But they are more likely to bust out the bonuses for top performers as the battle for talent continues to heat up.

Such was the report from a survey by WorldatWork of 5,759 company representatives to questions about their budget for this year and next.

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Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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