How much to expect if promoted (Salary increase percentage)?
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Remember the State Street motto
Be grateful you still have a job
You could have been laid off
You could have been outsourced
Do not question Mgmt
Work work work work work work work
But State Street can really give you anything they want for a promotion raise and no longer go by the old guidelines .
Raises based on job promotions can vary from 5% to 10% based on how the Company is doing.
Just be grateful you were able to make a small leap up the job ladder at SST.
Usually promotions are given to the people who Brown Nose the Bosses.
Most jobs have a 3 ranges Minimum Medium and Max. For example if the minimum starting salary was $39,000 and you were making only $35,000. They they would raise you to the minimum starting salary of $39,000.