Mine was 11% very early in my career, so numbers were low even though the % was fairly big.
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I got 30% more when I left WFC and another 40% on top of that when I rejoined a year later with a much better resume and skill set from working in a functional company. It pays to be disloyal
@e0 yeah that tracks with our team and a spreadsheet that accidentally got shared. Prob for my boss is three of us do the most and are among the least paid and we’re gonna start dropping things to focus on our job search
20% about 10 years ago
My manager once sent me my annual increase (of less than 1%) via email, however, they forgot to delete the rest of their employees salaries from the report. They tried recalling the email, but too late, I saw what everyone on the team made and its eye opening there was as much as a 25% spread between the lowest/highest paid. Even more shocking is that the employee who everyone knows did the least amount of work got paid the most.
25% a couple years ago
Nothing of significance in the last 8 years. Even with large promotions, HR caps what the hiring manager can offer. It's always been true, but bears repeating, the only way to significantly grow your pay is to leave a company. You'll never keep market parity by moving up or around at WF. New hires coming in off the street will always make more than an internal candidate because they will get market rate offers and you'll get a capped promotional increase.
About 45%. This was in the late 90s in the dot bo-m era. I was making $11.50/hr which annualized to about $24k. I got a new job making $35k.
6 months later our boss brings the whole team in a conference room and says they're giving us all 25% raises because they couldn't find anyone at the rate we were making so they had to hire a guy asking 25% more.
I bought a brand new house and a new truck. I had finally made it after 13 long years of working menial office jobs.
124% - 134k to 300k
i got 20% but in 2000
Same, very early in my career in the early 00’s. Two single biggest were 50% and 64%. $50k to $75k involving an employer change and before that $32k to $50k involving a intra-employer position change.
~19%