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According to the White House’s Council of Economic Advisers, almost 500 firms had announced bonuses or pay increases by April 8, affecting more than 5.5 million workers. (Photo: Shutterstock)

A majority of surveyed chief financial officers and finance executives expect the tightening labor market and new cash reserves resulting from a slashed corporate tax rate to lead to more wage increase by the end of the year.

Nick Thornton

BenefitsPRO

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