It is apparently raise season as people I run into at the various companies all report getting position based raises anywhere from very little to decent amounts.
The most interesting evolution of the always complicated pay scheme is the increased adoption of the flat tax deduction of from 12-15% I have heard. With this latest ploy you pay into a fund and it is guaranteed that is the max fed tax you pay, if you are due a refund you get it but if it’s more than the deduction the company pays it. From what I am told it saves the company the payroll tax match of FICA, Medicare etc… at any rate you have to admire these companies for coming up with new exotic ways to figure compensation; incentive this, utilization that, % retention,performance % etc., it is an accountant’s drug induced dream.