Would you consider 4.4% a decent raise?

[ryan256]

Simple question. Yes or no. I'm saying no

 

[MiniDoom]

after inflation it's only like 1%.

 

[SpunkyJones]

Yes, for I wouldn't recognize a raise if it came up and peed on my shoes.

 

[LuckyTaxi]

yes, considering we dont get raises where im at.

 

[Feneant2]

Are you kidding? I would literally crap my pants out of happiness.

Our latest contract offer we received is 1.5, 1.5, 1.2 and 1.2 over 4 years... not bad considering inflation is 3-4 times higher than that each year presently.

 

[Lonyo]

Originally posted by: rdubbz420
after inflation it's only like 1%.

Indeed. That alone makes it good. (that it's an actual raise in real terms, since it's above inflation).

Although it depends on what you do and whether you've had to take on any extra responsibilities recently.

 

[XxPrOdiGyxX]

Yeah, it's not that good. 4.4% is probably around the standard average. I'm lucky. I got 6.4% after my first six months (I came in in the middle of the year), 13.3% this past March, and 10% out of cycle last month.

 

[ggnl]

That's pretty good for an annual COLA raise.

 

[amdskip]

I'm lucky to get 3.5 per year, take what you can get.

 

[tw1164]

I only got a 3%

 

[TruePaige]

I got 3.2 so yes.

 

[Foxery]

If it's intended to be annual, that sounds pretty nice. Here's what it gains you for various salary levels:
$30k job = $1320
$45k job = $1980
$60k job = $2640
etc

Say yes!

 

[rivan]

Originally posted by: Lonyo

Originally posted by: rdubbz420
after inflation it's only like 1%.

Indeed. That alone makes it good. (that it's an actual raise in real terms, since it's above inflation).

Although it depends on what you do and whether you've had to take on any extra responsibilities recently.

This.

 

[V00DOO]

Originally posted by: rdubbz420
after inflation it's only like 1%.

If you can believe the Fed's core inflation of 4% which excludes food & energy. I guess it would be decent if you don't eat or drive. On the other hand, given the status of our current economy just be happy you got a raise.

 

[child of wonder]

Personally, I think 5% is a good raise and what companies should give their good employees on an annual basis.

However, with the state of the economy, I wouldn't look a gift horse in the mouth.

 

[Capt Caveman]

Matters what industry you work in but based on the current economy, yes.

 

[KnickNut3]

A lot of people around here are getting -100% raises, so yes.

 

[Toasthead]

thats more than I got last year.

 

[MiniDoom]

Originally posted by: V00DOO

Originally posted by: rdubbz420
after inflation it's only like 1%.

If you can believe the Fed's core inflation of 4% which excludes food & energy. I guess it would be decent if you don't eat or drive. On the other hand, given the status of our current economy just be happy you got a raise.

I ride a bike to work so no gas cost and my real estate tax went down quite a bit last year so I spend about the same on the rest.

 

[darkxshade]

I'd have to say so, especially in the current state of our economy.

 

[nageov3t]

I've never gotten a raise lower than 10% in my current job (though I don't really get % raises anymore, my last raise worked out to about 12% and change).

4.4% is better than being laid off, but it's a far cry from what I've gotten used to (though my starting salary way back when is also probably significantly lower than people working in similar positions)

 

[Injury]

I'd consider any raise decent about now.

 

[radioouman]

4.4% is awesome, and the extra cash that they'll be paying you may cost the company too much money and put them out of business, so it sounds like your employer may be a little short-sighted offering you that much money.

 

[spidey07]

For a large company that is outstanding.

 

[BlahBlahYouToo]

% means nothing without knowing the base salary.