Monday, June 20, 2011

Survey: Employees willing to take a promotion without a pay raise

Employee Benefit News
 According to a new survey, conducted by OfficeTeam, 55% of workers would accept a promotion that didn’t include a pay raise.

"Some companies may want to reward employees for taking on heavier workloads but aren't able to offer immediate raises due to budget constraints," says Robert Hosking, executive director of OfficeTeam. However, Hosking adds, “professionals should think carefully about taking on increased responsibilities if a raise isn't in the offing. Before accepting a new role, workers may consider requesting a compensation review in six months or discussing other perks."
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