HONOLULU (HawaiiNewsNow) - Willis Towers Watson surveyed 333 employers with 1,000 employees or more. And here's what they said:
4% - we've increased wages for all employees.
3% - we plan to.
13% - we're thinking about it "this year or next."
80% - not considering it.
Four out of five are NOT giving tax break raises. That's striking because unemployment is so low that companies are having trouble finding and keeping good people unless they DO pay more. Here's an example of what's happening to the corporate tax windfall. Walmart is spending $700 million on bonuses and raises. But it's spending five times that much, $4 billion, buying back stock, which will benefit investors and executives.