Annual Salary Increase

Snow.bros

How much in percentage do you get in your annual increase and what is the acceptable/fair rate should you get?

Does the annual increase come as an incentive or is it a must to get an annual increase?

You are welcome to share your knowledge.

Itrimble

When you get your annual salary increase, make sure that, at the very minimum your "raise" keeps pace with inflation. The average inflation at this time is between 1.7 - 3.4

Mutata

From my experience standard has been cost of living. Anything above that has been pointed out as the company doing well, my performance is exceptional etc.

E Double U

My increase was 5%, not bad

joelsfood

We've been doing infllation only for the last few years, due to concerns with sequestration (the "joys" of working for a defense contractor)

JoJoCal19

I found out my company's annual increases are not less than 3% and no more than 6% if you get a "meets" on your annual review. That's pretty good for where I'm at now in salary.

higherho

I automatically get a 1% raise (used to be 3) for COL purposes (no matter what). We get raises each year till a certain level then its every two / three years.

networker050184

Depends a lot on the company and what kind of financial shape they are in.

RomBUS

Have not gotten a raise since 3 years working here. I think we got a 2% incentive (cost of living) since moving to a different location. A little underappreciated I think

Snow.bros

Say in the company you work for they tell you that your annual increase will be an amount of $1000 and then it gets reduced to $500 for some reason, is this fair enough for you?

Khaos1911

I must have sucked on the job last year because all I got was 2.68. Don't think I've ever had lower than 3%