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Means more than 0%. I’d love a 3% increase.
Rising Star
It means your company has a better compensation structure than…some others.
Rising Star
Boy, I’d sure love to be in a position to complain about a raise.
I don't really know anyone else who works in advertising sorry! This is why it's an anonymous post
A raise is better than no raise. But inflation is also a thing and pending recession is also thing.
Inflation raise should be 8-10% plus merit raise 3-4%
My info is very dated now but could potentially still be accurate. Some companies do not give inflation raises, cost of living adjustments and the like. There are merit increases and promotions (with raises) and that’s pretty much it. So perhaps what you truly got is an inflation raise but it has to be labeled a merit increase so the finance folks bless it and because the raise approval template does not have inflation as an option even.
It means someone above you went to bat for you to get an increase and that was all the could pry from the finance teams cold cheap hands.
Rising Star
With this inflation not much. But also depends on what you are making 3% of 80k and 3% or 300k are very different.
Rising Star
Not me hahaha
It still means a pay cut because inflation is much higher than 3%.
It means they don't want you there, but need to tell the market they give raises to their employees.