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salary freezes

How Do You Announce No Salary Increase?

January 24, 2024 by Ahmed Ali

How Do You Announce No Salary Increase? Be clear and upfront about the news. Tell your staff simply and directly that there will be no raises this year, then explain the reasons. For most small businesses, salary freezes are directly tied to financial performance. How long is too long without a raise? Technically, two years

Categories Finance and Business Tags increase, raise, raises, salary freezes, wage stagnation

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