what's the average raise??

Question

i'm getting a raise this month. my company has an annual review. how many percent of raise do people usually get?

i'm not HR person, so i have no idea... please help.

Answer 1

Do not expect to get more than the annual standard of living raise, which is usually around 4-5%. If your boss offers you less, argue that you're not really getting a raise unless it's above the annual COLA ( United States cost of living adjustment). In your interview, take a sheet showing your current salary and what the % of increase must be in order for you to actually be getting ahead, after deducting the COLA. Tell them that if they're offering less than 5%, you're not getting any more spendable income at all.

Answer 2

There is no overall "average" raise amount. It varies by industry, salary, seniority and, most of all, your negotiation skills.

Example:

Someone who makes 60K a year, has been there for 8 years, has done an excellent job and knows how to negotiate will most likely do better than someone at the same salary who has just passed their 6 month evaluation.

In short, your question should be "how does MY COMPANIES average raise compare to the standard in my industry, and how does the raise I am offered compare to the standard in the company."

Answer 3

usually 3-5 %... but that could depend on the region you are in and the company.

Answer 4

I would guess at least 5% a year