Employers cautiously move to restore pay, raises

03/1/2010 | Wall Street Journal, The

Companies including Seagate Technology and The New York Times Co. are restoring some salaries cut during the recession, while employers like FedEx are again giving pay raises -- but from levels reached after pay reductions. "We are proceeding cautiously. We're not expecting it to be all roses this year," said one employer.

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Wall Street Journal, The

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