"Job raise. Is 2.5% good? Should I be as irritated as I am or thankful?"
Year End reviews were given yesterday. These fools gave me a 2.5% raise, roughly an extra $48 per check. No bonus structure whatsoever. Been with company 5 years, this is my 3rd raise. I'm pissed because company grew, made acquisitions, hired more people... and I had a stellar review according to my bosslady. I expected at least a 5% raise given everything I do here. As valuable as I am... I expected a promotion. Should I start looking elsewhere or start applying aggressively within the company; company is promising and I really don't want to leave because we may get bought out and that's going to be $$$$$$, but still no guarantee of that happening. For now, I'm seriously just pissed off.
It's average and yes you should be irrate that it's the average
~~~~ When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries. ~~~~ You cannot hate people for their own good.
~~~~ When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries. ~~~~ You cannot hate people for their own good.
12. "thats what raises are these days =(" In response to Reply # 5
~~~~ When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries. ~~~~ You cannot hate people for their own good.
you been there 5 years already. they're not likely to give you big money. it'll be worse if someone comes in after you and is making more money off the rip.
the best way to get a good raise is to get hired by someone else.
25. "^^^ this. unless you got a letter from someone else... this is " In response to Reply # 14
what the market is like.
companies been milking the recession and all that, and using the overall fear and dread of layoffs and everything. quiet as kept, they've bounced back, but they haven't rehired all the ppl that were fired when shit was at its worst, and until folks start bouncing for greener pastures it is what it is.
========================================= I'm an advocate for working smarter, not harder. If you just focus on working hard you end up making someone else rich and not having much to show for it. (c) mad
27. "Welcome to the age of stagnant wages where COLA bumps are called "raises..." In response to Reply # 0
Been living with that bullshit for years, despite the profitability of the company. The problem is the number of other corporations that are all doing the same thing while handing out extra cash to executives, all of them waiting for the other person to blink and start paying out real raises again and hiding behind the "ongoing recession" and "new normal" nonsense. Last time I got a raise over 3% without a promotion was a 4.5% bump....the same year they increased our insurance cost by 6%.