Some people I talk to say 5% is good, some say it's barely above inflation. To play devil's advocate, if we say bumped it to 10%. 10% yty(I got 5% last year too) will spiral out of control pretty quickly. This is the frustrating part of trying to objectively judge whether I'm being paid fairly. There's a lot of missing information, from other employees and employers, that I will just never obtain.5% isn't much greater than a COLA. Remember, any year you don't get a raise, you got a pay cut. Inflation is a bitch and cost of living always rises.
If you're trying to answer it scientifically; What are you paid compared to market value for the same job functions/experience level?
Not looking for hard numbers, just a question to ask yourself.
My question would be was it pretty much just automatic?Some people I talk to say 5% is good, some say it's barely above inflation.
Well we're all valuable, but not all of us command enough value to just walk up to the boss and be like "eh yo, give me a raise" and have him affirm. And a lot of people don't understand how they are valued.
what?Isn't consensus Panface? Take career advice with a grain of salt from him.
My question would be was it pretty much just automatic?
Yeah and more a question of did they ensure you knew you earned it or did it just show up automatically as some kind of afterthought of "Deathwing didn't get a felony and does okay work so put him in the 5% drop down, next employee".As in, approximately that amount year to year? Seems like it, so far. I've been with the company under 3 years, so this is my second raise so far.
why can't your wife work. does she have crabs.Already have an interview from putting my feelers out there last night. This is going to be easy street.
why can't your wife work. does she have crabs.
wrong thread my bad.I'm assuming this is due to my post in the Marriage thread? She's taking some time off to switch career paths.
My goal from my posts in this thread is to make what the shit I'm worth--Her income/lack there of is of no bearing on that.
And how would one go about fixing that? I would love to be able to objectively measure the raise I just received so I can act on it accordingly(look for new job or not), but I just don't know how to think whether the raise was good enough or not.
Understand how much the projects you are working on make for the company. Understand your bill rate. Ask your manager, they should be able to help you with those things. When pushing new projects, keep an eye to company value in mind. When evaluating your raise, look at what value you have brought to both your company and customers in terms of actual dollars, then look at subjective shit like "i made the customer more secure." There are ways to quantify that kind of thing as well but, hardly worth it imo. If you are making a significant amount fo rthe company, you should see a significant raise. If I made the company 100k on top of my bill rate (which is already making them a fortune) and they offer me a 3% raise, I'm being duped.
Yeah and more a question of did they ensure you knew you earned it or did it just show up automatically as some kind of afterthought of "Deathwing didn't get a felony and does okay work so put him in the 5% drop down, next employee".
Understand how much the projects you are working on make for the company. Understand your bill rate. Ask your manager, they should be able to help you with those things. When pushing new projects, keep an eye to company value in mind. When evaluating your raise, look at what value you have brought to both your company and customers in terms of actual dollars, then look at subjective shit like "i made the customer more secure." There are ways to quantify that kind of thing as well but, hardly worth it imo. If you are making a significant amount fo rthe company, you should see a significant raise. If I made the company 100k on top of my bill rate (which is already making them a fortune) and they offer me a 3% raise, I'm being duped.
Nah, it's definitely based on yearly performance reviews. Standard procedure for all companies I've been employed. I look especially good here because it's hard to find smart programmers that are motivated to do software test engineering.
See my response above. My position is not nearly that transparent. Would be, if I was working on the research side of the company and I definitely know what you're talking about because I was stopgap for a contract for a couple months recently. But otherwise, I don't really have billable hours and rates.
Actually sittin here at work kinda nervous about interviewing in the morning
Guess I'm scared my boss will find some concrete proof and fire me. Never done this one before.
Dude, you are entitled to interview. If he fires you for job hunting then that wasn't a job you wanted anyway. Always look for places that view their employees as investments, that includes letting them leave if they grow out of their current positions and there is nothing within the company for them.