Compensation Watch ’21: Is Plante Moran Rolling Out Salary Adjustments For the Masses?

The answer is YES according to a tip we received last week:

A few weeks ago Plante Moran announced to its employees that everyone is getting a January 1 market increase (separate from the normal market and merit increases that come on July 1 following the March 31 performance year). Increases are across the board, everyone at a particular level gets the exact same percentage.

Increases are same regardless of office or practice unit. Anecdotally the specific increases have begun to be announced. Depending on level they are 3-6%.

We don’t know how good or bad raises were at Plante Moran during compensation talks this past summer, and while a 3% to 6% pay bump doesn’t seem like a lot, throwing some extra money at employees will at least make them think twice about wanting to leave if they were planning to nope out of there.

Anyway, this news calls for a Plante Moran balloon drop:

The post Compensation Watch ’21: Is Plante Moran Rolling Out Salary Adjustments For the Masses? appeared first on Going Concern.

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https://www.digital-accountants.com/?p=451

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