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re: Whats the Largest Increase in Salary you've ever experienced or seen? UPDATE

Posted on 2/7/20 at 3:31 pm to
Posted by deeprig9
2023/24 B2B GSB Riboff Champ
Member since Sep 2012
66377 posts
Posted on 2/7/20 at 3:31 pm to
I went from $38k to $24k to $75k in three months back in 2014.

Life changing year for me.
This post was edited on 2/7/20 at 3:32 pm
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
11678 posts
Posted on 2/7/20 at 3:42 pm to
quote:

Went from $43.5k/yr to $145k/yr last month. A little over 300% increase. Didn’t get a new degree either


shite... And I was feeling pretty good about 42.5% a couple weeks ago in this thread.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/7/20 at 4:20 pm to
What field
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9830 posts
Posted on 2/7/20 at 8:44 pm to
My salary has been the same for the past 6 years, but my annual bonuses have been increasing annually by about 15-20% each year....the number last year was 60% of my salary. Well, this past year was really successful so my bosses came to me and told me what my bonus was. I almost passed out. 40% increase from last year and it was the same as my salary. I work for a family owned business and I’ve been there since ‘95. We started very small but the blood sweat and tears are paying off tremendously. I’m very grateful for my bosses, but the are very grateful for me too.
Posted by castorinho
13623 posts
Member since Nov 2010
82778 posts
Posted on 2/7/20 at 9:27 pm to
quote:

My salary has been the same for the past 6 years
quote:

the number last year was 60% of my salary.
quote:

40% increase from last year
quote:

and it was the same as my salary
you're terrible at math fwiw

If it was the same as your salary, and last year's bonus was 40% of your salary, then it was a 67% increase from last year's bonus. Not 40% increase.
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9830 posts
Posted on 2/7/20 at 10:21 pm to
You are correct. My bad, was doing it in my head and got mixed up. Good thing I have a calculator at work.
Posted by I Love Bama
Alabama
Member since Nov 2007
37877 posts
Posted on 2/8/20 at 9:04 am to
Went from $15,000 a year as a commercial real estate appraiser trainee to almost $150,000 a year after getting my license. Quit that job after 10 years and started my own biz.

Made $5,000 profit my first year (1.5 million in rev) to losing money my 2nd year and YTD this year I have already pocketed $90,000. Expecting to net half a million this year.

emotional swings are the hardest part about being self employed. one month I think I am a God and the next month I feel like a retarded redneck incapable of producing anything


Posted by gpburdell
ATL
Member since Jun 2015
1457 posts
Posted on 2/12/20 at 9:29 am to
50%. I graduated and started working right before the dot com crash. I stuck with the company for a few years but got minimal raises. When I looked outside the company, I got an offer for 50% more. What's funny is that when they asked my salary requirement, I asked for 25% more than I was currently making. I really had no idea what I should be making and figured they'd bump it down to 10-15% which I would have been ok with. When I got the offer and it was for 50% more I was shocked.

I told my current company at the time I was leaving and they countered but had to get CFO approval. It was such an unusual raise that HR wouldn't sign off on it.

I wound up staying for less than 2 years then jumped ship and got another 30% raise.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37722 posts
Posted on 2/12/20 at 10:31 am to
quote:

oklahogjr


Are you an actuary? Thought someone w a username like yours was one
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17032 posts
Posted on 2/12/20 at 12:42 pm to
wife went from practice to hospitalist work and was a 100% jump.
Posted by hubertcumberdale
Member since Nov 2009
6673 posts
Posted on 2/12/20 at 12:49 pm to
quote:

Joe Brady went from $80k to about $2.5 million in a year.



Posted by notsince98
KC, MO
Member since Oct 2012
18645 posts
Posted on 2/13/20 at 8:42 am to
It wasn't instantly but I have seen a 43% increase in salary over the last 2 years.
Posted by zuluboudreaux
God’s country USA
Member since Jan 2008
763 posts
Posted on 2/14/20 at 6:59 am to
1977 - 265% increase at 2.30/hr jobs. Police officer to ambulance driver.
Posted by Azazello
Member since Sep 2011
3188 posts
Posted on 2/14/20 at 7:01 am to
4x my income

military officer --> investment banking
Posted by Dawgfanman
Member since Jun 2015
24181 posts
Posted on 2/14/20 at 7:32 am to
From 47k to 75k back in 2007. Took on some supervisory responsibilities. Since then despite regular raises, largest has been 5k. Need to switch jobs but this job includes a pension and I’m close to earliest retirement age (immediate lifetime payout) under that plan so stuck til then.
Posted by Solo Cam
Member since Sep 2015
32968 posts
Posted on 2/15/20 at 5:50 am to
I was doing residential development for one company in my early 20s making after bonuses in the 60’s

Took the same job with another company and got bumped to 102
Posted by mule74
Watersound Beach
Member since Nov 2004
11446 posts
Posted on 2/15/20 at 4:10 pm to
I’m in sales so it’s not quite the same but my base comp once went from $80k to $175k. That was based on expected commission though.
Posted by braindeadboxer
Utopia
Member since Nov 2011
8742 posts
Posted on 2/16/20 at 11:08 pm to
I don’t remember the specific percentages, but I moved about 50% my first two years with my company. It’s slowed since, usually 3-4% annually but have gotten a couple of 6-10% raises. Not to mention I went from making only a Christmas bonus of about $1k to $7-10k annually plus project completion bonuses which could be anywhere from 25-50% of my salary.

I could absolutely swap companies and get a nice bump, but work enjoyment would really suffer. People leave all the time and regret it and are begging to come back.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10944 posts
Posted on 2/17/20 at 1:38 am to
Compared to my first job out of school in 2008, I’m making 400% more.

Since January 2019, I went from 92k to 131k in South Louisiana. So that’s not too shabby for us for not being in sales or management.
This post was edited on 2/17/20 at 1:41 am
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
60462 posts
Posted on 2/19/20 at 6:30 am to
From broke college kid to oilfield trash. 12k a year to 134k.
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