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Mediavest Spark people -- what is the general trend in terms of promotion/cost of living raises at our agency? Just curious if the COL annual raise is even a thing or valid just for a select few.

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Chicago is supposedly going to start having quarterly merit raises if your reviews are consistently positive. SUPPOSEDLY. Ive only had one merit increase and ive been there over a year. It was small. But others around me have been promoted in less time.

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True on the quarterly raises and promotions. I was asked to submit people last week for both. It can still take a while to get them through since it's only been in effect a couple quarters. Hoping it works out the slowness as the agency gets used to it. Much better than the maybe twice(if we're lucky) submission period.

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Chicago or NY?

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Chicago

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In NY, I would say you prob have to ask your manager, don't just ask but provide reasoning as to why you deserve a raise.. I don't know about just regular raises just bc of cost of living but "merit" increases i would say ask and ask now because they have to put names in now for March promos/increases

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Oh, but on the cost of living bump... Have not seen that to date personally

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COl adjustments happen often, and are characterized differently than merit increases. HR also looks at marketplace cost by level and often makes adjustments. It seems to focus on a level at a time.

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does anyone know about the merit raise policy at starcom?

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Also worth noting you get +6% if you get above target on your year end review and 3% for on target

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% increases vary year over year based on the total pool. I wouldn't bank on those numbers.

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