Don't Bank on Big Raises
Your company's stock may be skyrocketing as the year comes to a close, but don't expect your pay-check to follow suit anytime soon. Merit raises in 1999 will average just around 4%, according to a recent survey by Buck Consultants. As an alternative, ask the boss for a bonus or stock options; more and more firms are offering them as incentives to stay on the job.
More Money for Mortgages
Some 200,000 Americans should have an easier time affording a home come Jan. 1. Fannie Mae, the government-chartered mortgage financier, just raised its 1999 single-family...