Promotions Without Raises? What's Up With That?

Promotions Without Raises
Promotions Without Raises

When you dream about getting a promotion, you have visions of a better office, more responsibility, bigger perks, a more prestigious title, and -- best of all -- a substantial raise, right? Unfortunately, times have changed, and an increasing number of employers are ducking out on the latter -- giving promotions without raises.

According to a new OfficeTeam survey, a surprising one in five (22 percent) of responding employers revealed this practice is at least somewhat common.