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What will raises be this year?

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Q. Assuming employees are meeting the requirements of their position, what are the new standards of annual salary increases (percentage-wise)? Also, what happens to long-term employees who are earning beyond the position's salary range, because they steadily received 4 percent increases and are now almost "overpaid"? Do they stop getting raises? A. Each year, salary survey companies ask employers to tell them how much their merit budgets will be for the upcoming year. Most companies don't know what their merit budgets will be until sometime in the fall. Then they report those merit budgets...Read full article

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    Published: January 2007
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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