Equipment Type

Caterpillar: No Raise for Management

Caterpillar cancels 2016 merit increases.

 

February 02, 2016

HOI-19, the ABC affiliate in Peoria, Illinois, reports Caterpillar will not provide 2016 merit increases for most management and support employees, the company announced Thursday.

Caterpillar spokeswoman Rachel Potts confirmed that employees were notified of the merit cancellation in an internal email.

Source: CINewsnow.com

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