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Of those who plan to give pay raises, 13% say they’ll increase average compensation by 10% or more, 58% plan an increase between 4% to 9%, and 26% plan for nominal change.
South Carolina state employees can expect a pay raise of $2,500 or 5%, whichever is higher, state budget writers have decided. ... employees earning less than $50,000 a year will receive a $2,500 ...
Specifically, those who are employed in a state-funded job position as of June 30 will receive a 3% raise starting July 1, when the new fiscal year begins. State employees received a 4% raise in 2023.
Dominion Energy Inc (NYSE:D) reported third-quarter revenue of $3.941 billion, missing the consensus of $4.179 billion. Operating expenses declined to $2.72 billion from $2.78 billion a year ago.
The raise for middle managers and those in what are called "select exempt" positions (16,000 employees) will see an additional $1,325 and pay for about 600 senior managers will get boosted by $2,658.
Under the Senate Finance Committee plan, any state employee earning $50,000 or less would receive a $1,375 raise. Those earning more than $50,000 a year would receive a 2.75% pay increase.
The pay raise will cost the state $61.5 million more a year and is part of a nearly $14.5 billion budget now headed to the General Assembly for an up or down vote. Employees earning more than ...
That’s up slightly from an average actual increase of 4.0% in 2022 and would represent the largest increase since 2008. ... (64%) of U.S. employers have budgeted for higher employee pay raises ...