I finally got my raise today. I have been promised this raise since May. However, since that time, my manager kept making excuses and delays to telling me the magic dollar amount. I kind of have a finite period of time that I plan to stay at this job, and so obviously the more time that passed, the more money I was losing. Well, today, I got on the phone with my manager in San Francisco and officially received my raise. He informed me that my salary would increase by......a whopping 3.6%. THAT is what I have been waiting for!?!? That's not a raise. That's a cost of living adjustment. I feel like I'm being taken advantage of. I know some of my counterparts in San Francisco make more than me. Now I know San Francisco is an expensive city, but New York still has a higher cost of living. I'm just so supremely annoyed. I've been working hard, and my manager told me this pay increase was supposed to reward me for merit. And to add injury to insult, this so-called raised isn't even retroactive to my one year anniversary, which occurred in May 2006. I thought a great burden would be lifted off my shoulders after my call with my manager, and the waiting period would be over. But now I have the bigger burden of going back on the job hunt.
I'll probably try to negotiate a bit too at my current job and see what I can get. Wow. My first salary negotiation. Go me. I'm growing up.
Wednesday, August 09, 2006
You Call That A Raise?
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7 comments:
Wow, 3.6%... sometimes I wonder why companies even bother giving you any kind of compliment. Especially when the raise is well not so much a raise. I was just recently in that boat and I fought, yes fought, for 10%.
You might also be able to get it awarded retroactively to whenever they said they'd give it to you the first time...
My last company had a schedule involving annual reviews in November and December, and raises awarded in January. Of course, we never got around to having the reviews until spring, but when I did get the raise, I got back pay from January.
Of course now I'm making about fifteen percent less than I did at that job...
Yeah. 3% for us is cost of living increase. Merit is usually 7-10% ... depends on their mood.
Make sure when you negotiate, do it in writing :)
GOODLUCK!!!
Boo. That sucks. Definitely negotiate. And look elsewhere.
good luck. but maybe they also expected you to negotiate.
i was given 3% last week. since inflation in the metro area is running around 5% now, i told them to take it back and give it someone else -- since i found less than cost-of-living insulting given that my performance review was good.
someone i trust rolled his eyes and told me if i insisted on doing that i would be asking to be terminated. i recanted.
It's pretty expensive to live in Boston too, and my company doesn't give cost of living raises. And our maximum merit raise is limited to 4%. Total crap.
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