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My bank has drastically cut back on bonuses and I received a 2% raise for 2023
I got three percent!!!!! My boss said he thinks it included a 'longevity" bonus because they gave increases to mist employees due to change in obstacles. He was wrong and I told him so.
Lender incentives have remained. As far as I know, the bonuses on the retail side are the same as last year. I can’t speak on raises though, they’ve been pretty poor since Covid. Best way to get a bigger raise is to change roles, preferably while in the same company.
Not true, many limit an internal increase to 10% while you can get a bigger increase by moving to a new employer, then come back later if you so chose