Why You Need a Raise Instead of a Bonus
Why You Need a Raise Instead of a Bonus
Why You Need a Raise Instead of a Bonus - Résumé Writing and Career Services
From an employer's perspective, bonuses are often preferable to raises because they're generally a self-limiting cost. A company can give out bonuses when it has a year of strong sales, and halt that practice during a year in which sales drop. Raises, by contrast, are generally riskier, because once workers get a boost, companies are essentially locked into paying them more for as long as they remain employed.
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