More companies are considering "peanut butter" raises
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More companies are considering "peanut butter" raises
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More companies are considering "peanut butter" raises

A "peanut butter" pay raise is when raises are given across-the-board in the same way that peanut butter is put on a sandwich: even and spread thinly. Some companies are turning to them in an effort to cut costs. However, this approach could lead to top performing employees searching for new jobs that pay them more for their skills.
01:57
Sun, Feb 22 20269:50 AM EST