How much of a percent does your employer provide as a raise per year. For my company it seems to be 3% does that seem like a good raise and also is it a different percentage for managers and higher?

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A three percent raise is barely keeping up with inflation, and a lot of people would argue that's not even keeping up at all with the cost of goods and housing these days. I think anything above 5 is pretty good, but anything lower is almost losing you money year after year

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I think that the best way to move up in salary is to move to a new company. I've jumped 20% moving jobs, whereas I've never gotten a raise more than 10% (and that only happened once!). I totally agree that even 5 is too low, but it's at least better than 3. I think it's probably best to start looking elsewhere

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Our raises are typically pretty low, in that single digit range. The only way to get more money really is to move on to another job. There's even a name for that phenomenon, it's known as wage inversion.

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I never knew there was a name for that. I honestly came to the conclusion that you must change jobs for anything significant. Only thing is with my company some jobs even with different titles are a lateral move meaning your pay will stay the same which sucks. Have you ever experienced that within your company ?

Yea so generally we get about 2-5% unless you get a promotion as well and then you might get closer to 10%. But usually the average raise is about 3%. And for some people who work here that is less than 50 cents every year. Its ridiculous how hard we work for such little raises every year.

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