I’m (2nd year associate) considering lateraling to a blackbox firm. (“Ew, why!” Just go with it for now, please and thank you.) If annual raises are generally given in August/September because that’s the normal class year start/end, is that when I’d receive a raise (if any) as well? Is a guaranteed raise something I can negotiate for?

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Re: timing of raise, probably? Only they can say. Yes, you can negotiate a guaranteed raise. Unlikely a black box firm will commit to that, though.

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What salary should I expect in the market currently
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Like those FAANG people will be fine, they got generous severance packages. The people who actually need help often get overlooked or are forgotten.

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