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I was told last year that I will never again get a raise because I have topped out salary-wise with my company.
That's where I was with my last employer. Topped out in my pay band, and I couldn't get an answer about how to get me into the next band. When I got an offer for a great job with a 10%+ bump in base comp, I gave notice... and my PM asked why didn't I give them a chance to counter, was this about money, and I was like yeah, I've asked several times over the last year how to get a bump and no response!
The day any employer tells me, "You can't get a raise" is the day I start looking, no matter how great the job is.
That's where I was with my last employer. Topped out in my pay band, and I couldn't get an answer about how to get me into the next band. When I got an offer for a great job with a 10%+ bump in base comp, I gave notice... and my PM asked why didn't I give them a chance to counter, was this about money, and I was like yeah, I've asked several times over the last year how to get a bump and no response!
The day any employer tells me, "You can't get a raise" is the day I start looking, no matter how great the job is.
I like your style. Same goes for me. Once I start getting excuses about no pay increases and no opportunities for advancement, I start looking.
What is a raise? I've worked at my current job with either at performance level or mostly above performance level ratings and have not had a raise. They responded to my asking for a raise with "we wish we could give you a raise but we can't afford it." As they drive off in their company cars. Tell me why a maintenance supervisor has a company car?
You what I did to get a raise? I just found a new job paying $7 more.
Within the past six months, I received what was called a "rate adjustment" of 26%. I have a feeling that the merit increases this year will max at 3%, but I'm pretty sure my rate adjustment will mean that I don't qualify for that. I'm not complaining, though.
I work for a large company. We just instituted a new forced ranking type of evaluation system where 2% of the department must be ranked at the low end and another 2% must be ranked at the top end. Everybody else falls under 'meets expectations'
I came out of an early retirement to take a data entry job (just to keep busy and to make a few extra bucks). I'm way overqualified to do my job so I was surprised that I didn't knock the evaluation out of the park. I got exceed expectations on half of the review and meets on the other half for a total 'meets expectations' over all which was good for 2.5%
I was kinda upset and thinking about just retiring again but they offered me a new position 3 salary grades higher than my current so when all the paperwork is complete, my base will rise by about $21k or about a 50% raise.
Not too shabby and getting out of data entry will be nice. hopefully everything works out and I actually get the position.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,590 posts, read 14,728,809 times
Reputation: 9169
Quote:
Originally Posted by ss20ts
2-3% is pretty standard IF you get a raise. Be happy you got one! Many people don't get raises anymore.
Wow, if I got a 3% raise next year, that would be a whole 54 cents per hour; not even worth it. Better to just change jobs if you can find one paying at least 20% of what you're currently making that will give you an offer.
I raised my pay almost 30% in just 6 months if you don't count a job I had for two weeks last month that paid $1,300/week (based in miles and stop pay)
I was making $14/hr last October, job I took to quit that one paid $16/hr for the first 90 days, then bumped up to $17/hr. Current job pays $18/hr (though is not time and a half).
I took a position in 2016. It was on the low end but I'm well beyond peak my peak earning years and felt happy to land it. This could be a line of bs, but my boss said that the standard raise was 3%, but I got 6%. That's not a boast, because I'm still living at a low salary for one of the most expensive cities in the US. But, I accepted the job at a low starting salary and it's fine for now since I like the culture and work.
Had I gotten less than 3% it would definitely have motivated me to start an earnest job search.
Warehouse jobs, 10-14%.
First software job, > 30%
Second software job: recently started, not sure what I'll go for yet. Probably less than 30%, but we'll see.
(all numbers refer to raises within the same company, without a significant change in job position)
The key is mostly... ignoring rules. Though, it takes certain life experience to execute, and some amount of calculated-risk.
(Of course, you should be on the right side of supply-and-demand; otherwise any strategy is unlikely to give great returns).
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