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How often do you get a pay raise?

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How often do you get a pay raise?

Old 11-03-12, 02:25 PM
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How often do you get a pay raise?

I'm curious, for those of you that have been employed at the same company for more than say 3 years, how often you receive an increase in salary.

Like, how many times, if any, has your salary been increased in the last 5 years?

Also, I'm really not interested in government workers. That's a whole different animal, so I'm only asking those of you that work in the private sector.

By the way, I'd love it if this didn't turn into a political thread or rich vs poor thing or anything like that. I'm simply curious how often you guys get pay raises.
Old 11-03-12, 02:27 PM
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Re: How often do you get a pay raise?

Annually. Think every employer I've had has done it the same way.
Old 11-03-12, 02:30 PM
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Re: How often do you get a pay raise?

Annually for me.
Old 11-03-12, 02:36 PM
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Re: How often do you get a pay raise?

Small bump annually. Larger merit increase occasionally.
Old 11-03-12, 02:49 PM
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Re: How often do you get a pay raise?

I guess this doesn't quite apply to me as I've only been at my current job for 2 years, but I got a minimal bump this past April. I had my annual review a week ago and requested a raise so depending if and how much I get will determine if I stick here.

I looked up the average salary for my position and it is $3-5K more than I'm making. If I don't get at least $3K I'm out.
Old 11-03-12, 02:53 PM
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Re: How often do you get a pay raise?

You guys get annual raises regardless of performance?

And if you get annual raises do you also get a bonus?
Old 11-03-12, 03:03 PM
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Re: How often do you get a pay raise?

Annually depending on performance.
Old 11-03-12, 03:03 PM
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Re: How often do you get a pay raise?

Originally Posted by Osiris3657 View Post
I looked up the average salary for my position and it is $3-5K more than I'm making. If I don't get at least $3K I'm out.
Monthly or weekly?
Old 11-03-12, 03:05 PM
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Re: How often do you get a pay raise?

Every six months (February and August)
Old 11-03-12, 03:17 PM
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Re: How often do you get a pay raise?

Annual raises, determined by company profitability, then adjusted for merit.
Old 11-03-12, 03:22 PM
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Re: How often do you get a pay raise?

Originally Posted by auto View Post
Small bump annually. Larger merit increase occasionally.
Same here. I average merit increases every other year or so. Small bump annually is about 3-4%. Last 2 merits during the last 5 years has been 20% 4 years ago and 25% 2 years ago.

Last edited by E Unit; 11-03-12 at 03:28 PM.
Old 11-03-12, 03:30 PM
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Re: How often do you get a pay raise?

Annual raises of 3% - 4% and one promotion to a new position in the 5 years I've been at my current job.
Old 11-03-12, 04:01 PM
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Re: How often do you get a pay raise?

Annual raise at every company I've worked for (except one), regardless of merit. Bonuses on top of that, in some cases.

The exception was a small business that never gave a pay increase to any of its employees during the 3 years I was there, despite the owners regularly upgrading to more expensive vehicles, etc. Didn't take long for myself and most other employees to jump ship. They've had quite the turnover rate.
Old 11-03-12, 04:03 PM
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Re: How often do you get a pay raise?

I work for a county government. We haven't had a raise in more than 6 years. We've had one chance to sell back vacation time for cash (gee, thanks) and this year we're going to get a one time bonus of between 2 - 3%. We don't anticipate any raises for another few years. Thankfully benefits are great and I have a pension, so that evens out the lack of raises. At least that's what I tell myself to feel better.
Old 11-03-12, 04:26 PM
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Re: How often do you get a pay raise?

Originally Posted by FrankTheTank View Post
Every six months (February and August)
Same for me.
Old 11-03-12, 04:38 PM
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Re: How often do you get a pay raise?

Merit-based annual raise, usually 3%, no bonus.
Old 11-03-12, 04:46 PM
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Re: How often do you get a pay raise?

We used to get raises annually, but now it's every four or five years, and even then it's only 3%.
Old 11-03-12, 05:01 PM
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Re: How often do you get a pay raise?

Annual raises. Annual bonus based on various KPIs, many of which I have no direct impact over. Last year's raise was a hair over 3% (if I recall correctly) and bonus was 10%. This year I'll be lucky to see a bonus at all.
Old 11-03-12, 05:36 PM
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Re: How often do you get a pay raise?

Originally Posted by whoopdido View Post
You guys get annual raises regardless of performance?
We get performance reviews annually

That review is almost 100% guaranteed to be followed by either a raise or a 'performance improvement program' (PIP). Most people get raises (generally vary from 1% to 9.9%, going 10% or higher must have a 'special circumstance' other than just performance)


And if you get annual raises do you also get a bonus?
There is also an annual bonus program if you are an 'eligible employee'. Eligible means you are within a certain level employee within the company (the level thing would be really complicated for me to explain, let's just say that a sizable portion of the company isn't even eligible)


There are also spot bonus' which can happen any time during the year if you have done something great. There are also gift cards (in the $250 range) that have been handed out on occasion for people that have gone above and beyond the job.

It is possible to get an out of cycle performance review in an effort to get an extra raise, but you better have done something super human for that to be considered.
Old 11-03-12, 05:46 PM
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Re: How often do you get a pay raise?

Pay?
Old 11-03-12, 05:49 PM
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Re: How often do you get a pay raise?

Originally Posted by Deftones View Post
I work for a county government. We haven't had a raise in more than 6 years. We've had one chance to sell back vacation time for cash (gee, thanks) and this year we're going to get a one time bonus of between 2 - 3%. We don't anticipate any raises for another few years. Thankfully benefits are great and I have a pension, so that evens out the lack of raises. At least that's what I tell myself to feel better.
Sounds pretty much like me...
Old 11-03-12, 06:27 PM
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Re: How often do you get a pay raise?

I give out raises when it makes sense and I can afford it. Less than once a year. This year, I just did health insurance - so Obama doesn't ship me to Gitmo. Yea yea, I could have waited for Romneycare. But I really wanted to get it setup anyways. Just coincidence on the timing.
Old 11-03-12, 06:28 PM
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Re: How often do you get a pay raise?

Never! Been in the same job here in Japan for 11.5 years - have never had a pay raise, benefits increase, nothing at all.
Old 11-03-12, 06:54 PM
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Re: How often do you get a pay raise?

Annual raise and a yearly bonus depending on what kinda year the company had, last year our bonus was 18% of our salary, also get a holiday bonus in the form of and extra pay check. Also have fantastic benefits and get 5ish hours of pto every pay check.
Old 11-03-12, 07:30 PM
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Re: How often do you get a pay raise?

My company pretty much froze raises few years ago...my suspicion is they only did this for Employees below a certain level. I'm sure CEO's and the like still get their raises and bonuses. As a matter of fact, we got a very small bonus last year after they pleaded poverty...yeah right.


You guys getting raises are bonuses on a regular basis are very lucky.

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