Peek ahead to your next raise

No one likes to be fobbed off with smaller raises. For many workers, though, it’s tough to calculate how much money they’ll be taking home in the coming year. Several studies show that half…

Peek ahead to your next raise

No one likes to be fobbed off with smaller raises.

For many workers, though, it’s tough to calculate how much money they’ll be taking home in the coming year. Several studies show that half of workers don’t know whether they’ll get a raise in their next pay grade. That’s a big red flag.

Then there’s the question of what workers will see in their future raises: On the positive side, the average bump for all workers will average out to 3.5 percent for the next five years, according to reports out this year. After that, raises will stagnate to the tune of 1.6 percent a year for the next five years before rising again, economists said.

In other words, let’s hope your raises keep marching upward as the Great Recession’s wounds heal.

So what’s a salaried worker to do with that information? We want to help you. We put together a list of predictions for the biggest pay changes in the coming year. We asked a variety of economists and experts to weigh in on what workers can expect from their boss in 2012, and what could happen in the following five years.

Bitter pill or sweet treat?

Big income hike for many workers – 2.5 percent an year

These experts believe the U.S. is on track for a boom year for workers.

Read on to learn who could see the biggest pay increases and by which sector of the economy.

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