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re: Yearly raise

Posted on 12/19/16 at 12:08 pm to
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3732 posts
Posted on 12/19/16 at 12:08 pm to
Yep that's pretty good. What I have found in my career is that I roll along getting 3-5% raises per year and then every 3-4 years I have to go look for a job somewhere else because my raises haven't kept up with my market value. I have done that 3 times now and gotten a 20-30% bump each time I switched jobs.
Posted by CunningLinguist
Dallas, TX
Member since Mar 2006
19252 posts
Posted on 12/19/16 at 12:12 pm to
quote:

Yep that's pretty good. What I have found in my career is that I roll along getting 3-5% raises per year and then every 3-4 years I have to go look for a job somewhere else because my raises haven't kept up with my market value. I have done that 3 times now and gotten a 20-30% bump each time I switched jobs.


We must be in the same industry. The only time I get those 10%+ bumps are new job roles (promotion) or work for a new company.
Posted by jscrims
Lost
Member since May 2008
3835 posts
Posted on 12/19/16 at 12:18 pm to
I typically get 2-4% merit with a 16% cash bonus.
Posted by Kcrad
Diamondhead
Member since Nov 2010
68343 posts
Posted on 12/19/16 at 12:31 pm to
I got a 12% raise and 5% COLA.

Can't complain.
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 12/19/16 at 12:41 pm to
Military got a 1% raise this year. Be grateful.
This post was edited on 12/19/16 at 12:42 pm
Posted by whodatdude
Member since Feb 2011
1497 posts
Posted on 12/19/16 at 2:50 pm to
3 years for me and 8 years for my mother-in-law.
This post was edited on 12/19/16 at 2:51 pm
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