Got a big pay raise? This is how you might be paying for it

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xplore the impact of substantial pay raises on noncash company benefits, revealing a shift in compensation dynamics according to Glassdoor.credit card.

Trade-offs: Big Pay Raises vs. Benefits

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Uncover the notable reductions in mobile phone discounts, charitable gift matching, and tuition assistance as companies adapt to cover the costs of substantial wage hikes.

2023 Trends: Top 3 Benefit Cuts

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Understand the implications as companies trim benefits, leaving Americans to bear the financial responsibility for once-covered noncash perks.

Shifting Burden to Americans

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Delve into Glassdoor's prediction of increased efforts by companies to cut costs in 2024, aligning with a slowing economy and decreased competition for workers.

Economic Outlook: Trimming Fat in 2024

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Recognize the significance of seemingly minor benefits in household budgets, emphasizing their cumulative impact on consumer spending

The Value of Small Benefits

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Explore the motivations behind companies trimming benefits, revealing the less visible strategies to cut costs without affecting visible paychecks

Behind Benefit Cuts

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Understand the hierarchy of benefit cuts, from hours worked to contributions for health insurance, dental insurance, tuition assistance, and more

Benefits Under Scrutiny

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Recognize that as companies reduce benefits, employees may have to cover the costs to maintain specific perks, affecting disposable income

Passing the Tab to Workers