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That’s not even matching inflation; to me it’s the equivalent of a pay cut
Yes
Jesus....... they want you out LOL
I know they’d never do it but I wish firms were transparent about pay and pay bands
Even without a promotion?
If you are paid above the target for your role and level, 1% is not bad. If you are below, then it implies others were prioritized over you. I would ask the person who notified you and say “this seems low and I’m wondering why"
I’m in the same boat but just over my one year. It feels weak bc they clearly valued me lower. Considering I’ve been working so much uncompensated over time it really hurts
I was taught that 3% is the standard rule of thumb
Inflation running 2.1%, YoY wage inflation at 3%.
Yes, even without promotion. You should at least keep up with inflation
Does anyone know what inflation was this year?
Pull the chord on your parachute
It’s not good
I got 0%..
OP - it likely just means that your comp has been ahead of your peer group. If it was zero there’s a chance you got a bad rating. Sorry A6.
Doesnt even cover inflation