What are the raises in 2021 2022?
12 replies (most recent on top)
- 95%😕
If it's anything at all resembling prior increase policies, then individual department managers will get an Increase Allocation of x amount of points - each point is a percent - and those will be spread across that entire department. There's usually a hard cap of 3% also. Ideally every team will get 3 points per team member - team of 5 people would get 15 points to spread. In prior years, most of the managers I know were given an allocation of perhaps 80% of the points required to get every team member to 3%, so either a team member got screwed or everyone got 2% instead of 3%. Inter-departmental transfers - like a move to a new BU or a different role within the same BU used to have a hard cap of 12% increase, even if the new role was significantly higher in base pay - which means there was not really a big incentive to find new roles elsewhere within the company. Anyone getting more than 3% is either mid- or upper-management or took a promotion along with it.
PB rewards the ones who keep their knees on the "grind stone". SVP of what now?
To Post ID: @4xbd+1eG6bpYa: Good for you! Was there a promotion mixed in with that? Just curious.
11% for me
Raises are there. Your immediate manger dishes the amount to their friends or those that intimidate them due to their total lack of knowledge and incompetence. If you review the absolute horrendous performance of RD divisions., All services employees/leadership. Zero monies should be directed there. Unfortunately support is under valued and will get the "please sir may I have another portion" initial allocation. Quit is all I can tell you.
I got 3 %. 3 years ago they didn’t honour my 8 grand raise and promo. Last year zero percent raise and they stared paying raise but didn’t pay back money.
This year less than inflation. No wonder attrition is out of control. Cut off the head of the snake aka Mr.Black and Poulton and their merry band of fools. All they do is reorg for better alignment and ignore attrition. Their sharing plan is a joke.
according to Blomberg average is about 4%. Would be nice to know what people are getting this year. thanks.
They do not share overall range so hard to know. And those that got promotions obviously got larger increases, but does not appear they did any overall across the board COL increases or overall salary adjustments.
What percentage?
Raise does not even cover the increase in dental and medical premiums my family is incurring this year.
It’s a one year membership in “The Jelly of the Month Club”
The rift that keeps on giving all year round