Document Type
Report
Key Takeaways
• Employees say that 10% is a minimum pay raise that will be meaningful. • However, pay raises in the 5%-8% pay range evoke positive attitudinal and performance responses among employees. • Small pay raises appear more likely to evoke feelings of unhappiness (as if it were a punishment) than feelings of appreciation or increased motivation.
Publication Date
2017
Disciplines
Business
Copyright
© 2017, University of South Carolina
Publication Info
2017.