So freakin' nervous right now...

[theknight571]

Well, they were true to form:

They're giving me a 5% raise, and will raise me in "increments" over the next 18 months. I was also moved to salary and they want me to increase my communication (which I already communicate too much. I guess they want me to email them if my balls itch too).

So, same old under-expectations, but the carrot is still dangling in front of my face.

LOL... Sounds like my old boss, except for the raise part.. she didn't know the meaning of the word.

Every meeting she kept telling me I needed to communicate more... eventually I CC'd her on every email I sent, whether she needed to know or not.

The whole department threw a party when they let her go. lol

 

[Krazy4Real]

Well, they were true to form:

They're giving me a 5% raise, and will raise me in "increments" over the next 18 months. I was also moved to salary and they want me to increase my communication (which I already communicate too much. I guess they want me to email them if my balls itch too).

So, same old under-expectations, but the carrot is still dangling in front of my face.

You should communicate to them that you are unhappy with the raise you were given, and that you should have gotten 20% and a promotion.

That's what they're waiting for. Once you do it, it will happen. Trust me.

 

[CPA]

Actually, if it works out you will be better off salary-wise

Full 25% (assume $50K salary):
50,000 x 1.25 = 62,500

Increments of 5% over 18 months (assume 4 more incremental raises)
50,000 x 1.05 = 52,500
52,500 x 1.05 = 55,125
55,125 x 1.05 = 57,881
57,881 x 1.05 = 60,775
60,775 x 1.05 = 63,814

Now, of course, this doesn't account for time value of money nor will you have more money in your pocket during that 18 months, but going forward from the 18 month cut-off, you hopefully are a better standing.

 

[Fritzo]

You should communicate to them that you are unhappy with the raise you were given, and that you should have gotten 20% and a promotion.

That's what they're waiting for. Once you do it, it will happen. Trust me.

Oh, I will be. Waiting for the confirmation email.

 

[Red Squirrel]

The fact that you have a chance at a raise is something you should be glad about. If you don't get it just try again next time the opportunity comes by. It's not like this is determining whether you keep your job. Nothing to be nervous about.

I've reached my cap so no more raises and they also got rid of the yearly living cost increase raise and our bonus. Pretty much lucky to HAVE a job at this point.

 

[NL5]

If you'll continue your employment with the 5% raise, then management did their job perfectly. Every time I've gotten substantial raises, it's been just as I was walking out the door. Of course, you have to be prepared to actually walk.

 

[Fritzo]

Update: bit of a LOL moment.

I got my official promotion email, and it listed my job duties (it's quite extensive). Then my get $50 added to my check tax-free for cell phone compensation, and they listed my new salary, and it equated to $400 a year more than I'm making now, with an additional percentage in 3 months after some projects are completed.

I replied with a "WTF?" email. I told them how much I want to be making, and how much I expect after 3 months. Our HR director replied saying she made a mistake by not including my paid vacations/sickdays in my salary, so they're going to refigure things.

Ugh. Can't they just say "You do good work. I'll now pay you the industry average. Thanks!" and be done with it?????!!!!

 

[Schfifty Five]

So you were expecting a promotion and 25% raise. You got the promotion but the raise was only $400/yr. How much in $s were you expecting your annual raise to be?

 

[T_Yamamoto]

Start sending your resume around!

 

[KIAman]

If you don't like what you got, you should've disagreed with your performance evaluation and given evidence on why you should have been rated higher along with a higher raise in your compensation.

If you didn't have any evidence to support your claim then you needed to do more homework before the meeting.

Don't be afraid to disagree with evaluations as long as you have proof to back up your claims. Some even like the fact you were so well prepared.

If you agreed with the evaluation but disagreed on the compensation, bring proof! Industry standard? Analytics? Some type of metric not made up of thin air that you can show that.

Oh well, you know next time.

Edit: Also 5% raise and you only got $400 more per year? You only make 8k per year?!?

 

[chris9641]

Update: bit of a LOL moment.

I got my official promotion email, and it listed my job duties (it's quite extensive). Then my get $50 added to my check tax-free for cell phone compensation, and they listed my new salary, and it equated to $400 a year more than I'm making now, with an additional percentage in 3 months after some projects are completed.

I replied with a "WTF?" email. I told them how much I want to be making, and how much I expect after 3 months. Our HR director replied saying she made a mistake by not including my paid vacations/sickdays in my salary, so they're going to refigure things.

Ugh. Can't they just say "You do good work. I'll now pay you the industry average. Thanks!" and be done with it?????!!!!

Haha sounds like good news though. Congrats.

 

[notposting]

Sounds like you need to take the raise, and start putting it towards that 4 year degree. Company now gets third priority behind your family and your schooling. It's obvious that they (a) don't care about giving out raises and (b) know you can't just run out to get something equivalent or better with your 2 year degree.

It will be a sweet moment in a couple years when you walk in and toss your resignation on the table after they offer you 5% again

 

[JPS35]

Although you might have to pay for the degree out of pocket, aren't you able to deduct this from your taxes as it benefits your job? Does the company provide a continuing education credit?

 

[Sonikku]

You're lucky. These days bosses like to give what they call a "Responsibilities Promotion".

 

[dmcowen674]

In 30 minutes, I have to go to a meeting that will evaluate my performance for the last 3 months to determine if I will be getting a 25% raise and be officially promoted.

Nope not 1%

So they told you 25% and only gave 5%???

 

[Fritzo]

So you were expecting a promotion and 25% raise. You got the promotion but the raise was only $400/yr. How much in $s were you expecting your annual raise to be?

I was expecting several $1000's. I think I'll get it, it was just a mistake. The number was definitely missing a zero.

 

[Lanyap]

Update: bit of a LOL moment.

I got my official promotion email, and it listed my job duties (it's quite extensive). Then my get $50 added to my check tax-free for cell phone compensation, and they listed my new salary, and it equated to $400 a year more than I'm making now, with an additional percentage in 3 months after some projects are completed.

I replied with a "WTF?" email. I told them how much I want to be making, and how much I expect after 3 months. Our HR director replied saying she made a mistake by not including my paid vacations/sickdays in my salary, so they're going to refigure things.

Ugh. Can't they just say "You do good work. I'll now pay you the industry average. Thanks!" and be done with it?????!!!!

Sorry, but it sounds like they gave you a small raise and a lot more work to do. When you go salaried they expect you to do whatever it takes to get the job doen even if it means working a lot more hours. I hope it works out for you though. Make sure you balance out work and life.

 

[Schfifty Five]

I was expecting several $1000's. I think I'll get it, it was just a mistake. The number was definitely missing a zero.

Hope they do, but what you described about the HR person going back and including vacation/sick days doesn't sound like it was a "oops I forgot a 0" kind of mistake.

 

[KlokWyze]

Well, they were true to form:

They're giving me a 5% raise, and will raise me in "increments" over the next 18 months. I was also moved to salary and they want me to increase my communication (which I already communicate too much. I guess they want me to email them if my balls itch too).

So, same old under-expectations, but the carrot is still dangling in front of my face.

assholes and people that complain are the ones that get the carrots. you should always give them the impression that THEY are the ones that are expandable. if you live in any metropolitan area it shouldn't be too hard to find another position somewhere else.

secure something somewhere else, demand the raise and if they don't deliver, just leave. sometimes you just have to be an asshole. that's business.

 

[KlokWyze]

If you'll continue your employment with the 5% raise, then management did their job perfectly. Every time I've gotten substantial raises, it's been just as I was walking out the door. Of course, you have to be prepared to actually walk.

Exactly. :thumbsup:

 

[Fritzo]

Final update: SUCCESS!!!!

Got what I asked for and a bit more

Next year is looking to be a good year...first one I've had in a LONG time.

 

[rcpratt]

Congrats Fritzo. What % did you end up negotiating?

 

[child of wonder]

I'm pretty confident, but the owners have a history of pulling stuff out of their asses and giving you substantially less than what you were expecting.

Then why are working there?

EDIT:

Just saw your update. Congrats! Glad they didn't try to put you over a barrel.

 

[Fritzo]

Congrats Fritzo. What % did you end up negotiating?

10% increase now, and 10% increase by March 31st if critical goals are met.