Fortune Cat is known as Maneki Neko in Japanese, which means âbeckoning cat.â The cat has its paw raised as if itâs waving in good fortune for its owners. Other common monikers include Lucky Cat, Money Cat, and Welcoming Cat.
Note: You can't unilaterally take away the right to a salary increase if it's guaranteed. In other words, if you guarantee your employees' salary increases in their employment contracts, you can't just remove this right and replace his employment contract. This equals breach of contract from your part! I..e. Changing a 13th cheque with a discretionary annual increase.
Virtually all respondents (98%) said they plan to give employees raises next year, with an average salary increase of 3% for exempt professionals. That's the same average percentage increase employers offered both this year and in 2014. Executives and management employees can expect raises averaging 3.1% in 2016.