‘Peanut butter’ pay raises could cost companies their top performers, according to experts: 'It's such a shortsighted strategy'

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More companies are leaning into "peanut butter" pay increases this year, according to Payscale's Pay Increase Preview Report . The term refers to across-the board raises "that are even and spread thinly, like peanut butter would be on a sandwich," according to career coach Colleen Paulson. About half — 48% — of surveyed organizations said that they will continue giving out pay increases based on performance, according to Payscale. But the report found that plenty of companies are contemplating "