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Taylor Leamey

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Gephardt: Do you expect to get a raise this year? Most say no

SALT LAKE CITY – Without question, the economy is in bad shape with the pandemic still raging, so it might not be surprising that a lot of companies are not offering raises this year. As the KSL Investigators dug into the numbers, we found an equity issue: The groups who arguably need more money the most are least likely to get it. A whopping 70% of U.S. adults said a pay increase would be important for their household s financial well-being this year. The bad news is most workers don t expect to get it. Only about 40% of workers expected a pay increase in 2021, according to a new survey from The Simple Dollar.

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