Raises - what does your company do?

Not sure what COLA is. Guess I could search it but will guess it is a cost of living raise? If so, nah, my company does not do that or even have a regimented pay raise system in place other than a tenure bonus attached to monthly bonus goals. Kinda sucks. At least they have health a 401k match and a few paid sick days. Sign of the times that I'm almost grateful.

 

Generally we get a token raise of 1-2%, but we also tend to get 8-12% in bonuses. Neither is guaranteed, but we have company and division targets so we have a rough idea of what the bonus would be.

To answer Win's question, COLA is Cost of Living Adjustment.

 

Typically 4-6% annually.

 

4-6% annual raise for everyone.

Bonuses vary but most folks fall into 15-18% of their salary. Stock options are in the 3-8% range.

Promotions from within the company are common. In three years I have received a 10% and a 15% raise along with a modest promotion each time.

 

3% annual merit raises. We also do a salary survery very couple of years and adjust salaries which often leads to additional increases.

 

3% but 20% bonus the year before last year. last year was only 12.

 

I am a first year investment banking analyst making xx amount. Next year as a second year analyst I will be making 10k more. As a 3rd year analyst I will be making another 10k from year 2's salary.

 

3% is standard and our bonus was a crappy 4% of our salary which is ok but not as good as my old job. I am going to ask for more like a 5% raise this year.

 

1%, if we're lucky.

 

Last year I got almost a 5% raise and bonus of less than 4%. This year we didn't get our company-wide raises, and it remains to be seen whether we get bonuses or not. I'm not happy about it. And if I don't get this new position I'm interviewing for, I will be leaving this company as quickly as I can.

 

A couple of years I've gotten a standard, 3-4% or so raise, and a couple of years I've gotten a substantial, merit based raise.

All in all I'd say I'm pretty happy that my manager, at least, seems to recognize good work and reward it accordingly.

 

Raise is hopefully around 7-10%, but I was hired on at a very low salary for my position due to my inexperience. I suspect that as the salary keeps climbing, the raise % will start to decrease.

Bonus is a joke and I hardly even notice it in my bank account. It's not that big in the first place and gets taxed like crazy.

But I did just the other day get a spot bonus for my recent "hard work" or whatever, so that was nice.

 

First job out of college, I am extremely happy so far.

5-7% Pay Raise each year

15-18% Bonus each year.

 

I get no raises. Maybe .25 a year Im not sure. To make it worse, I was hired on as a part time employee but I work 40-50 hours a week. Part time employee strictly means no/less benefits then a full timer. Hug your boss next time you see him for giving you your job. Alot of people aren't so fortunate.

 

Millennial here. When we want raises we jump ship.

 

3-6% a year. Really just enough to keep up with the consistently rising coat of our health insurance, but I'm not complaining. I actually got a slightly higher one this year based off of performance. My bonus last year was roughly 2%, again not complaining, but I'm expecting more this time. It was a really good year. We should find out later today or tomorrow.

 

Everyone at my job gets at least a 4% raise every January. Anything above that is based on job responsibility, merit etc. I've been here 6 years and have gotten the 4% minimum 2 times and a higher raise the other 3 times. We also have great benefits, my families health insurance is 100% paid by my job, and we get $80 a month deposited into a HSA for us. Plus a 403B with 25% matching.

 

Haven't really had one in a while. Company performance was a big reason. Being owned by a Dutch company is a bigger reason. Lucky for them I like what I do and who I work with.

Prior to being bought out, despite being in a sales and project management position, I was hourly. I got 5% bumps each of my first 2 years. Then, they moved me to salary and attempted to give me a salary less than what I was bringing home with overtime. I reject that and they ended up matching what I was paid the previous year. In their minds, it was a raise. Since then, I've gotten one 2.5% raise in the last 4 years.

 

Employees are typically rated in 4 tiers based on performance (or who is the best at kissing ass, tooting own horn, etc.) in an ugly, dehumanizing ranking process. The below is what I think is the average in a typical year.

10% get rated in bottom tier and get no raise to 1%.

60% get rated in "successful" tier and get 1%-3% raise.

20% get rated in "high performer" tier and get 4%-5% raise.

10% get rated in "excellent performer" tier and get 6%-7% raise.

The specific amount of raise in your tier is based on your current salary and current position (i.e, a level 2 employee who makes 70k and rated successful may get a 3% raise, whereas another successful level 2 employee who makes 90k may only get a 1% raise).

We also get no bonuses.