Do companies increase your base salary every year? (like 3-8% increase to adjust for inflation)

For background: this is the 2nd year at my current firm. I was informed that my base salary stays the same as last year. Business development team - Analyst. I didn’t have the promotion this year. VHCOL.

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I got 2% my first year and 2% my second year

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Thank you for the response

How was your annual review overall?

No promo and no increase at all is what consulting does before they do the dirty. I’d keep an eye out and start applying for roles. Also, you’re BD, you’re not a cost center - you’re a revenue generator, any bonus?

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Thank you!!

Yea every year but only 3% so still losing money to inflation

Thank you for the response

I got 0% but I got a promotion the month before the new year, so I think they used that as sort of an excuse lol

Fidelity’s cheap af, worked their years ago

Just got 1%

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