Payscale suggests employers shift to across-the-board pay bumps
Updated
Updated · The New York Times · May 10
Payscale suggests employers shift to across-the-board pay bumps
7 articles · Updated · The New York Times · May 10
The report says some companies may favour thinly spread "peanut butter raises" over larger merit increases for a smaller group of top performers.
The approach has drawn criticism from some economists and managers, who argue it can weaken incentives and do less to reward high performance.
The term echoes a long-running corporate critique of spreading resources too broadly, reviving debate over fairness, retention and pay strategy in the workplace.
As companies cut pay to fund AI, are uniform raises a survival tactic or a talent retention disaster?
Why do 90% of companies considering 'peanut butter raises' ultimately reject them for smarter pay strategies?