How long does your firm wait to tell you your compensation after a promotion?

Promotions went out Jan 3 and compensation will be revealed late Feb. Is this typical?

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Our promotion/raise cycle is 6/30, typically you find out both in the same meeting. Has been the same at each of the firms (small to regional) I have been at.

For me is the same thing. Promotion in January e salary bump is known in March. I’m in the Finance/Banking industry.

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