Got "exceeds expectations" on my performance review. Company just posted record quarterly profits. My raise? 3%.
When I asked about the disconnect, I got "budget constraints" and "market conditions."
The math isn't mathing. Strong performance + company success should equal meaningful compensation growth, not cost-of-living crumbs.
Is anyone actually getting raises that match their performance ratings, or is "exceeds expectations" just corporate participation trophy language now?

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Posting as :
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Your situation is pretty common. Raises across most industries are stuck in the low single digits. One overriding reason is that the job market is awful, so companies know people are not likely to be finding another job. It's life in the K-shaped economy, if you're on the upward leg things are sweet, if you're on the downward leg it's a struggle to keep pace with the cost of living.

Even with a good quarter, companies are concerned about it staying that way. Doesn’t justify giving us those crumbs, but that’s the reasoning. For anyone who's leaving a job over it, was that the right call, or was it just more of the same?

They are betting you don’t have better options, will take your 3% and carry on. Are they right?

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