You mean that bonuses are the new raises for employees who work in a few narrow white collar fields? Sure. But really, the "new raise" for most of the proletari

You mean that bonuses are the new raises for employees who work in a few narrow white collar fields? Sure. But really, the "new raise" for most of the proletariat is leaving your salaried job which won't give you a raise because "money is tight" (despite record profits) and finding a new job which will pay you %10 more. No loyalty from the employer begets no loyalty from the employee; this labor situation favors the employers, which is why it is so. If we're talking realistically, there is no "new raise", and the majority of workers (especially hourly workers) don't get substantial bonuses whatsoever. There's yearly wages losing out to inflation and higher cost of living, and a stagnation in wage increases that has gone on for 30 years, on the broad view of things. The article also mentions an "economic recovery" while failing to mention that labor engagement as a percentage of the population is at a 30 year low even when controlling for demographic factors. It's as though the author is living in a fantasy land where only positive information is taken into account when drafting an article.