Raise, bonuses and benefits look to shrink 25 percent of the 248 companies surveyed by Watson Wyatt indicated they would impose a hiring freeze in the next 12 months By: OfficialWire

NEW YORK, Nov. 24 (UPI) — Surveys of U.S. businesses show that all manner of pay increases are expected to decrease in the next 12 months.

In October, New York human resources firm Mercer found that 40 percent of 1,000 middle- to large-sized companies indicated they expected to reduce the portion of their budgets set aside for …