"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.
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%.