annual raises
Periodic salary bumps
Annual raises are yearly increases in pay, typically given to employees based on performance, tenure, or cost-of-living adjustments.
The term usually appears in workplace discussions about compensation: The company announced it was suspending annual raises due to budget constraints.
In practice, annual raises may not keep pace with inflation, making them a source of ongoing negotiation between workers and employers.
- salaryFixed periodic employment payment
- salary increaseHigher compensation rate
- meritDeserved praise-worthiness
- merit increaseSalary boost for performance
- performanceCarrying out a task
performance review · promotion · cost-of-living · cost of living adjustment · bonus · increment · pay bump · paycheck · standard of living · review · negotiation · percentage · inflation · compensation · evaluation · employer · HR · budget
- federal paybase pay, pay grade, pay grades, grade level, executive pay
- wageswage, salary, pay, paycheck, income
- labor lawlabor code, labor law, labor laws, labor standards, labour law
- labor negotiationssalary talks, wage negotiations, wage disputes, collective bargaining, union demands
annual raisespay cuts
Lowered employee compensation
demotions · pay freezes · wage stagnation · layoffs · furloughs
annual raisesperformance bonuses
Extra compensation for achievement
signing bonuses · commissions · profit sharing · stock options · promotions
annual, raises, annually, annuity, annuities, anniversary, anniversaries, raise, raised