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Leo Burnett - Expect no raises for 1-2 years

June 1, 2009

Leo Burnett today announced internally that there will be no raises for at least 18 months. That’s a year and a half at the same salary, regardless of what the inflation rate is.

This was announced in the London office, but was expected to be world wide.

No raises at all, inflation could hit the roof as widely expected, yet these poor people will be trotting along at the same salary.

This story is developing, but the source is rock solid.

moneycartoon

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Written by TheFounder · Filed Under Advertising Agency News 


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