Originally posted by: theknight571
LOL... I worked for a very large, multi national corporation that made billions of dollars each year... yet never had any money for raises... 2 - 2.5% annual.... average. If you got promoted, you got more... maybe 6-7% total... but I think they stopped "promoting" people a long time ago.
Now they just lay people off (since they're "struggling" financially) and then shuffle the rest.
Meanwhile... the CEO's "compensation" went up 23% to $27,000,000 (including "bonus").
So, while I was getting laid off, CEO was crusing around in the corporate jet and private limo... value not included in the $27,000,000.
Edit:
BTW OP... good job, I think you handled it correctly by doing your homework and being prepared to plead your case.... not just walking in and demanding a raise out of the blue.