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Life isn’t fair g, this is just the nature of the business.
First year raises are usually nothing anyway. Might as well be a cost of living adjustment. From my personal experience, your raise to senior will make up for the first year.
If you’re just now realizing that you’ll be compensated the same as someone who spends half the year on the bench, you’re in for a world of disappointments. Depending on your COL your bump at senior may not be that much either so don’t hold out thinking you’ll make $80k. As a Senior Consultant I was “high performing” and fully utilized yet my first year senior salary is only $1k more than new hires in SF/NY lol
I am just wondering because I have been staffed since I started but I know new hires who have like a month on the bench and just don't think it's fair if we all get the same raise at the end of the year bc utilization "doesn't matter" as a first year?
No. Some new hires have really high utilization. Some have really low. You all get the same raise. That's why it doesn't matter...
Depends which company. When I started I got good utilization as a staff one and got a huge raise. Others didn't. I heard that starting this past year all staff 1 at EY got a standard 5.5% raise.
OP - are you within the required utilization metrics? If yes, that is what you are paid for so why would they give you a bonus when others are less utilized? If you are exceeding metrics and expectations then that is a different discussion.