GoodRevrnd
Diamond Member
- Dec 27, 2001
- 6,801
- 581
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I think if you're making little money then these small percentage raises can appear insulting. Once you're around the $50k+ area I think anything over 3% is decent. I think a lot of peoples' problems is that companies claim a merit pay increase and the raise doesn't match the amount of praise they've given you or the extra responsibilities you've taken on (whether perceived or actual).
I know at one job I was a little miffed being promoted from a 40 hr/week hourly supervisor to a 50 hr/week manager. My total pay went up but my effective hourly rate went down. Apparently the company didn't like giving raises in excess of 15% for ANY reason (even complete change of job). Fortunately, my district manager did me right and gave me a rapid series of raises every couple of months, but the initial transition was still somewhat aggravating.
Imagine if you were some model employee making an average white collar salary and your superior productivity was rewarded with a 1.5% annual merit pay increase while all the other Joes just doing their jobs meeting the bar receive a "standard" 1% increase. Sure, you received 50% more than them but I think it would be safe to say your reward doesn't adequately reflect the value you add to the company. I realize this example doesn't really reflect the economic reality of *today*, but my point stands.
I know at one job I was a little miffed being promoted from a 40 hr/week hourly supervisor to a 50 hr/week manager. My total pay went up but my effective hourly rate went down. Apparently the company didn't like giving raises in excess of 15% for ANY reason (even complete change of job). Fortunately, my district manager did me right and gave me a rapid series of raises every couple of months, but the initial transition was still somewhat aggravating.
Imagine if you were some model employee making an average white collar salary and your superior productivity was rewarded with a 1.5% annual merit pay increase while all the other Joes just doing their jobs meeting the bar receive a "standard" 1% increase. Sure, you received 50% more than them but I think it would be safe to say your reward doesn't adequately reflect the value you add to the company. I realize this example doesn't really reflect the economic reality of *today*, but my point stands.
