The White House has long said that corporate tax cutswill trickle down to American workers and pad their paychecks. Then, as if on cue, justas Congress passed a bill to enact them, a handfulof companies announced employee bonuses they saidwere proof of that.

But those one-time bumps, whatever really precipitated them,don’t mean higher wages are around the corner. Even the WhiteHouse said it could take eight years for thecuts to boost wages much. And for now, employers are inno hurry to raise them.

For the past five years straight, employers have reported giving 3 percent raisesto most workers—even as the economy has improved, the labor markethas tightened, and unemployment has fallen. Only stellar performersget bigger bumps.

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