Hearing some at my site may have got up to 20% wtf!!
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Fake past
Got my merit increase yesterday . 1.56%. I am in the 5 block
Told HR made our managers move lots of block 5s to block 6 to save money.
Band 4 is either a manager or a higher level individual contributor such as Principal Engineer or higher. Once Band 4 you are also eligible for the annual Management Incentive Plan (MIP).
What is difference between band 3 and 4?
Is band 4 mean managerial post?
@LXIcSHL-yxm Promotions can be that high, especially when moving up bands. I was a band 3, moved into a band 4, and I got a 59% raise. It's rare, but it happens. Then I moved far, far away from Honeywell.
From what I've seen 1.5% was the number at a block 5 rating. I've seen a couple of 10%+
trollololo lo lo lo....
Raises are capped at 15%. You wouldn't get 15% unless it was some combination of a promotion, merit, or adjustment (too far out of market range)
16.4% average for my team.
I thought the average would be 2.5%
just go with the flow and nod your head. enjoy the show.
I know at least one 1-block that got a 5% raise...
I got a 1.2% increase. 1st increase in 3 years.
20% for sure - went from 0.5% to 0.6% !
Who is coming up with those ridiculous rumors? Even promotions aren't that high.
Where's the decimal behind the 2 then I'd believe it,
What site?