Why You Need a Raise Instead of a Bonus

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Though it may be too soon to tell how the recent batch of tax changes affects working Americans, it’s pretty much the consensus that businesses nationwide will benefit from them. And the good news is that some companies are already paying it forward. There’s just one problem: Many businesses are sharing their newfound wealth with employees in the form of bonuses rather than giving out raises.

In an analysis by HR consulting firm Willis Towers Watson, as of mid-January, 88 companies had committed to giving workers one-time bonuses ranging from $150 to $3,000, but

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