FWD: Bonus instead of raise -- why?

[<anonfwd -at- raycomm -dot- com>]

Hello,
I'm a tech-pubs manager at a smallish-sized software company. My company's
annual review cycle is coming around. I have just been informed that --
all across the company -- raises will be handled differently this year.
Instead of getting, say, a 5% raise, we will get the 5% in one lump sum
with the first pay period at which the raise would have been effective.

Anyone know why they might be doing this?  Is it to hold the line on
future increases?  Are they betting that in this job market, people won't
just pocket the lump sum and leave?

Any input is appreciated. Thanks!


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