Fellow HR Professionals,

Curious to know how you are handling current inflation rates versus 3% merit increases. Are you adjusting merit increases for inflation? If not, how are you handling those conversations?

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

Our team has been adamant about matching inflation. Otherwise, a mass exodus is almost guaranteed.

like

I'm holding my breath for the mas exodus bc of inflation. Especially since the survey info we are benchmarking against is already aged

like

I just completed our comp and raise packages and we have 3 tiers of merit raises that may change every year based on inflation. Currently I was able to get 3/4/5% tiers approved. Basically the 3% tier is for employees who are meeting most of their KPIs, the 4 % tier is for employees meeting all of their KPIs and 5% is for rockstars who are meeting all but exceeding most KPIs. So essentially it’s a mix of merit and inflation raises. I’ve always hated the idea of across the board raises. They promote doing the bare minimum in my opinion.

like

We're benchmarking everything for market adjustments as of 2021 survey results and for anyone who is short of the 25th - median percentile they'll see between 2-3% coat of living increases. Idk how the decision was made but inflation was not a factor.

like

Thank you! We are taking a very similar approach.

like

Np I think I was unclear though, we're doing the benchmarking and then looking for folks who fall short. If they're short of 25th percentile then we're seeking approval for increases to bring them up, if they're at the 25th but high value (we just did performance reviews within performance pro and were basing it off the 5 pt scale factor that concludes it) then we're pulling them as close to the median as we feasibly can. that means like a 5% bump for some and like a 12% for others. It's crazy but the leadership opinion seems to be that this is like a one time mass pricing exercise and the fact that inflation is so high is making me try to get them used to a new normal. I'm really aware that the info we're using was likely collected spring 2021 and a lot of the cities where we have people has already upped the ante

More Posts

Any good books or articles worth reading on product marketing and analytics? I come from more of a technical and general product management background, so I personally feel like I lack on the marketing side. Like Search engine optimization, etc. Thank you.

like
like

How does one prepare for this without burning out? Any suggestions on amount of practice or case practice per day? Also freaking out about the test lol all advice is welcome. (going for McKinsey)

like

How is Optum vs Nucleus Software Exports?
1. WLB
2. Environment
3. Hikes

Optum Nucleus Software Exports

like

How much does JP Morgan can offer for 4.5+ YOE in python development.

15LPA current fix
Can i get 100% ????

like
like

McKinsey & Company I’m a MBA grad starting at McKinsey soon. I’m new to consulting. How can I ensure I do well? I come from a non-quant background too. What does mckinsey look for in the first year! McKinsey & Company

like

Best ski shop in Denver? Moved here this summer and I'm heading to Vail in the new year and need to pick up new boots and a few other things. Any favorites?

like

Is it sad that I’m actually depressed about being staffed on a somewhat long term local project? I had so many complaints about traveling but now... ☹️👎🏻😢

like

As a new grad interested in becoming a consultant at Oracle, what skills, education background and previous experience are most important? Would I not be competitive if I don’t have much experience in tech/coding?

like

Looking for hope & exceptions with this situation my inlaw (German citizen) is in. They came over on Fulbright and now is on O1 but in exile back in Germany. I know it’s a long shot but has anyone been in this situation and transitioned to permanent US residency? They are married to a US citizen and have a kid (born in US). Immigration attorneys are not super helpful on precedent.

like

Few things are sweeter than locking the door in front of a customer that’s arriving just as you’re closing lol

like

Are we safe to assume the LOR questions will remain the same between last year and this year? Trying to share with my recommenders if the questions are likely going to be the same.

like

How many of you ladies have taken voluntary career breaks? I’m pretty burnt out and ready to pivot away from consulting but thinking of taking a 3-6 month break first. (No kids) Husband is very supportive & we have the finances to do it. But I’m a bit nervous to make that jump.

Anyone else done this before - how did it go?!

like

Back in January I turned down an offer from Deloitte’s Federal Cyber Risk Advisory. If I reach back out to the recruiter now, will they re-extend the offer or will I have to restart the process?

funny
like

125 for ACD in LA. Fair? Underpaid?

Any real estate salesperson available for a quick chat. I just got my salesperson license(MA) and wanted to speak with someone who has gone through the same process to get a better idea on how to kick start my career in RE.

like

Additional Posts in Human Resources

Been searching for an entry level HR coordianator or generalist position but haven't received a call back for 6 months. I come from Banking - years and years of Customer service, reporting, Employee Development, Researching cases, Treasury. I have been at the bank 17 years. I know some of this can transfer over. I don't know what to do as I know my resume is not getting through ATS or if it's just me. Any advice?

like

Hello guys, I just graduated and looking for an entry level recruitment or talent acquisition role either remote, hybrid or on-site in the GTA2

like

IN-HOUSE RECRUITER needed at one of our clients, a NYC digital pharmaceutical Advertising Agency & Med. Communications (this mid-size agency is is a stand alone and doesn't t belong to any of the various large holdings) 2 years minimum as a recruiter in a similar background...
contact us for JD and salary...Best wishes Nicole

like

Hi all, I’ve recently onboarded as an HR recruiter with a small NGO. It has been wonderful so far. I want to make the most of my new role. If you have any suggestions or advise, I’d greatly appreciate it.

like

For those of you who are certified (SHRM or PHR), what was your biggest takeaway from getting your certification? How has this helped you today in your HR career?

like

I have been an HR assistant for 2 years in the public sector 80% staffing 20% recruiting, I want to break out into the private sector and have 5+ interviews but never seen grab there attention. Recruiters have told me that I interview well, Any Advice?? I have also gotten a Hr management Cert and working on my PHR.

like

I'm SHRM-SCP certified and I have been interested in the total rewards or compensation side of HR. Do you think that getting the CCP certification is a good investment? I've seen many Total Rewards open positions but I feel I don't have the necessary experience. Any advices?

like

Hi all, as a Talent Acquisition Partner that is looking to start expending my Professional education, would you recommend pursuing SHRM-CP certification?

like

Does anyone have an Employee Separation Files Management process or policy they can share. It might include collecting files from hiring managers.

Hi everyone! Just looking for some insight. I’m about 4 years into HR, have my bachelors. I’ve been toying around with the idea of getting my masters in something relating to compliance/labor law and that side of HR. Shrm certification is also on my list. If anyone has some advice on what to get a masters in specifically, I’d be open to suggestions! I’m trying to find something that would be worth my while and would give me a step up. Thanks!

like

I am taking the PHR for the first time next month. Looking for tips/strategy for studying!

like

Ugh, how do I explain to my employer that making the salary teamwork 60 or more hours a week without providing overtime compensation is opening us to a major lawsuit? Because saying it in those words doesn’t work.

PHR vs SHRM vs AIRS? Which one should I pursue?

like

Good day everyone,
I'm a recent grad who landed in Canada with a small dream of becoming a human resource professional and work in corporate sector.

I'm trying to land on a job from last 10 months, after applying to 100s of jobs, been on so many interviews I am still not getting anywhere.
I've started to loose all hopes!
It is my humble request to all experienced people, If anyone could guide me in right direction that would be highly appreciated.
Thank you.

like

If I have someone who is interested in early retirement at my company, outside of COBRA (which is only 18 months), what benefits are available for them. Are there Medical/prescription/dental/vision/etc. coverages individuals can opt into? What are the options? Low-high cost options please.

helpful

I am rebuilding an internal function and would love to understand what minimum benchmarks everyone is using for their teams. What outputs are good and exceptional e.g reachouts to conversion, placements , SLA, average time to fill

like

I’m about to accept an offer at a company as a HR Advisor/Safety Coordinator. It is for 72,000, 15 vacation days, 8% bonus and matching 401K on day one. I googled typically salaried ranges for this job within the company and it says the average is 72,000-84,000. I have 3 years of experience as an HR generalist and the location is in Jackson TN. Should I ask for more money ?

like

I am a Senior People (HR) Business Partner working in NYC under an H-1B visa (9 years of experience). I am looking for something new, but I am finding it extremely difficult to find a company who would support an H-1B Change of Employer (COE). I either get declined immediately as part of the application process or get told the company does not support visa sponsorship for non-tech roles. Any tips, tricks, or great companies where an H-1B COE would not be an issue?

like

So, a recruiter gave me feedback that my lack SPHR or SHRM-SCP is causing my resume to be knock out by AI and human recruiters despite my position and work history in Multinationals and being in Technology. They suggested that we put SPHR ( Lapsed). I let it lapse in 2017. What is your opinion? Plus if I were to take another certification - should I take SPHR or SHRM-SCP?

like

Hi everyone! I think I’m going to get a job offer for a TA Sourcer. Originally I said my salary expectations were 60-70k, I’m in the Midwest with 1.5 years of smaller volume sourcing experience. Is that a good number? Or is that too high? Too low?

like

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

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

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