Bigger raises and bonuses for their employees in the coming year aren't on the list of New Year's resolutions for most employers, according to a survey by Robert Half International Inc.

Nearly two-thirds (63 percent) of 1,400 chief financial officers surveyed by the financial staffing firm said that they don't anticipate offering larger raises next year than they did in 2004, and nearly the same number (62 percent) don't plan on increasing bonus amounts in the New Year.

But some employees can expect to have a very happy New Year. Among the 30 percent of generous CFOs who plan to hand out fatter raises in '05, the mean percentage by which salaries are expected to rise is 6 percent. Of the 18 percent who expect to dole out bigger bonuses, the mean percentage by which bonuses are expected to rise is 10 percent, RHI said.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access