2006-12-30 05:09:05 · 11 answers · asked by nh_lady_2003 2 in Business & Finance ➔ Careers & Employment
In many businesses that I hear of... 2-4% is pretty typical.
Look at it from your employer`s point of view. Can they easily get another body and train him/her in a short time, for less pay?
If you're skilled to the point that you would be hard to replace, then you should find a competing company that will hire you.
Or, if done diplomatically, your current employer may choose to offer to match the competing offer.
2006-12-30 23:03:00 · answer #1 · answered by bluffer_40 2 · 0⤊ 0⤋
Why do you feel insulted? Have you added value to your employer's business or have you just idled along and did the minimum to get by and keep your job?
Without knowing all the factors at work here, that 2% could be an insult or an undeserved gift.
The company that I work for bases annual raises partly on the cost of living increase but mostly upon Quality, Quantity, and Cooperation. You have to have high marks in all three areas to get anything above the minimum cost of living adjustment and if you don't do enough to warrant the COLA, you're OUT.
Objectively grade yourself against your employer's performance criteria and then decide. Maybe your employer is a sh*t and you need to move on. But maybe you're not giving full measure to your employer and should re-double your efforts to improve.
2006-12-30 05:20:45 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Where do you work? If you work for the government or a not-for-profit, 2-3% is generally about average. I know some state governments who didn't give any raises for several years, but rather gave extra time off instead.
If you work for a corporation, how was your review? If it was middling to below average, that's about right. If it was any better than that, you may want to ask what you need to do to improve your salary or start looking around for a new job.
2006-12-30 05:15:56 · answer #3 · answered by Jerry Hayes 4 · 0⤊ 0⤋
The annual inflation in this country is about 3%, so if you got a 2% raise then you're actually losing money. So considering that, you have a reason to be mad.
2006-12-30 05:39:52 · answer #4 · answered by nyy257 2 · 0⤊ 0⤋
Hey, the economy pretty much sucks right now, you are lucky you got a raise.
In the course of my job I met a father of 3 who works at Delta Airlines. He got a 20% CUT in pay this year, all the employees did.
2006-12-30 05:10:48 · answer #5 · answered by Anonymous · 0⤊ 1⤋
If you honestly feel that your compensation adjustment is out of line with your performance and value to your company, you need to take up the issue with your higher-ups.
Showing intitiative and asserting yourself (professionally, mind you) will get you noticed. If you back up your assertions with solid performance, you WILL make more money and have have higher job satisfaction. It might not be immediate, but it will happen.
2006-12-30 05:15:18 · answer #6 · answered by brypri 2 · 0⤊ 0⤋
A cost of living increase is appropriate. 3 - 4%
2006-12-30 05:11:32 · answer #7 · answered by ebush73 5 · 0⤊ 0⤋
Two Percent is actually quite nice, concidering the economy sucks butt... your lucky alot of peopl were i live are getting laid off and CUTS... so congrats on your raise!
2006-12-30 05:16:54 · answer #8 · answered by cooldude4u2no 2 · 0⤊ 0⤋
What do you do for a living...and what did you do that should grant you a higher wage?
2006-12-30 06:35:35 · answer #9 · answered by xtral8 3 · 0⤊ 0⤋
be happy you have a job and a little more pay.
2006-12-30 05:52:11 · answer #10 · answered by sethsdadiam 5 · 1⤊ 0⤋