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Whats the Largest Increase in Salary you've ever experienced or seen? UPDATE
Posted on 1/21/20 at 10:10 am
Posted on 1/21/20 at 10:10 am
When I was 26 I did a 33% jump.
What about yall?
What about yall?
This post was edited on 2/7/20 at 3:15 pm
Posted on 1/21/20 at 10:15 am to BobbyLenMoore
I got about 100% raise once when I switched jobs. Throw in the benefits, both real and fringe, and it was closer to a 120% raise.
Unfortunately a couple of months later my wife took about a 60% pay cut.
Unfortunately a couple of months later my wife took about a 60% pay cut.
Posted on 1/21/20 at 10:18 am to BobbyLenMoore
After residency training many MDs will go from very modest salaries to 8 times more - obviously this varies a lot depending upon the type of practice.
Posted on 1/21/20 at 10:36 am to BobbyLenMoore
Got a 50% raise when I switched companies, then a 50% raise after a year with the new company. So in a 1 year span, a 125% raise.
Posted on 1/21/20 at 11:19 am to BobbyLenMoore
When I was 23 I left my first job that I worked after college and received a 28% increase in salary at my new job, later that year I left that department to go work for corporate (still the same organization) and I received a 57% bump. 5 months later I received a 30% increase (via promotion). This all occurred with the same 12 month period.
The beginning of my career was a pretty wild ride, in one year my salary increased 2.5x, it wasn't very high to begin with though
ETA: The jump in actual numbers was 28k to 70k in a year. I went from feeling really shitty about my career path to pretty good in a matter of 10 months
The beginning of my career was a pretty wild ride, in one year my salary increased 2.5x, it wasn't very high to begin with though
ETA: The jump in actual numbers was 28k to 70k in a year. I went from feeling really shitty about my career path to pretty good in a matter of 10 months
This post was edited on 1/21/20 at 9:51 pm
Posted on 1/21/20 at 11:42 am to BobbyLenMoore
Without going to all the details, my salary grew north of 400% over the last decade. There are been a number of promotions and job changes within that led to the changes. The most dramatic changes occurred in the last two years or so.
Posted on 1/21/20 at 11:52 am to BobbyLenMoore
86.7%
Intern to Full-time
Intern to Full-time
Posted on 1/21/20 at 1:12 pm to BobbyLenMoore
Joe Brady went from $80k to about $2.5 million in a year.
Posted on 1/21/20 at 2:53 pm to BobbyLenMoore
Also, I wanted to say I will exclude lawyers and doctors because residency salaries are purposely set and controlled
Posted on 1/21/20 at 7:44 pm to BobbyLenMoore
2 years out of college. Managing bar at 12/hr to 57k starting salary to asst. Superintendent @ 75k (construction GC) to superintendent at same company @ 103k.
Went from picking up leftovers at the parents house to avoid grocery bills to buying my ole man national championship game tickets in 2 years.
Went from picking up leftovers at the parents house to avoid grocery bills to buying my ole man national championship game tickets in 2 years.
Posted on 1/21/20 at 8:11 pm to baseballmind1212
I start at a new job on Monday that comes with a 47% raise.
Posted on 1/21/20 at 8:23 pm to BobbyLenMoore
went to NYC took a level 1 support position 4 years later im a director making more than twice what was making back home. its been a 20 to 30 percent raise every year since i moved up here.
Posted on 1/21/20 at 8:25 pm to oklahogjr
~30% over 1 year by getting out of the office and onto a big project, 3 years later another 20% switching jobs.
Posted on 1/21/20 at 8:52 pm to oklahogjr
quote:
went to NYC took a level 1 support position 4 years later im a director making more than twice what was making back home.
Do you feel like you have more spending power? Or is it all gobbled up by the increase in COL
Posted on 1/21/20 at 9:07 pm to oklahogjr
Promotions every couple years + a change of company or two is the fastest way to accelerate earning power. I don't believe that money should always be the driver of decisions but it's almost always the best way to capitalize on higher pay.
It's fascinating to watch employers undervalue its current employees and then have to replace and retrain. Easy to take for granted those that are already on board.
It's fascinating to watch employers undervalue its current employees and then have to replace and retrain. Easy to take for granted those that are already on board.
Posted on 1/21/20 at 9:28 pm to BobbyLenMoore
Doubled salary plus better benefits mid-career.
Posted on 1/21/20 at 9:30 pm to BobbyLenMoore
42.5%... Yesterday actually, so I got that going for me.
Eta:
Now, I was treated well with bonuses, once got a 70+% bonus, but I needed more stability as I move into the having kids portion of my life, so I finally had to go have a heart to heart, and I basically told him I didn’t want to leave but we were going to have to do something with my base or I was going to have to look around. He knew it was coming and we hashed it out in about 5 minutes.
Eta:
quote:Agreed... I was pretty much given the reins in my second year. We’ll have maybe one strategic meeting per quarter to stay on the same page, but other than that, I do it how I want... I just finished my 5th year and we’ve had a lot of success, especially the last two years, but I’ve only gotten one raise and it was like 5%.
It's fascinating to watch employers undervalue its current employees and then have to replace and retrain. Easy to take for granted those that are already on board.
Now, I was treated well with bonuses, once got a 70+% bonus, but I needed more stability as I move into the having kids portion of my life, so I finally had to go have a heart to heart, and I basically told him I didn’t want to leave but we were going to have to do something with my base or I was going to have to look around. He knew it was coming and we hashed it out in about 5 minutes.
This post was edited on 1/21/20 at 9:50 pm
Posted on 1/21/20 at 10:05 pm to lynxcat
quote:
It's fascinating to watch employers undervalue its current employees and then have to replace and retrain. Easy to take for granted those that are already on board.
Tbh I've never understood it. As management, it's so much easier and more efficient to retain quality employees versus dealing with turnover and subsequently paying higher starting salaries but so many companies seem content being in a constant state of retraining.
Posted on 1/21/20 at 10:08 pm to Spitting Venom
quote:
Do you feel like you have more spending power? Or is it all gobbled up by the increase in COL
definitely feel the difference. when we first moved here it was difficult to afford groceries.
now we can pretty much do whatever we want outside of the truely expensive stuff.
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