Despite the improving economy, companies have stubbornlywithheld salary increases over the past few years, opting to fattenthe bonus pool instead. Now, they're taking those bonuses away,according to a new survey.

Instead, employers are ever-so-slightly increasing salaries, butnot enough to make up for the loss. Companies allocated 3.1 percentof their budgets to salary increases next year—a high since therecession. (This finding falls in line with another major survey byWillis Towers Watson from this year.)

However, bonus pay decreased this year—and along with it, totalspending on compensation. In 2017, companies allocated 15.7 percentof their total budgets to salary and bonuses. That number droppedto 15.5 percent this year, and employers are planning on budgetingjust 15.2 percent on pay next year.

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