Amenities, Perks, and Bonuses Trump Salary Raises

Yacht-size bonuses for Wall Street big shots and employee-of-the-month plaques for supermarket standouts are nothing new, but companies’ continued efforts to keep costs down have pushed employers to increasingly turn to one-off bonuses and nonmonetary rewards at the expense of annual pay raises. “There is a quiet revolution in compensation,” said Ken Abosch, a partner […]