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August 28, 2009
Pay Raises to Be Requested by Many Workers Post-Recession

Twenty-eight percent of workers say they plan to ask for a raise once the economy improves, according to a survey by Robert Half International and CareerBuilder.

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The survey found that 49 percent of workers say that pay raises will be the most effective retention tool once the economy improves.

The survey also found that 40 percent of hiring managers said that increasing pay would be their organization's primary method of retaining top performers.

Twenty percent of employees said the most effective retention tool would be better benefits and perks once the economy improves. The top perks workers expect are technology upgrades, followed by tuition reimbursement or subsidized training.

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