A 1% merit increase feels offensive. Yay, another $18 per week towards groceries 🤦‍♀️

Has anyone else ever been offended by a merit increase or a similar raise, benefit offered, or otherwise?

likehelpful
Posting as :
works at
You are currently posting as works at

My annual increase this year was 3% when I was promised it would be much, much higher. Which feels kind of like a slap in the face when you've been expecting something closer to 15% and you're getting a measly 3%. But I'm with you, what is 1% supposed to accomplish? Especially with all of these rising costs.

like

Wow, if you were promised something in double digits I’d be angry! Even 3% hardly accomplishes anything with the rising costs.

I’m trying my hardest to just be thankful I have a job though. Could always be worse.

Most merit increases are in the range of 1 to 2%

helpful

Was that the case 3-4 years ago, too? Definitely not pre-2020.

Absolutely! Usually it doesn’t make much difference at all!

like

Yes 🙌 now imagine that only every other year! Sad 😢 I know. I feel for you!

like

Related Posts

Any idea of the promotion and bonus 😅in EY

like

Due to a recent company-wide increase and additional pay for bilingual direct reports I am only making a dollar and change above them as their supervisor. I was hired into this position in March, having been the first employee in this department. I really tried to get them to budge on salary, they did not, but shortly after accepting they gave the whole company a dollar raise.

Any suggestions on how this might be addressed?

like

Hello,
Can we get promotion after the mid year review in CitiusTech?
Or the promotion for the mid year already done?
I see for many people the designation has changed but for me it's not. I was under the impression that the promotion happens after the mid year discussion or after the year end discussion.
Can someone please tell the details and when we can expect the new revised letter mentioning the new designation.

RSM 11/1 raises post your comp below

1. City/region
2. Level
3. Performance indicator
4. Raise at 8/1? If so how much?
5. Raise at 11/1? If so how much?

Working as a senior data analyst at startup clinical trial company in the NE. Have 6 years full time work experience in data analytics post graduate degree. With part time positions during and post undergrad + quantitative masters, more like 8-10 years. What is considered a good salary? I’m currently at $115k + 10% bonus (no 401k match), and might soon be considered for a promotion that involves managing. Just want to make sure I’m ready for salary negotiation. Thanks so much!

like

I got an offer from Natwest. My current company is accenture and they are offering me to promote as an assoc manager if i take my resignation back. Shall i consider it? What whould i prefer Nat west or promotion in Accenture. How much hike accenture gives while promoting? Any inputs?

likehelpful

(I have recently joined IQVIA bangalore. I will receive my first month salary on 25th this month. Payroll portal got just created for me. So, I opened.)

In my reports -> My current CTC section. It has details of Current annual & Monthly AGS. My question is what is AGS? It is showing half of my CTC. Should I raise this to HR or it is just something else. And where can we get the actual CTC reflection? Pls help. Thanks in advance.

like

Guys anybody from Verizon have received the hike percentage for performing rating. I think this year also they won't adjust the package with market standards. ? Can anyone throw some light on this. For last 2 yrs i am receiving performing and also manager haven't initiated the mts 3 promotion. Please share a way to get a hike than getting only 10 percent

I’m quitting my job tomorrow morning. I don’t have a new job lined up. I’m scared, but also excited? I’ve felt under utilized for months, and haven’t had a promotion after two years. I never take risks like this, but life is too short. Is this a bad choice?

likeupliftingsmarthelpful

What is a standard raise %? I’m about to ask for my first raise and I want to walk in confidently with a number. I’ve been leading my team well above my title for a year and know I deserve it.

like

I’m a very experienced veterinary assistant who has been doing this job for about 4 years in total however because of my skill level I would say I am more of an unlicensed technician. I’m looking for input on what I should ask for a raise. Given the minimum wage, I make about $5 over but that hasn’t really changed to match inflation of living, etc and truly feel like I should be making a decent amount more given my skills. Any helpful advice?

like

I just had my 3 month performance evaluation. It went really well and I received a raise, but I’m worried if I should of negotiated it. It went from $41K to $45K. Is this reasonable? I’m considering I’ve been in the field for only 3 months.

I am in PDM Specialist/ senior consultant 1 &2. This is my promotion year. How do i conform the next title is PDM specialist 2 or the PDM manager?

I’ve built a reputation I’m proud of @ my company. I’m underpaid for what I do (started as an intern) & recently asked for a market adjustment. Management acknowledged that I’m undervalued & plans to set me up for a promotion. It’d come with more responsibility, which doesn’t align with my goals.

Is it wise for me to remain open to a promotion just for increased pay? Or should I be transparent with management about my goals (& possibly not get the pay I’m asking for)? Or any other tips?

like

What is the hike percentage expected with almost always feedback with promotion to senior consultant and without promotion and the bonus percentage tech consulting service line

Please help and guide ... It's urgent

like

I am RTL design engineer at Qualcomm with YOE 3.5 and this AR cycle I'm expecting promotion as Senior design engineer.
For Bangalore location, What market correction I should expect and what should be the base salary after promotion? What is the general hike?

like

Hello 🐋🦈
How’s wlb at Games24x7?
How’s promotion cycle and performance bonus policy?
Please help 🙏🏽

like

Hi All,
Promotion letters are out for C2 and C3A

Which month do we get ASOC promotion letters in tcs?

More Posts

Im dying at work rn, here’s something for society

Post Photo
likefunnysmart

I can’t get pre-approved for a $525k loan. We have $665k in liquid assets.

Owning your own company doesn’t sit well with the banks.

like

Have this huge anxiety going to a concert tmrw. Given the recent events I am afraid of going home after midnight. Should I ask my Uber driver to watch me go inside my building before he/she leaves?

like

Hi Guys,

Switching companies...is better to go for lead ba role or for scrum master?

CTC is the same... looking for insights on growth career wise ,work pressure and learning.

YOE:4.5 as BA

like

Hello everyone, I need suggestion regarding carrear transition. Devops or data engineering which path should I choose, I am software test enginner with 7 yr of experience.

like

Should I leave my first permanent job as a team leader of 4 DPs in a FMCG business (only been there for 4 months) to join a huge Tech business for a 12months contract?

They offer me 60% more money than my permanent role. Circa 2000 dollars every month in my pocket

However, I am worried if I accept the tech role and I do not become permanent I will be looking again for a job in 12-24 months and my CV won't be showing a managerial position. Won't be showing any progress.

like

Question for CN India folks-

If an upward market correction in salary happens in the upcoming appraisal, can it play negatively for someone who just got promoted in June 2021, considering that they recently received a promotion hike of around 20%?

like

Tata Consultancy I got the pune location in my offer letter......is it possible it can be changed to TCS indore.....I have asked HR but he say Indore is not available.


please advise!!!

like

What is the percentage annual appraisal hike given for CTC of 32 to 35 LPA at TCS? Grade: C3B

likefunny

Assuming personal interest in each agency’s work is equal, any benefits or advantages to joining one of the three over the others: SEC, DOJ (antitrust, market integrity, etc.), or FTC?

like

Anyone else in ATL? We had the highest inflation increase of any city in the nation last year and COL is way up. My rent is now more than it was in DC. Anyone seeing COL adjustments? F20 not FAANG.

like

I’m at a late-stage startup right now and helping optimize their recruiting process. I’d love to hear your raw thoughts - what did you like/dislike at Series C-E startups where you’ve interviewed? Do you expect a live case / take-home case? What’s reasonable? Anything else?

like

♥️ 𝑺𝑨𝑷 𝑺𝒖𝒄𝒄𝒆𝒔𝒔𝑭𝒂𝒄𝒕𝒐𝒓𝒔!

#SAP #HXM

Post Photo

Anyone work at an agency where the developers can actually develop modern websites?

like

4YOE @Amazon & trying to lateral to a similar role @FAANG. Have my undergrad GPA (3.8/4) on resume from top 15 school but colleague says to take it off (looks silly). If it’s a good school & high GPA, why ever take it off your resume? Even if 10 YOE...can’t hurt?

like

What is the average salary for a Product Manager with 7 years of experience (5 years as a PM and 2 years as a Dev) in Toronto?

like

Don’t bring that sneeze around me...

Post Photo
likefunny

Honest answers only: what got you interested in this industry? Do you enjoy your work?

helpful

Should those of us who write code be taking a moral/ethical responsibility for what the code is used for?

likesmart

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal