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Featured Embryonic Professions

Sunday, April 09, 2006

What to say when you ask for a salary raise ?

Based this report, next time when you negotiating a salary raise, you should mention to your boss following two facts :
1) Watson Wyatt (a human capital management consulting firm ) found that companies with the highest percentage of their budgets available for merit increases and promotions outperformed their peers, as did companies that made the largest distinctions in their pay for top performers and everyone else.
2) PricewaterhouseCoopers Saratoga (a human capital measurement firm) found that in 2004, for every $100 spent on salary and benefits, the average U.S. company enjoyed $42 in profit, double from the year before.

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