Higher rewards for top performers make good sense in tough times

08/21/2008 | Business Finance

While the average pay increase that U.S. employers plan to award employees next year will be 3.7%, the highest-performing employees can expect a base-pay increase of as much as 5.6%, according to a new survey. The figure represents the corporate philosophy that predicating pay hikes on performance helps attract and maintain the best workers and makes good business sense, especially during tough economic times.

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