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re: Did you get a good raise and/or bonus this year?

Posted on 3/19/24 at 12:33 pm to
Posted by lsu for the win
Member since Jun 2022
819 posts
Posted on 3/19/24 at 12:33 pm to
No, dumbass. But thanks for bringing it up.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11679 posts
Posted on 3/19/24 at 1:06 pm to
Based on what I reviewed for individuals in my groups, 4% seems to be the raise standard this year.
Posted by LRB1967
Tennessee
Member since Dec 2020
15707 posts
Posted on 3/19/24 at 6:03 pm to
Is forty cents considered good?
Posted by llfshoals
Member since Nov 2010
15476 posts
Posted on 3/20/24 at 3:04 am to
Down about 10%, but I’m in real estate, but 22 was my best year ever so not going to bitch about it.
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1905 posts
Posted on 3/20/24 at 5:04 pm to
4% annual increase.
12% bonus. 108% personal factor.
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
706 posts
Posted on 3/23/24 at 8:44 pm to
No base raise which isn’t uncommon on Wall Street unless you get a title change. My bonus was 200% of my base. I’m in Private Equity fwiw
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65764 posts
Posted on 3/24/24 at 5:54 pm to
quote:

Whole bunch of lying going on in this thread.
Maybe so but there’s plenty of truth here too.

My raises and bonuses are based upon the CPI (with a multiplier) and a percentage of the firm’s profits.

Some years I’ve made more in bonus than in salary.

Admittedly, it’s mostly local or regional firms that pay large salaries/bonuses.
Posted by lynxcat
Member since Jan 2008
24168 posts
Posted on 3/24/24 at 6:07 pm to
Crazy industry standard…can only imagine the revolt when bonuses suck.
Posted by BigD43
Member since Jun 2016
835 posts
Posted on 3/24/24 at 7:25 pm to
not even 3%
Posted by Larry Gooseman
Houston
Member since Mar 2014
2656 posts
Posted on 3/24/24 at 9:42 pm to
0% raise and 0% bonus and I got laid off to boot.

EY is 6/30 year end so found out about my numbers in August and got laid off Jan 5th.

I believe the consulting firms are in for more pain in 2024.
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
706 posts
Posted on 3/24/24 at 10:11 pm to
Sorry to hear, Joe will just tell you it’s the Putin Price Hike at work, not his problem Jack.
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
706 posts
Posted on 3/24/24 at 10:14 pm to
People flip their shite for sure. I’m in Houston but get paid same as NYC which is nice. For those folks up there getting taxed at 55% it’s a big deal when bonuses fall flat. Private school is easily $60k/yr per head up there in nyc not to mention housing. So even one year of bad bonus and people really get stressed or bail for another firm.
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