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Annual Salary Increase
Snow.bros
Member Posts: 832 ■■■■□□□□□□
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.
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.
"It's better to try and fail than to fail to try." Unkown
"Everything is energy and that's all there is to it. Match the frequency of the reality you want and you cannot help but get that reality. It can be no other way. This is not philosophy. This is physics." Albert Einstein.
2019 Goals: [ICND1][ICDN2]-CCNA
"Everything is energy and that's all there is to it. Match the frequency of the reality you want and you cannot help but get that reality. It can be no other way. This is not philosophy. This is physics." Albert Einstein.
2019 Goals: [ICND1][ICDN2]-CCNA
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Itrimble
Member Posts: 221
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 - 3.4Goals for 2015 : Finish BS Network Administration at WGU
Become CCNA, CISSP, CEH, VCP5-10 Certified
Possible Start Masters in Information Security -
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Mutata
Member Posts: 176
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. -
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E Double U
Member Posts: 2,231 ■■■■■■■■■■
My increase was 5%, not bad
Alphabet soup from (ISC)2, ISACA, GIAC, EC-Council, Microsoft, ITIL, Cisco, Scrum, CompTIA, AWS -
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joelsfood
Member Posts: 1,027 ■■■■■■□□□□
We've been doing infllation only for the last few years, due to concerns with sequestration (the "joys" of working for a defense contractor) -
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JoJoCal19
Mod Posts: 2,835 Mod
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.Have: CISSP, CISM, CISA, CRISC, eJPT, GCIA, GSEC, CCSP, CCSK, AWS CSAA, AWS CCP, OCI Foundations Associate, ITIL-F, MS Cyber Security - USF, BSBA - UF, MSISA - WGU
Currently Working On: Python, OSCP Prep
Next Up: OSCP
Studying: Code Academy (Python), Bash Scripting, Virtual Hacking Lab Coursework -
Optionshigherho
Member Posts: 882
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.
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networker050184
Mod Posts: 11,962 Mod
Depends a lot on the company and what kind of financial shape they are in.An expert is a man who has made all the mistakes which can be made. -
OptionsRomBUS
Member Posts: 699 ■■■■□□□□□□
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
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OptionsSnow.bros
Member Posts: 832 ■■■■□□□□□□
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?"It's better to try and fail than to fail to try." Unkown
"Everything is energy and that's all there is to it. Match the frequency of the reality you want and you cannot help but get that reality. It can be no other way. This is not philosophy. This is physics." Albert Einstein.
2019 Goals: [ICND1][ICDN2]-CCNA -
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Khaos1911
Member Posts: 366
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%
