Recent reports say that employers expect very low pay raises next year including the lowest level spent on incentive pay since 2013.

We haven’t had real wage growth since the Great Recession and without wage growth the economy can’t get going in a meaningful way.  If the reports are correct and we see low pay raises next year it means more of the same for the economy and business conditions.

Sluggish.

Todd Kmiec

https://www.linkedin.com/in/toddkmiec/