If non-profit organization: cost of inflation (2.5% - 3.5%)
If corporate: "please...something, anything?...please?" or buck for a promotion.
Small family-owned (your case): If business has been good and the owners are doing well (buying new cars, remodeling home(s)), then you can ask for 3%-5% if your responsibilities haven't changed. If you have taken on additional responsibiltiies then ask for 5%-10% or itremize your personal cost increases to justify.
2006-07-18 05:35:26
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answer #1
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answered by IknowNothing 2
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Inflation accounts recently for 2-3% a year. I would ask in the 6-7% range. So just taking into account cost of living..it would be about a 5% raise. And for performance..1-2% additionally is most definitely reasonable.
2006-07-18 12:44:24
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answer #2
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answered by Mav17 5
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6% or 7- this is reasonable. You may not agree but that's what the boss usually has in his mind.
I reward my employees (good ones) a max of 7%. I run a small biz, 8 employees. If you did not get a raise for 2 years, there is something wrong. Check it out. May be, your company is not doing all that great financially.
Sometimes, the boss has taken you for granted. He thinks you are happy where you are. You should certainly talk to him.
(Him or Her, take it in context).
2006-07-18 12:35:51
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answer #3
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answered by Nightrider 7
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Depends on how your company is doing.
I've owned some small companies, and sometimes it just isn't possible to add any more to the payroll each month, because it would kill the cashflow.
I suggest talking things over with your boss first, and make sure that both you and they are on the same page.
2006-07-18 12:36:40
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answer #4
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answered by jrlatmit 3
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go to salary.com and see what the average person in your city and your field makes, then see how much less you make....and do some math and show them what you should be paid to keep up with the market, very reasonable to get a few % each year with inflation.
2006-07-18 12:57:53
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answer #5
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answered by Alyssa M 2
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I'd say that 5% would probably be reasonable. Especially since it's been a few years!
2006-07-18 12:32:15
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answer #6
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answered by snodrift777 3
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