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"Peanut butter" pay raises are out, as employers shift to merit-based hikes

August 4, 2026 Robert Harrington

More companies are moving away from broad "peanut butter"-style pay raises for workers in favor of merit-based and other kinds of compensation sweeteners for top employees, according to new insights from Payscale. READ MORE

← Anthropic pays AI’s biggest salaries. Its CEO just discovered people might take them for the money.Wide Salary Ranges May Undermine Pay Transparency Goals →
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