Anyone know what the merit increases are this year?
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During a Town Hall last year one person stated that the there would be an inflation increase (2%) on top of you merit increase due to inflation. Therefore, if your raise is not at least 5%,, then the inflation increase was a lie.
I heard 27.4%, but that's only for #1 top performers. #2 and down, get #2
" I was the #1 top performer on my team last year "
BS alarm.
I am sure this is completely fake but would love to know how this alleged "#1 top performer" was made aware that they were the "#1 top performer".
Heard a rumor of 10%
My director let the team know she was told by her VP that raises would be "generous" but she said she had no idea what that meant. Last year was about 5%. Anything over 4% would make me pretty happy.
I was the #1 top performer on my team last year and during my EOY 1-on-1 was advised that there most likely would not be any merit increases this year....
My boss done told us we was gitten 4% - 5%. That there's pertie good money. Every little bit helps in this here economy. I figur I'll git about $8K, that ain't too bad!
Zero.
We is all gonna be rich! I love this place, keep a low profile and the Money keeps growing all year long!
Like getting a raise on the Hindenburg……you folks are funny.
We was told by my manager to expect 4% - 6% . He told me I was gitten 6%, I feel rich, that's $9K additional per year!
Merit is not a cost of living increase, just market labor rates. No employer will provide cost of living increases due to market volatility. Economics 101 people.
“ Allocation was 4.25. After supervisor adjustments, folks will receive somewhere around 4.00%- 4.80%. Very generous of T giving the labor rates where estimating 2.5%-3.00%”
After inflation everyone is taking a 4% pay cut.
Allocation was 4.25. After supervisor adjustments, folks will receive somewhere around 4.00%- 4.80%. Very generous of T giving the labor rates where estimating 2.5%-3.00%
“ Anyone know what the merit increases are this year?”
Layoffs and extreme downsizing abound and this OP wants their -.056% after inflation adjustment….smh
Bargained for employees do not get merit increases, only the annually increase that is negotiated for in the contract.
If your union, check your Contract. For Management, it will very based on rating, as always.