I heard 1-3% raise is below expectation, 4-6% raise is meet and above 7% raise is exceed expectation. How true is this
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I don't know I receive 14%
Nope in the US.
The worst part is it doesn't take effect till July 1st... Exceed here with just under 7% raise, also near the max for grade... Flatten the org already and make ownership clear. We can run much leaner with those 2 pieces in place.
@d8 could not be USA but some other country in Asia
I know, but can’t say, sorry boys and girls
28% with exceeds and promotion. Assume 8% was related to the exceeds.
Oh look, OP has created another Rewards Troll post.
- 1 and exceeds for me too. A bit lower than the last two years.
I don't believe OP ever worked for Intel.
That's what I thought, but I received a 6.1% (exceeds) which put me 3K over my max pay in the Pay Modeler. Grade 57.
USA inflation has always been at least 4% a year so at least 4% raise is required to keep up with inflation every year. These last few years inflation has increased but raises actually went below 4%, which is by definition a paycut.
Exceeds / 7% here. Still plummeted on the compa scale.
Depends on your current pay ratio. If you are below the min, the system will automatically bring it to the min pay then adding the % based on performance. For those meet expectations and got 9%+ raise probably your pay ratio was low.
Got 6.1% with exceeds, heard usual justification of "low budget" from FLM.
In U.S :
Successful - 4 to 5.5%
Exceed Expectations - 6.1 to 6.9%
FE - 7%
If promotions are there in the team for other people, the numbers may do down by approx -1%, consider that as normal.
For other countries, the percent is different.
Well, weird, received 9% raise with meet expectations...
True for me. Got 5%. Manager confirmed that was the for meets expectations.
Not true in my case. Got Exceed expectations and 6.3% raise. You cannot get a raise that pushes you over your current grade level max limit
true for me. meet expectations and got 5%