New hire in Phoenix and joined for experience after college. Honest question here: what's the best time to ask for a raise? Does promotion happen yearly bi yearly??
28 replies (most recent on top)
A raise is nice, but what you really need is job security. Being new to the workforce this may seem like foreign thinking, stay with HON 5 years and it will make perfect sense. If you can’t have job security by ‘staying’ with HON, go get your raise with a company that values your work.
😂😂😂
There are midyear reviews (late summer). 99.9999% of the time there is no promotion or merit increase or any other kind of increase. But it is a good time for your manager to tell you how close you are to the elbow and a pip. Then there is the actual annual review in the spring. There may be a small 1.5% to 2.5% merit increase at that time. You may or may not get to keep it. You may also have to give it back by way of a furlough. There will not be anything like an equitable adjustment to your pay. This is also when you either get put on a pip or not.
As for asking for a raise, the best time to ask for a raise is don't bother.
As for a promotion, you are not going to get one.
Raise? You wanna raise, go play poker.
Else STFU. This is Moneyhell. This ain't no social club.
Abandon hope, all ye who enter here.
Promotion happens when you leave HON for another job because your manager will not have the authority to give you a raise or will flat out refuse and be mad that you even asked for one.
Duuuude. Take 2 years to learn as much as you can, get some contacts, get a real job on your resume and then get the he-l out. Find a company that actually values their employees if one still exists. That’s what all our best young new hires here in CLW do.
Get your vaccination first before asking for your raise…..gotta keep managers safe
ROFL, you a true dum*a$$
You will get a raise when the Mad Dog’s take-a-penny/leave-a-penny tray is full to max capacity, you may only take 1 in March
- 5% is in the budget to kick in on April 1st. If revenue is flat expect unpaid furloughs to claw back 3 - 6 weeks of annual salary (hey you still got a gig). If you go on the 996 schedule you might get promoted in 36 months or are willing to go on assignment to consolidate a North American rooftop to China, India, or Mexico. Expect no repatriation consideration, maybe a lateral move back to a hub for 24 months, then PiP and released.
As soon as possible and don’t forget to ask about extra benefits
After 25 years - 5 raises all within first 10 years and all before 2008. 3-promotions included in the 5 raises. Recommend 2 years up or out strategy. “Up” meaning at least a 10% raise or upward promotion every two years of leave and find a new employer.
Seriously? Crumb time comes once a year after exec stock options, big fancy meetings by the board, elbow establishment, STRAP etc. If they fear you leaving you may get 2%.
If you ask for a raise mid year they will think you need mental health services.
I feel like this is a troll post just feeding the flames
They don't hand things out around here. They make you jump through hoops and then still don't give you anything. Applied 8 times for a promotion and didn't get it. Bid out once, seemingly got blocked and was "selected" for the consolation prize promotion I had been denied for over the last year. But they brought people in from other areas at a higher level with less experience and time on the job.
You don't ask for a raise. You apply to another position offering a promotion.
Your manager is contacted and if they want to keep you, they typically will give you a raise or promotion to stay. If they don't, then they don't care about you long term.
As for automatic promotions, that is not the case. They will not offer promotions unless attrition from the group goes up.
A word of advice from someone with more experience but not a part of the 'old timer' group. Get out of Honeyhell and the manufacturing sector ASAP. Get into tech or finance. Every US employee that designs, manufactures or sells a non software or non finance product is seen as a cost to be eliminated
I nominate this post for "the most responses in the least amount of time ever, in the history of The Layoff".
Surely you jest. My lord, do you have some learning to do. Welcome to the Hunger Games. You’re worries will be concerning survival, not raises. Avg Raise = 2.5%. Just enough to be insulting.
You will get promoted in 2 years if you are good and the economy is okay.
Ignore these angry old people.
You are ki----g me Smalls!!
You can ask for a raise all you want. But, you won't get one. And don't even think about a promotion in the first 3 years unless you're part of the good ol' boy network or a golden child. Honeywell is not interested in you for anything but being another cog in the wheel of the management bonus long con.
This is a joke right? a raise at Honeywell?
Ask for that raise right now! Come prepared on why you deserve an increase and back it up with market data. Don’t listen to the nay sayers! Scared money don’t make no money!
Best time to ask for a raise is the day you hand a resignation letter to your boss.
Sorry to burst your bubble, one does not dare ask for a raise at HON and unless you are a member of the diversity group du jour, you are unlikely to see a promotion before 18 months.
But here's an honest question for you: what have you accomplished so far that puts you ahead of your fully trained and experienced coworkers who have only seen meager raises and raise clawbacks in the past few years?
Oh you poor soul. Realistically you might want to lower your expectations.
Sorry to tell you that you don't ask for a raise. You can but you'll probably be disappointed with the answer.
You want a raise. They probably put you on performance improvement program. (P.I.P.) Because you ask them for a raise, or worse. Reduction in force. (R.I.F.)
Ha. Ha. Ha.
Obviously you don’t know this company.