Author Topic: What's your organization's standard annual raise?  (Read 21246 times)

monstermonster

  • Magnum Stache
  • ******
  • Posts: 4305
  • Age: 32
  • Location: The People's Republic of Portland (Oregon)
What's your organization's standard annual raise?
« on: March 08, 2016, 09:28:32 AM »
My SO is looking around for a new gig right now, but he has an insanely cushy job at BigTechCorp. The "standard" annual raise is 6% across the organization. Meanwhile, 2% is if you're not doing a good job. In a recent lean year, the raises were 4%.

I don't think this is normal and have tried to tell him not to expect this in a compensation package. But at my small organization, the across-the-board raise was a .75% cost of living increase, which got cut when the budget didn't balance. I realize maybe there's a middle ground.

So can you tell me your industry, organization size, and (if any) what raise is a "standard" raise at your organization? I'm very curious.

sol

  • Walrus Stache
  • *******
  • Posts: 8492
  • Age: 42
  • Location: Pacific Northwest
Re: What's your organization's standard annual raise?
« Reply #1 on: March 08, 2016, 09:32:44 AM »
Fed, 0%.  Thanks Congress!

Vanguards and Lentils

  • Bristles
  • ***
  • Posts: 288
  • Age: 29
Re: What's your organization's standard annual raise?
« Reply #2 on: March 08, 2016, 09:36:19 AM »
Roughly 3%, for cost-of-living, at a large public university.

TheOldestYoungMan

  • Pencil Stache
  • ****
  • Posts: 750
Re: What's your organization's standard annual raise?
« Reply #3 on: March 08, 2016, 09:38:33 AM »
3% at a state job.  It'll be a pool for each manager, if he wants to give someone more he can, it just has to come out of the other's.  So when you get less than 3, it's like, who took my 3, and when you get more it's like, suck it suckah!  The pool size varies each year, sometimes more, sometimes less, sometimes nothing.

cats

  • Handlebar Stache
  • *****
  • Posts: 1123
Re: What's your organization's standard annual raise?
« Reply #4 on: March 08, 2016, 09:48:43 AM »
I have a union job, our contract negotiates cost of living increases in 3-4 yr chunks, it is typically 2.5-3.5%.  If you are below the top of your pay band you also get a 5% increase, until you hit the top, at which point you just get the COL.

I have mixed feelings about this setup.  It was nice my first couple of years when I was still learning the ropes, now I sort of feel like I'd prefer to make a case for my own raise...I guess I am doing this by making a case for a promotion that would move me into a higher pay band...

GrowingTheGreen

  • Bristles
  • ***
  • Posts: 356
    • Growing The Green
Re: What's your organization's standard annual raise?
« Reply #5 on: March 08, 2016, 09:50:20 AM »
3%

Kris

  • Magnum Stache
  • ******
  • Posts: 4182
Re: What's your organization's standard annual raise?
« Reply #6 on: March 08, 2016, 09:50:37 AM »
My husband: corporate, 2%

Me: University of Wisconsin, 0%.  Haven't had a raise of any kind, cost of living or not, in six years.

FIREdancer

  • Stubble
  • **
  • Posts: 132
Re: What's your organization's standard annual raise?
« Reply #7 on: March 08, 2016, 09:57:11 AM »
1% every other year at a large public university. And no merit raises in my department due to budget.

MrsDinero

  • Pencil Stache
  • ****
  • Posts: 935
Re: What's your organization's standard annual raise?
« Reply #8 on: March 08, 2016, 10:02:24 AM »
Small, private tech company.  0-3% depending on how well we are doing, same with bonuses.

When I worked for a big tech company I would get a 3-6% raise based on performance eval + $10k+ in bonus every year. 

Philociraptor

  • Pencil Stache
  • ****
  • Posts: 929
  • Age: 30
  • Location: DFW, TX
  • Eat. Sleep. Lift. Repeat.
Re: What's your organization's standard annual raise?
« Reply #9 on: March 08, 2016, 10:09:48 AM »
0%. No standard raises, no annual reviews, no focus on personal growth. Privately owned manufacturer.

chemistk

  • Bristles
  • ***
  • Posts: 359
Re: What's your organization's standard annual raise?
« Reply #10 on: March 08, 2016, 10:10:43 AM »
I work for a large company and it all depends on performance. It can be anywhere from 0% to 6% depending on how well you did in the previous year, though the average seems to be between 2%-4% depending on the company's performance. Mine was 2.5%.

Petuniajo

  • 5 O'Clock Shadow
  • *
  • Posts: 89
  • Location: Southeastern US
Re: What's your organization's standard annual raise?
« Reply #11 on: March 08, 2016, 10:13:27 AM »
No standard raises at my large public university. However, each year we are eligible for merit pay raises IF the state/university has the money. It seems so far, that when merit pay raises are awarded, they tend to be between 1-5% depending on performance and funds available.

10dollarsatatime

  • Pencil Stache
  • ****
  • Posts: 653
  • Age: 34
  • Location: Utah
Re: What's your organization's standard annual raise?
« Reply #12 on: March 08, 2016, 10:19:15 AM »
2.5% for a city government position.  COLAs haven't been a thing since the recession.  And if you get a poor performance evaluation, you don't get the 2.5%. 

JZinCO

  • Pencil Stache
  • ****
  • Posts: 701
Re: What's your organization's standard annual raise?
« Reply #13 on: March 08, 2016, 10:28:58 AM »
1% across the board at an r1 university, 1% merit pay. Those in the 4th quartile of pay received no pay raise but a bonus instead.

notactiveanymore

  • Stubble
  • **
  • Posts: 212
Re: What's your organization's standard annual raise?
« Reply #14 on: March 08, 2016, 10:32:07 AM »
We get a COLA around 2.1% each year. Then there is a pot of money the President divides as he sees fit. Most of it goes to moving people to their midpoint salary within 5 years. But most of us are misclassified anyway, so we're starting a job description and salary study this year.

Sailor Sam

  • Magnum Stache
  • ******
  • Posts: 4127
  • Age: 38
  • Location: Steel Beach
  • Semper...something
Re: What's your organization's standard annual raise?
« Reply #15 on: March 08, 2016, 10:41:47 AM »
The military has been getting a 1-3% COLA since I joined in 2005. We also get longevity raises every 2 years. Otherwise, raises are matched to promotions.

Dee18

  • Handlebar Stache
  • *****
  • Posts: 1605
Re: What's your organization's standard annual raise?
« Reply #16 on: March 08, 2016, 10:43:49 AM »
Large private university: 1%, some years 0%.

norabird

  • Walrus Stache
  • *******
  • Posts: 7826
  • Location: Brooklyn NY
Re: What's your organization's standard annual raise?
« Reply #17 on: March 08, 2016, 10:49:20 AM »
Large company, 2% is supposed to be the ceiling but this is performance dependant.
« Last Edit: March 08, 2016, 11:06:43 AM by norabird »

Nola584

  • 5 O'Clock Shadow
  • *
  • Posts: 31
Re: What's your organization's standard annual raise?
« Reply #18 on: March 08, 2016, 10:56:33 AM »
Mid size company in chemical industry.

"Standard" raises are around 3%, but they're solely tied to performance. So a solid performer will likely get 3%, the exceptional few may get a few % more, and those with performance issues may get nothing. No additional COL adjustment. Extra raises only when promoted.

Enough

  • Stubble
  • **
  • Posts: 145
Re: What's your organization's standard annual raise?
« Reply #19 on: March 08, 2016, 11:02:32 AM »
Prior medium cap chemical co: 1-5% personal performance dependent
Current large cap chemical co: 0-2% company performance dependent (0% last year, 1.25% this year).

mak1277

  • Pencil Stache
  • ****
  • Posts: 756
Re: What's your organization's standard annual raise?
« Reply #20 on: March 08, 2016, 11:07:12 AM »
2.5% for the current year.  For our company, each department is given a pool of money equal to 2.5% of the current salaries.  The department head is allowed to spread that around to his team as he sees fit, so some people get more than 2.5% and others less.

aprilchem

  • 5 O'Clock Shadow
  • *
  • Posts: 42
Re: What's your organization's standard annual raise?
« Reply #21 on: March 08, 2016, 11:14:52 AM »
I'm at a small, liberal-arts college.  Our raises for the past five years have been:

2010:  0%
2011: 0%
2012: 1%
2013: 0%
2014: 8%
2015: 2%

The 2014 number was to try to "catch us up" to our comparable institutions, since we were losing a lot of good faculty members by that time. 

SKL-HOU

  • Pencil Stache
  • ****
  • Posts: 508
  • Location: Houston, TX
Re: What's your organization's standard annual raise?
« Reply #22 on: March 08, 2016, 11:16:15 AM »
I work for a huge engineering/architecture company with offices worldwide. They give the managers 1.5% for everyone to distribute as he sees fit.

NYCWife

  • 5 O'Clock Shadow
  • *
  • Posts: 73
  • Age: 41
Re: What's your organization's standard annual raise?
« Reply #23 on: March 08, 2016, 11:20:25 AM »
When I worked at a large for-profit corporation (publisher) = 1-1.5% annually, regardless of performance. One year it was .5%.

Now that I'm at a smallish non-profit = 1.5-2% annually, plus an increase in 401K matching each year (up to 50% match by year 5)

Fishindude

  • Handlebar Stache
  • *****
  • Posts: 2064
Re: What's your organization's standard annual raise?
« Reply #24 on: March 08, 2016, 11:27:18 AM »
No such thing as standard.  Might be 2-4% for reliable folks doing their job day to day, but not doing anything special.   Nothing for sub par performers.  Could be significant for top performers.   If we had a crap year, maybe nothing for anyone.

It's market and performance driven, as it should be.
I never liked the idea of expected annual percentage pay raises.

acroy

  • Handlebar Stache
  • *****
  • Posts: 1702
  • Age: 41
  • Location: Dallas TX
    • SWAMI
Re: What's your organization's standard annual raise?
« Reply #25 on: March 08, 2016, 11:30:02 AM »
Medium size, food industry
Annual raises based on performance and where you are in the 'salary range'. There is no set amount.
That said, 'normal' is 2-5%.

thek1d

  • 5 O'Clock Shadow
  • *
  • Posts: 16
Re: What's your organization's standard annual raise?
« Reply #26 on: March 08, 2016, 11:32:25 AM »
Upstream oil & gas MLP, no raise this year, but haven't been laid off yet!

golden1

  • Handlebar Stache
  • *****
  • Posts: 1544
  • Location: MA
Re: What's your organization's standard annual raise?
« Reply #27 on: March 08, 2016, 11:33:53 AM »
2-4% based on performance.  Poor performers get 2%.  Good performers 4%.  Apparently they used to give much bigger raises here, but then they capped them at 4% in a lean year and never looked back. 

onlykelsey

  • Handlebar Stache
  • *****
  • Posts: 2172
Re: What's your organization's standard annual raise?
« Reply #28 on: March 08, 2016, 11:36:47 AM »
I'm a lawyer in an international law firm, so it's lock step.  But we are the minority of employees of the firm, and I think a 2-3% raise is pretty standard.  I don't think many jobs offer lockstep raises above 3%, honestly.

MsPeacock

  • Handlebar Stache
  • *****
  • Posts: 1528
  • Location: High COL
Re: What's your organization's standard annual raise?
« Reply #29 on: March 08, 2016, 12:07:08 PM »
Fed, 0%.  Thanks Congress!

Yep. Sometimes it is like 1%.  No performance based raises either, for the most part.

mm1970

  • Walrus Stache
  • *******
  • Posts: 6603
Re: What's your organization's standard annual raise?
« Reply #30 on: March 08, 2016, 12:16:41 PM »
My SO is looking around for a new gig right now, but he has an insanely cushy job at BigTechCorp. The "standard" annual raise is 6% across the organization. Meanwhile, 2% is if you're not doing a good job. In a recent lean year, the raises were 4%.

I don't think this is normal and have tried to tell him not to expect this in a compensation package. But at my small organization, the across-the-board raise was a .75% cost of living increase, which got cut when the budget didn't balance. I realize maybe there's a middle ground.

So can you tell me your industry, organization size, and (if any) what raise is a "standard" raise at your organization? I'm very curious.
From 2011 to 2015, got nothing.  Zip, zero, nada.

Jan 2016 I got 4+ %.  Now I'm only $30k a year underpaid!

monstermonster

  • Magnum Stache
  • ******
  • Posts: 4305
  • Age: 32
  • Location: The People's Republic of Portland (Oregon)
Re: What's your organization's standard annual raise?
« Reply #31 on: March 08, 2016, 12:22:05 PM »
My SO is looking around for a new gig right now, but he has an insanely cushy job at BigTechCorp. The "standard" annual raise is 6% across the organization. Meanwhile, 2% is if you're not doing a good job. In a recent lean year, the raises were 4%.

I don't think this is normal and have tried to tell him not to expect this in a compensation package. But at my small organization, the across-the-board raise was a .75% cost of living increase, which got cut when the budget didn't balance. I realize maybe there's a middle ground.

So can you tell me your industry, organization size, and (if any) what raise is a "standard" raise at your organization? I'm very curious.
From 2011 to 2015, got nothing.  Zip, zero, nada.

Jan 2016 I got 4+ %.  Now I'm only $30k a year underpaid!
What industry are you in where $30K is a possible amount to be underpaid? (Also, oof, sorry to hear that)

(Asking as someone whose org's median income is $28K)

mm1970

  • Walrus Stache
  • *******
  • Posts: 6603
Re: What's your organization's standard annual raise?
« Reply #32 on: March 08, 2016, 12:27:42 PM »
My SO is looking around for a new gig right now, but he has an insanely cushy job at BigTechCorp. The "standard" annual raise is 6% across the organization. Meanwhile, 2% is if you're not doing a good job. In a recent lean year, the raises were 4%.

I don't think this is normal and have tried to tell him not to expect this in a compensation package. But at my small organization, the across-the-board raise was a .75% cost of living increase, which got cut when the budget didn't balance. I realize maybe there's a middle ground.

So can you tell me your industry, organization size, and (if any) what raise is a "standard" raise at your organization? I'm very curious.
From 2011 to 2015, got nothing.  Zip, zero, nada.

Jan 2016 I got 4+ %.  Now I'm only $30k a year underpaid!
What industry are you in where $30K is a possible amount to be underpaid? (Also, oof, sorry to hear that)

(Asking as someone whose org's median income is $28K)
Engineering, semiconductors.

That's the amount I make less than the median at my level.
Of course, compared to the median female pay at my level, I'm only about $18k underpaid.

Gone Fishing

  • Magnum Stache
  • ******
  • Posts: 2750
  • So Close went fishing on April 1, 2016
    • Journal
Re: What's your organization's standard annual raise?
« Reply #33 on: March 08, 2016, 01:01:47 PM »
Around 2%/yr at Megacorp, though bonuses have crept up faster, maybe worth another 2% of base salary.  Someone told me they were moving towards making more of our compensation bonus based because there are a % of people who won't collect because they leave and it can be adjusted quickly if times get tight. Makes perfect sense from a management perspective. 

NoStacheOhio

  • Handlebar Stache
  • *****
  • Posts: 2143
  • Location: Cleveland
Re: What's your organization's standard annual raise?
« Reply #34 on: March 08, 2016, 01:02:48 PM »
Major teaching/research hospital.

No COLA at all.

We get annual "merit increases" that range from 0-2%, and managers sometimes have discretionary allocations for people who are on the low end of their pay grade.

Everything subject to the whims of your immediate supervisor.

There are rumblings of a major one-time increase because our salaries are starting to lag overall, but I haven't seen it.

justplucky

  • Stubble
  • **
  • Posts: 104
Re: What's your organization's standard annual raise?
« Reply #35 on: March 08, 2016, 01:10:55 PM »
2-4% a year at a Big Tech company.

Pooperman

  • Magnum Stache
  • ******
  • Posts: 2962
  • Age: 29
  • Location: North Carolina
Re: What's your organization's standard annual raise?
« Reply #36 on: March 08, 2016, 01:32:05 PM »
2014: 8% (boutique-sized firm)
2015: 2.05...% (would have been 3.5% if I had been around the whole year... small corp)
2016: 1%? (not sure yet, but heard stories... small corp that bought the other small corp)

katsiki

  • Handlebar Stache
  • *****
  • Posts: 1405
  • Age: 39
  • Location: La.
Re: What's your organization's standard annual raise?
« Reply #37 on: March 08, 2016, 01:45:18 PM »
2-3% regardless of performance or merit the past 2 years.

marty998

  • Walrus Stache
  • *******
  • Posts: 6313
  • Location: Sydney, Oz
Re: What's your organization's standard annual raise?
« Reply #38 on: March 08, 2016, 02:05:04 PM »
Standard is around inflation + .5%, but it's really dependant on performance and where you sit in the salary range for that job.

Bonuses tend to adjust compensation levels to ensure high performers are not disadvantaged if they happen to sit on the low end of the scale.

Guesl982374

  • Pencil Stache
  • ****
  • Posts: 501
Re: What's your organization's standard annual raise?
« Reply #39 on: March 08, 2016, 02:59:53 PM »
2.5% across the board regardless of performance. It's pretty motivating (rolls eyes).

DebtFreeBy25

  • Stubble
  • **
  • Posts: 239
  • Age: 32
  • Location: Appalachian and...tolerating it
Re: What's your organization's standard annual raise?
« Reply #40 on: March 08, 2016, 03:10:43 PM »
Mid-size professional services firm in 2015- 0-2% "merit increase" (I got 1.5%.)
Large consumer services corporation in 2014- No raises whatsoever. (This is typical for sales positions.)
Large international union 2012-2013- Step increases at regular intervals, annual COLA increase (~2.5%)
Federal government 2012- Nothing
Federal government 2011- Nothing
Federal government 2010- COLA (~3%)
Federal government 2009- COLA (~3%)

dabears847

  • 5 O'Clock Shadow
  • *
  • Posts: 81
  • Location: Chicago
Re: What's your organization's standard annual raise?
« Reply #41 on: March 08, 2016, 04:45:53 PM »
3% Company Wide, with fluctuation based on performance. I'd say jump ship for the big raises every 4-5 years, more than that can hurt ones resume.

Bank

10 Billion

spokey doke

  • Pencil Stache
  • ****
  • Posts: 513
  • Escaped from the ivory tower basement
Re: What's your organization's standard annual raise?
« Reply #42 on: March 08, 2016, 05:38:20 PM »
Fed State, 0%.  Thanks Congress Legislature!

Elle 8

  • Stubble
  • **
  • Posts: 154
Re: What's your organization's standard annual raise?
« Reply #43 on: March 08, 2016, 05:43:28 PM »
2% at a large health care organization.  Been this for years, not only for my current organization but other hospitals earlier in my career too.

bacchi

  • Magnum Stache
  • ******
  • Posts: 3720
Re: What's your organization's standard annual raise?
« Reply #44 on: March 08, 2016, 07:44:59 PM »
Raise? Hahahaha.

totesmahgoats

  • 5 O'Clock Shadow
  • *
  • Posts: 30
Re: What's your organization's standard annual raise?
« Reply #45 on: March 08, 2016, 08:04:45 PM »
1%, Public University

Rural

  • Magnum Stache
  • ******
  • Posts: 4834
Re: What's your organization's standard annual raise?
« Reply #46 on: March 08, 2016, 08:20:05 PM »
 Public university, 0% annually since 2008. But the healthcare keeps going up, and for that matter so do mandatory pension contributions,  though not any of the pension benefits.


 That's 0% cost-of-living and 0% merit with the exception of 2014, when there was 1.5% available as merit raises, not to be given out across the board but to the top 10%, I think it was.

Prepube

  • Stubble
  • **
  • Posts: 245
Re: What's your organization's standard annual raise?
« Reply #47 on: March 08, 2016, 08:44:21 PM »
I own a small company that provides consulting and educational services.  This year I had to let four people go, of the remaining 12, one got 10%, three got 3%, 4 remained the same, 2 got pay cuts, and the last two were reclassified to hourly positions that worked out to a 3% raise for one, and a 5% cut for the other.  My partner and I cut ourselves first, then built the year's budget around that.  We are funded by public agencies.

meyling

  • 5 O'Clock Shadow
  • *
  • Posts: 46
Re: What's your organization's standard annual raise?
« Reply #48 on: March 08, 2016, 08:59:41 PM »
I don't think my company has a standard raise. Personal performance is really important. After my first year my raise was about 17%. Though I think they like to think of it more in terms of dollar amounts than percentages.

I work for a software development company.

Hey It's Me

  • Pencil Stache
  • ****
  • Posts: 715
    • Moe's Journal
Re: What's your organization's standard annual raise?
« Reply #49 on: March 08, 2016, 09:11:31 PM »
Maybe it's just because I'm early on in my career, but 0-2% raises seem insane to me. I feel like I would be more insulted than anything if an employer told me I am only a few hundred dollars more valuable to them after a year's worth of experience.
« Last Edit: March 08, 2016, 09:21:15 PM by Ad_Man_Mustache »