For a grade 6 engineer with roughly around 110k base salary, what could ve the revised pay? Any ideas?
13 replies (most recent on top)
Thanks to the Democrat/Biden inflation of 2021/22, your pay increment is now ex------t 😆
Anyone above 105% gets a pay cut.
Can't let this get out of control.
https://www.reuters.com/article/us-apple-google-settlement-idUSBREA3N1Y120140424
if a employee is already at 95% compa ratio does it mean no raise for him/her? that would be not fair at all. they said minimum 95% comparatio, so can peeple get 100% comparation ?
@hxl: The data is available to you and your manager. Dig out your last focal letter and check the compa-ratio. Or, read through the FAQ.
2 percent
Salary increases are targeted below inflation rate, which is currently at 6.81%.
At least a 20% increase, probably more, if you know what you are doing and get off your lazy a-s and seek employment elsewhere. Or you can stay put and settle for an easy job and table scraps. It’s up to you.
How can employees get to know their compa ratio? Is the data published anywhere?
Well if your current CR is already at 0.95 or higher then your raise is not very high.. maybe you will get 2.2% or higher depending 🤔 on your manager view of your performance.
Wow this is such a paltry sum.
That means a Grade 6 who is at the high end of the range (say $113k base) would be able toook forward to a 2 to 3% raise?
It's way better to just find another job. They can easily obtain a 20% improvement, for doing the exact same work.
Intel, so disappointing.
Your raise percentage is fairly simple to calculate:
(( 0.95 / current CR) -1) x 100
This will tell you the percentage raise you can expect.
What’s your job title?
Look at your compa ratio. If you are at or above 95% compa ratio, and had an average year your raise would be same as previous years . If you are below the 95% mark then whatever the difference plus an additional 1-2%. Stocks allocation might be a bit higher