Anyone know when we can expect to hear about our annual raises? I thought they typically go into affect on April 1.
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Heard that they are not doing the compa ratio adjustment anymore for „met expectations“ or below. We’d need the highest rating for a cr adjustment.
- 6%…but here’s an interesting nugget…if you take into account the loss of the Everyday Wins points (converting them into their upper end “cash value” of approx. $0.20 per point, the raise was really about 2.1-2.2%…doesn’t even cover inflation…but at least I’m still employed…for now!
Anyone hear any info or excuses on why the compa-ratio adjustment is paused this year?
Confirmed.. 2.7%
Same here
I know of two people who have gotten 2.7% as of today, 18-March
Where are you guys seeing the 2.7?
- 7%
- 7 % for the peasants
Do we have actual confirmation of anything or is it all still speculation?
Does anyone know the actual raise percentage this year?
Looks like Mr. Minnesota Nasty (BB) has decided one load of bread per worker peasant family per week is too much. Half a loaf will have to do with these meritless raises. And St. Peter will probably get a cool 10 million in severance. Thank goodness I'm retired.
0% compa-ratio adjustments for everyone this year! ~2.7% market adjustment
Why not punish the underpaid employees? Thanks Bill!
According to the salary range finder docs, 2025 salaries are going up 2.25%
So I'd expect a paltry 1.5% for the average raise.
That's a lie -- when AIP is up like it was for our most recent payout, the following annual raise is almost always the full 3%.
Complain all you want that 3% doesn't match inflation and so it's not an effective cost of living adjustment, but don't lie about it being 0% this year.
A HR slide showed a pause on increases this year if you’re between 90% and 100% mrp. Only get a raise if you’re below 90%.
Raises will be 3% again.
If you are below 95% mrp you’ll get a couple % bump to get you closer to 100% plus the standard raise.
Scales moved again this year. That means raises won’t be 0.
Be ready for a zero percent merit increase. They may even decrease the market reference point.
@g3, no.
Raises, layoffs, promotions, etc, are not and have not been based on performance.
I'll work harder when they pay me more. Until they do, this is the deal we struck when they hired me, and I'm not about to sweeten the pot unilaterally.
Apparently notifications are to come out next week
Be so good they can’t ignore you.
3rd week in March the raise documentation is typically ready and passed out. Effective 4/1.
If BB is Minnesota Nice, probably 3 percent. That's what would be nice. But BB is Minnesota Nasty so likely 2.5 if you are lucky and most likely 2 percent. Remember he wants thousands of people to leave in disgust so he can save severance.
He does not want any spins to have to do what Bryan did at SOLV to please activist investor Nelson Peltz by slashing 10 to 15 percent MORE after spin just to please a billionaire.