It really is going to vary. When you already work for a company, unless they are worried about losing you, don't expect a giant leap unless you are jumping to management.
When I changed companies I got a 55% raise for doing the same level and workload (granted pretty sure I was underpaid at the last company).
For the past 4 years (excluding this year) I have gotten 5 raises. All of them have been between 6-9%. This year the whole company gets 2.5%. I was a little disappointed because of how well the company did last year and because I was used to more...but I then thought 'at least I got a raise'.
Sounds about right, but it varies too much for a definitive answer. Software engineer and sr. software engineer titles are basically interchangeable, given the vastly different standards companies employ. Some pride themselves in being very strict while others hand it to college grads.
If your responsibilities didn't change and you got a 7% raise, then you got a 7% raise.
expectations vary from company to company. A financial firm is going to give you more than 7% every single year without a promotion. I can't expect 7% at my job unless I get a promotion. I think that's what I got for mine.
Nobody said it yet but percentage doesn't say much. If you were making 50k and got 10% raise, that only net you extra 5k. But if you were an ATOT on minimum wage of 100k, then that 10% raise is 10k (now we're talking some good chump change). It would be more interesting to know how much more you pocket than what your percentage is. Hell I got 15% raise when I moved from $3.35/hr to $3.85/hr back in high school.
FTFUPut me in the "lucky you have a job column", but my wife did just get a huge promotion.
She had just topped out her group for her annual raise @ 7% a month ago, then scored a ~27% raise for the new title FTW!
Soon she will be able to support me in the manner to which weI amare accustomed
Depends on the promotion...if you go from the deep fryer to the burger prep station, I would say 7% is pretty hefty!
But if you go from being Senior Network Engineer to being VP of Network Operations, 7% might not be enough.