- 10 Public Employees Who Make More Money Than the President
- Go Figure: Starbucks offers $50 Gift Card — for $200
- Estate-Planning Documents You Need Right Now
- 10 Ways Being Frugal Can Actually Cost You Money
- Pay Someone to Do Your Taxes? New Study May Make You Reconsider
- Report: Millennials Relying Heavily on the ‘Bank of Mom and Dad’
Payscale covered a recent survey about pay raises…
TribeHR conducted a study among 20,000 employees at 2,200 companies to determine how pay raises were being given between men and women. The good news, if you’re a woman? During Q1 and Q3 of 2012, 7.9 percent of women received raises, while only 6.2 percent of men did. Now, the good news if you’re a man? Of those who did receive a raise, men were three times more likely to garner a rise of 25 percent or more.
So what helps determine the likelihood of receiving a pay raise? It could be as simple as recognition from peers. The study suggests that 85 percent of kudos were given peer-to-peer, with only 15 percent being given from managers. Yet another reason to forge solid professional relationships with coworkers.
They had an interesting infographic, too.