Received a 3% "raise" from last year which doesn't even come close to the rate of inflation. Anyway, I'm leaving and am receiving a good bump. For the sake of the folks still around and that stock price that everyone cares about, pay better :)
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HR has no say in merit amounts awarded. It is all based on where the CEO and Board decides is best for the stock prices. HR are also getting the same 2-3% raises as everyone else. And everything Fiserv is average. Average pay, benefits, increases. You will find many companies who do more and many who do less. We aren't trying to be the frontrunners in the competitive market.
Hi Frank. Every place that is not the CEO.
Company actually pays well. Tell me where that is not the case.
May not seem like it, but 3% is good. Sucks it doesn’t meet inflation though. We can thank Brandon for that.
Inflation is currently 6%.
So a 3% raise was a 3% cut.
At 3% last year, you got a bigger raise than most people
The premise of your post implies Fiserv cares about retaining workers, which is the opposite of reality.
Not happening. They're doing all they can to keep from cutting more positions. You're lucky if you get to keep your job. If you get 1-3% additional that's just bonus.