Is it typical to get a year end raise, even if you are not getting promoted? For example, I’ve been at my current rank for one year and am close to next level. My value is higher since I am more experienced but still billed as a senior analyst. Is it reasonable to ask my employer for a raise? My reasoning as follows:
- My work quality has significantly improved since last year
- 90% utilized this year
- Current pay is below market value
- No harm in asking

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Posting as :
works at
You are currently posting as works at

Very typical in consulting. But this year is not typical so your employer will look for any justification to shortchange you.

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Practices will vary by firm. For us, raises happen on promotion and your anniversary.

To clarify. There is a small pay bump (3-5%) each year within role, but big jumps happen when you are promoted

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Pretty sure I’m not getting promoted so they can avoid the pay bump, so not banking on more than a 2 to 3% raise

Cool! Thanks for the input everyone. I’ve never asked for a raise if it wasn’t offered, but good to know it’s still an option!

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