What's the most insulting raise you received and how long did you stay around? (2014, jobs)
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I received a 2% once, as my manager and I really did not see eye to eye. I was working on a degree from a private university, and this company was paying the bill through their tuition reimbursement program (very generous). Once I received my degree, I resigned (6 months after that raise). Karma, in action.
They paid for your degree, you left after attaining said degree. Must be part of your post missing. If karma was involved, then you must have embarrassingly been let go from whatever you left that job for. My condolences for the embarrassment.
LOL. Coworker told me of a story when he interviewed for a company. It was a 2-day process, which also included training. They had to demonstrate certain skills as part of the interview. The boss would brag how when it comes time for promotions, every employee was given the chance to put down how much of raise they should get. If it's too high, those employees would get fired, so they end up putting down 0%. Coworker cut his losses and didn't bother showing up for day 2. Company also didn't reimburse for any of it either.
I hope I never have to work for another company that plays those games. I'm fortunate to have landed where I am now.
I didn't get a huge raise this year but it was ok. I've learned not to expect too much over the years. 3-5% seems to be average in my experience.
I received a $1 raise on paper once, but I was actually only given 95¢. I spent the next two years or so trying to get that final nickel and when I did, it added up to over $200.
It just happened recently for me. Had annual review, scored high in all areas, mgr said he put me in for a 5% raise but they turned it down because I am making too much now, and am at the ceiling for what they pay. So I got something like 1.5%.
I wasn't insulted because I make more than any of the other people working with me, and I am not in this for a career, so I didn't make a fuss. However, if I were younger and this was a career path for me, I would have squawked and started looking elsewhere. But I make good money now, so it works for me in my current situation.
I got a 1.2% raise once after working my a$$ off the entire year and I felt I had certainly worked harder than many of my coworkers. Come to find out a few of them got 2.5% raises (still crappy but more than double mine!) Left within a year.
I've also worked in jobs where due to the economy, raises were kept more or less to match inflation, which was generally around 2-3%. You'd get 2% if you were at the bottom of your team, and 3% if you were one of the better performers. Yippee. During those times though, there was a prevailing feeling that we were lucky to even have jobs, so no complaints about minuscule raises.
Now that I'm in sales, my "raises" are solely due to increased commissions due to increased sales, and increasing my income by 10-15% a year happens almost every year. I'd never be satisfied with crappy "cost of living" or "inflation matching" raises anymore.
I worked at UC Berkeley. They would say things like, "so sorry, we have no money for raises" then give management big raises because they "have to keep the best people."
The only way to get a salary increase there was to transfer to another department, so jobs were constantly churning. I stayed 5 years, until my retirement vested.
The amount of the raise wasn't an insult; the burn was when my manager said she gave me the highest raise in our department (wasn't sure why she told me that, it wasn't necessary to hear it).
One of my job functions was to file the 'raise' letters in each employee's file. When i came to the letter for one of my coworkers (who was best friends with the boss) - the coworker's raise was twice the amount than what I received.
I just ended up laughing it off; considered the source and how ludicrous the situation was that the boss forgot I'd have access to the actual amounts everyone received.
Its a moot point kind of since its an employer's market they control the Raises and generally the MAX for most people is 2.5-3 percent. And its socialism across the board. Same raise whether you're the most valuable employee they have or the most USELESS one they have
Most all raises are insulting these days unless you got connections in high places. Employer's don't give a crap for their workforce and they don't seem to care about costly turnovers these days.
Why?? Sociopathic selfishness of the higher ups. As long as they get theirs who cares if a company gets ran into the ground or who cares about anyone else.
As long as they higher-ups run off with the loot prior to the place closing they could care less about the company or the employees. Since most people who run business today did NOT build the business from the ground up. They just fell into the position. So there is no REAL invested interest in the company since they didn't build it.
Employer's dont care for their workforce and now the workforce could care less for the employer.
The quality company managers/owners are either dead or retired. The private sector isn't the place to be anymore.
I worked at UC Berkeley. They would say things like, "so sorry, we have no money for raises" then give management big raises because they "have to keep the best people."
The only way to get a salary increase there was to transfer to another department, so jobs were constantly churning. I stayed 5 years, until my retirement vested.
That reminds me of when I worked for BofA and we got no raises because of the the screw up bank president. Then when the board of directors took him out and replaced him with the previously retired president, the screw up walked off with a million dollar+ golden parachute. Gotta love BofA - NOT!
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