Over a third of employers handed out ‘peanut butter raises’ this year—now, a quarter of bosses admit they’re losing top talent because of bad pay | Fortune0

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• August 6, 2026

Employees have long been sold the idea that working hard and outperforming their peers would lead to sizable pay hikes and title upgrades. But now, some companies are ditching merit-based wage bumps in favor of “peanut butter raises”—and it’s hurting employee morale. Around 36% of U.S. companies say they gave out standard, across-the-board pay increases