I'll be joining Deloitte this month. Do I still have a shot at getting a raise in the normal cycle (I think I heard raises were given every June) or do I need to wait till June 2024?

Deloitte

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Already expecting a raise? Why not just negotiate the compensation you want

likesmart

D2, I did negotiate the compensation that I want. I can still ask to see if I'll get a raise during the next cycle or if I'll have to wait a whole year+.

Getting the comp you want when you start and asking about scheduled raises are two independent things. Have you seen the economy lately with inflation and rising COL across the entire US? Not sure what about my original post rubbed you the wrong way into thinking that I'm some greedy entitled hire that wants something for nothing.

Anyways, good on folks like D4 who actually answered the question without getting emotional or missing the point.

you will be eligible for raises if you join before cutoff date for 2023. I think cutoff date is somewhere in Jan/Feb

likehelpful

Performance year ends on January 7. Very doubtful that OP will get a comp adjustment based on less than 2 months of work.

helpful

I joined 12/2021, and I got a raise 06/2022.

likehelpful

Same except Feb 22

helpful

Joined Jan 2022, got a raise and bonus June 2022.

helpful

Deloitte performance year changed recently, ends Jan 1st week. Not sure of the cut off date for new hires but I am guessing it’s cutting close.

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Assuming the person is in the US, many other member firms still use 31 May as the year end date

Great, thanks for the replies everyone! I'll be expecting a raise in June 2023.

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Can I just say...giving bonuses to people who have been at the firm less than 2 months seems mostly ridiculous to me? What did you do in 2 months to deserve a bonus? Or a raise?

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I didn’t deserve it but, I ain’t turnin down money.

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Do we get annual base raises?

When are bonuses ?

Tomorrow

Yes, you will. I joined same time last year and got a raise and bonus. They weren’t spectacular, but still meaningful.

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