Recession Not Over But Is It Time for a Raise?

May 17, 2011  |  

(AJC) — After several years where you’ve been holding on and hanging tough in your job, experts report that this might be the year to finally say, “Show me the money!”  “The mindset of many workers during the recession has been ‘I’m lucky to have a job,’ ” said Laurie Reichert, regional vice president for Georgia and South Carolina of Adecco Staffing, North America, a leading provider of retention and workforce solutions. “Now we’re seeing consumer confidence returning and the economy seems to be slowly moving in the right direction.”  While only 9 percent of Americans asked for a raise, bonus or promotion in 2010, this year that figure should more than double, with 20 percent expected to ask for these rewards this year, according to an Adecco survey, conducted by Opinion Research Corp., in January 2011.  “It’s becoming an active job market again, and a lot of companies are anxious to retain top talent,” said Reichert. “We’re hearing from more of them that they’re willing to have those conversations about compensation now.”

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