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Salaries Will Shrug Off Economic Woes

September 9, 2008 5:28 PM

Though the economy remains anemic, salaries won't take a hit next year, according to a new report from Hewitt Associates. Or, at least, not more of a hit than has been the norm in recent years. The HR consulting and outsourcing firm predicts flat base pay raises around 3.8 percent next year, with a slight drop in variable pay levels for the first time since 2003.

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