- Jun 5, 2000
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finally got my 6 year review last week. I received high marks from both my boss and the VP of IT. however due to a new HR policy change in March I didnt get much of merit increase.
the policy is that if you are in the top 1/3 of your payscale you get a lower % of a merit increase, and if you are in the lower 2/3 of your payscale you get a higher % of a merit increase. the reason is they want to make the amount of money each group to be about the same for raises.
so me being just within the top 1/3 of my pay scale by about 100 bucks, i got a lousy 2.5% merit raise. :| the max for the company is 5% and that is what i was expecting.
the policy is that if you are in the top 1/3 of your payscale you get a lower % of a merit increase, and if you are in the lower 2/3 of your payscale you get a higher % of a merit increase. the reason is they want to make the amount of money each group to be about the same for raises.
so me being just within the top 1/3 of my pay scale by about 100 bucks, i got a lousy 2.5% merit raise. :| the max for the company is 5% and that is what i was expecting.