What is the raise increase if your meeting expectations in the work place? 10%?

Answer 1

We wish - more like 3 - 4% per annum is a standard merit increase. Merit budgets depend o factors such as the company's compensation philosophy, their industry benchmarks, and internal equity (how much folks working there already make as opposed to what they hire people for.)

Answer 2

I imagine different governments have different standards, but I work for a County, and we get standard 5% increases - I'd love to work for anyone that gave 10% - what's that guy smoking? (Here in California, property taxes don't go up without a vote; so, property taxes are not raised willy-nilly to pay for things like "exorbitant" raises. According to everyone who comes into my office - "I Pay my property taxes! Why aren't you paving my road? Why aren't you doing something about my noisy neighbor next door? Why does that business get special treatment? If I were to solve every problem people thought I had the wherewithall to solve with tax money - we'd need to triple your property taxes; and that might not still be enough!)

Back to the point. When I was in private sector, the amount varied. I negotiated myself a 6.5% raise (on top of a bonus equivalent to the annual raise). And, depending upon the individual, I've seen 2-3%, and I've promoted a guy from hourly to salary which amounted to a 25% raise. It just depends on what you do, how much you make and why you are getting the raise. If it's a standard yearly increase, 2-3% should be your expectation. But, if you just reached a milestone within your industry (such as becoming a licensed engineer) the raise could be substantial.

Remember, it's all relative. To somebody making $5.00/hr, a 10% raise is 50 cents, which only amounts to about $1,000/year if you work full-time. But, to someone making $100,000/year, $1,000 is a 1% raise. It's all relative.

My advice, be realistic. And the fact that you're "meeting expectations" indicates you haven't earned much. "Meeting expectations" relates to someone who is doing just enough to not get fired. You want more? Do more than just "meet expectations".

Answer 3

2-3% cost of living raise for meeting expectations. For anything more, you have to be over and above expectations, and that results in a promotion, not simply a raise.

Now, if you work for the government, you follow a different set of rules. In that case, 10% is about the norm. And, because of that, they raise my property taxes to pay for it, and my personal piddly 2-3% cost of living raise won't cover the increase in the property tax. Can you tell I'm bitter about something??

Answer 4

Most pay raises are between 2 -3%. I wish 10% was the norm.

Answer 5

10% would be more likely for a substantial promotion. 2-3% would be more likely for meeting expectations.