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I was told that I will be eligible for a double-digit pay raise but am not sure what that equates to?

If I make $35,000 a year (which is about 16.80 an hour) what would a double digit raise be? Is it an additional at least $10 an hour? Or is it an additional at least 10K a year raise?

I am confused!

2007-05-31 03:03:18 · 3 answers · asked by mememe 2 in Business & Finance Personal Finance

3 answers

"Double digit" generally refers to a percentage of wage increase. In order to be double digit, the raise should be 10% (two digits) or more.

2007-05-31 03:25:15 · answer #1 · answered by acermill 7 · 0 0

double digit usually means you will receive a raise of 10% or more of your salary

so if you make $35,000 now and receive a 10% raise you will receive an additional $3,500 next year for a annual salary of $38,500.

2007-05-31 10:29:40 · answer #2 · answered by Shelby G 1 · 0 0

Most places it means 10% or more. Probably a $1.75 an hr or so

2007-05-31 10:07:11 · answer #3 · answered by wizjp 7 · 0 0

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