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Started By
Message
re: A 3% raise these days is laughable
Posted on 1/16/24 at 4:17 pm to East Coast Band
Posted on 1/16/24 at 4:17 pm to East Coast Band
Honestly, I think a lot, like me, are not getting any Cola. We actually haven't gotten a cola at my office in 5 years. They give us a small bonus so it doesn't compound.
Posted on 1/16/24 at 4:17 pm to East Coast Band
I get a 3.1% yearly raise and am very thankful for it. ???????
Posted on 1/16/24 at 4:18 pm to Thib-a-doe Tiger
quote:
What is accordingly? Maybe they are. Maybe they think she's worth a 3% raise
Maybe but something needs to be given out if your are “very valuable” according to your boss . If you know business then you expect to have to do that to keep good employees
This post was edited on 1/16/24 at 4:19 pm
Posted on 1/16/24 at 4:20 pm to Howyouluhdat
Seems like she’s pretty valuable if they gave her a raise when they let other people go, no?
Posted on 1/16/24 at 4:20 pm to Thib-a-doe Tiger
quote:
So if they mark up to get back to previous margins, where does the magical extra money to give bigger raises come from?
That’s part of your cost big guy
Posted on 1/16/24 at 4:22 pm to East Coast Band
You make your wife work?
Posted on 1/16/24 at 4:22 pm to East Coast Band
The only way get real increases is to look for another job. I've been working professionally for over 25 years and the process is simple. I'm always looking for another job at 20% higher than my current pay. I might go years before getting it but when I do it means my market value had adjusted to that level. I get an offer in writing that my current employer can either match or I'm on my way. Easy peasy.
Posted on 1/16/24 at 4:23 pm to East Coast Band
If it's not good enough, leave. Hiring budgets are always more expensive than retention budgets.
Posted on 1/16/24 at 4:24 pm to Jcorye1
quote:
Hiring budgets are always more expensive than retention budgets.
This is true
Posted on 1/16/24 at 4:27 pm to el Gaucho
quote:
Wah im a millennial
Gen X here
Posted on 1/16/24 at 4:28 pm to East Coast Band
Time to find a new job
But why is your wife working in the first place? Why don’t you get job?
But why is your wife working in the first place? Why don’t you get job?
Posted on 1/16/24 at 4:31 pm to LSUFanHouston
quote:
Yup. So she leaves and ends up making more at new place.
Old place has to spend tiem and money training her replacement... who they will also have hired at market rates which are higher.
Absolutely staggering that employers have apparently not figured this out yet.
Posted on 1/16/24 at 4:32 pm to East Coast Band
Complaining about a standard raise is fricking laughable.
But if it was presented like it was some huge deal then that’s somewhat laughable as well.
But if it was presented like it was some huge deal then that’s somewhat laughable as well.
Posted on 1/16/24 at 4:32 pm to East Coast Band
least she got a 3% - I got a 1.8%, and others in the company got nothing. this despite me being the only person in our entire company that does my job, and is capable of doing any of 5 different aspects to our group.
they tell me they appreciate me - they sure as shite don't show it
they tell me they appreciate me - they sure as shite don't show it
Posted on 1/16/24 at 4:33 pm to East Coast Band
I got 2.5 percent in a 30-40 percent inflation era
What a joke
What a joke
Posted on 1/16/24 at 4:34 pm to East Coast Band
3% is a basic standard of living raise. My old company used to give them yearly, and everything over that was merit based.
Posted on 1/16/24 at 4:34 pm to East Coast Band
When you look at it like this:
3% > 0% > -100% (layoff)
a 3% raise is downright generous.
3% > 0% > -100% (layoff)
a 3% raise is downright generous.
Posted on 1/16/24 at 4:34 pm to East Coast Band
My wife got "laid off" recently (really what happened is the guy who took over the dept felt threatened by her and another woman). The guy was a dick who didn't really do as much as my wife and this other woman)
Anyway, my wife goes out and finds a Marketing Director role at one of their competitors and wins the job.
She's making 35% more than she was at the previous company and is much happier. My wife kicks arse!
Don't be a punching bag at your current employer. If you know you got it, go out and get it!
Anyway, my wife goes out and finds a Marketing Director role at one of their competitors and wins the job.
She's making 35% more than she was at the previous company and is much happier. My wife kicks arse!
Don't be a punching bag at your current employer. If you know you got it, go out and get it!
Posted on 1/16/24 at 4:34 pm to MrJimBeam
quote:
Complaining about a standard raise is fricking laughable. But if it was presented like it was some huge deal then that’s somewhat laughable as well.
That’s what you get when you wait until performance evals instead of asking for your worth
Posted on 1/16/24 at 4:35 pm to Thracken13
quote:
they tell me they appreciate me - they sure as shite don't show it
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