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Exactly what you’re missing in Cannes part 2
In which hikes are given in Accenture??
Can anyone say in-hand salary?
Houlihan Senior HCOL salary?
Has anyone heard of company Rohde & Schwarz?
Exactly what you’re missing in Cannes part 2
Many agencies , including yours , are trying to lower the average cost per employee to maintain declining margins. Media agencies are particularly effected as their profit margins are almost 50 percent down from peak
I think it is most likely based on performance. Some folks I know, including me, got a merit raise last month
In my experience it goes like this: nothing for a few years, get the agency a big PR boost or some awards then get a mid five digit raise.
Average BLS inflation in 2016 was less than 2%. If you didn't get a raise for 2 years and it was double that or more you are ahead of the game. Echoing SVP1, our clients don't want to pay us. Personnel costs are increasing dramatically. This is across the industry.