Pay review? Inflation's your friend
As year-end salary conversations approach, American workers share a common complaint: rapidly rising inflation. The spike in consumer prices is offering workers a new angle for their pay negotiations, Bloomberg reports, just as a tight labor market gives employees more leverage. While wages have climbed for lower-paid jobs, salaries of many office and higher-income employees haven't kept up, per the report, and 1 in 5 Americans are expecting a raise of at least 10% in the coming year, according to a University of Michigan survey.
