For the fourth year in a row, the annual pay raise awarded to U.S. employees will hold steady at 3 percent, according to a new study. It's just another sign that companies have started to rethink the way they compensate employees.
(Updated 11:02 a.m.)
Textron Inc. plans to restructure and align its businesses through employee reductions and facility consolidations, but no changes are planned for the company’s headquarters in Providence, a spokesman said Wednesday.
CVS Health Corp., Apple Inc., Facebook Inc. and General Motors Co., the first U.S. automaker to have a female CEO, are among more than two dozen companies that added their names to a White House pledge to study gender pay gaps among their employees.