Annual Pay Increases

My company just handed out our "merit" increases. I am really kind of disgusted with this. I have always worked for smaller companies who gave accoring to the "year" most of the time very generously. This company is terrible. What % do people normally get? and does anyone know what % cost of living is today? TIA

Message edited 3/31/2006 7:04:33 AM.

Re: Annual Pay Increases

only a 2k increase a year.

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We get a 5% increase each year, JT only gets a 4% increase each year. Both would be fine, but 5% and 4% of not much=not much.

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I thnk the average increase is 3%, if you don't work for a company that gives generous or merit based increases.

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i seen avgs closer to 2%...but 3 is more avg as 4 to 5 percent is generous for large scale companies.

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Ours goes down each year. We are down to 3.5%.

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DH and I both work for non-profits and automatically get a lousy 3% raise. However, I hear many private companies don't even give annual raises.

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Lots of companies don't give raises. Since I work for a partnership, it depends on how well the business did the previoous year with regard to salary increases and bonuses.

I was lucky this year and my Senior Managing Partner gave me 6%.

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We can get up to 5%- depending on our evaluations (I always have gotten 5- since im just a wonderful employee )

Avg here is about 2%

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we get 3% for EXCEEDING expectations!

Message edited 3/31/2006 8:53:52 AM.

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At my last company, the average was 2%. Now I'm self-employed, so depending on how I do this year, maybe next year I'll give myself a raise

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My Job has not given out company raises in 3 years. I have only gotten a raise when I got promoted into a new department.

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DH just got 3% but he was only there 5 months.

I have received consistently over the last 3 jobs between 5-6%.

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DH just got a GLOWING review....works 8am-8pm then comes home and works some more. Does work on the weekends...you would think a nice raise, right? He got 3.2%

I am begging him to get a new job.

Re: Annual Pay Increases

Message edited 12/27/2006 8:25:15 PM.

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Everyone gets 3% a year regardless of performance. I would LOVE a merit increase. Why do I work so hard for nothing?

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Ours is usually 3%.

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Last year I got 5%, it was my first year at my current job, so I'll if it continues, but I've also gotten 5% at other places

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I got 7% the first year and it has been going down gradually as my salary increases. Last year it was 5.5%. I think they want to keep me below a magic number.

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my increases are based on performance. Also, I work for a bonus-driven company. We don't get huge increases, but our bonus increases each year. This year I received my highest increase and bonus. I have been here for 5 years. My increase was 7.5% I normally get 2 or 3%

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I've gotten 12% my first yr and 7% this past yr.. our increase is based on work performance.

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i work for a teeny tiny company.
for the 1st two years I got no salary increase at all- with modest bonus/incentive.
Then last July I got a 11.5% raise and then this past month I got a 7.5% raise.

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DH just got his. He got the most in his area and it was 1900 for the year. What the heck is that? Now really, think about it..how much is it over the course of a year?