Raises have been minimal, or non-existent from 2010 to 2012, according to a survey from Mercer, a New York human resources consulting firm. Most raises have been in the 2.7 percent range this year -- less than the 2012 cost of living adjustment of 3.6 percent.
Clearly, the struggling job market is enabling employers in many sectors to keep raises low. (In-demand jobs, like engineering, for instance, are enjoying better pay.)
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