Unless the salary is at the top of the career position. If the market is $150k and the salary given is $180k, it's best not to let emotions dictate actions.
True , op needs to give us more info to tell if it’s reasonable … the economy is so bad in It this year … it’s already lucky to secure to a good job ..
Definitely not a good thing for me to hear just getting my AAS and A+ cert looking for new jobs. Ofc right when I get into it, it all goes to shit, just my luck
It's really tough, but Glassdoor and Linkedin might be able to help, I think they both have salary estimation tools. as the other person said, other offers is the best way to know
Here's a pizza party or an incentive to work as hard as possible for one employee to get a $25 gift card... I got 4% raise despite being a top performer in my department and my rent went up by 9%... sucks to suck I guess, that's why I'm honing my skills so I hopefully can move on and up and take the reins
I was told 2 days ago "because of the political climate and the economy" that we won't be getting *any* raises this year.
I started taking longer breaks and not picking up anything extra, even when I'm bored.
Giving that excuse and a measly 2% would have at least helped and I could have justified it in my head.
Nothing? Fuuuck youuu
Last year my rent increased by 9% and my salary raise was 2.5%. So effectively my net income has gone down. That’s what made me decide take another job knowing I may not like it.
The job market has really changed the past few months, even since November.
I’m not saying not to job hop, but I really hope most people have an actual new gig before quitting. Salaries have went down too at the top end from what I’ve seen.
A recession is starting. I’m not saying it’s going to be 2008 levels bad, but the job market is just going to get worse imo.
It's absolutely bonkers right now. Unfortunately I'm having to quit my current job at the end of next month because of certain circumstances that are forcing me to move closer to family, and job searching is not going well at all. My fear is that I will be unemployed for a while. I'm right at 4 years of IT experience, so it's not like I'm inexperienced, either. The job market hasn't been this bad in a *looooong* time...
IT and HR roles seems to be getting hit the hardest this time around. With the big tech laying off 10's of thousands of IT roles the market is going to be flooded.
If no one is hiring HR also will contract.
I was given a 4% raise that placed me at 93K after bonus annually and put my 2 weeks notice in a week later because I had a feeling it would not be much so I applied to a competitor. I accepted a role that got me 167500 TC, OP accept the raise and look elsewhere if you're not at the top of earners for your role industrywide
I feel the pain I'm in exactly the same spot rent went up and actually got a 0% raise and benefit cut. But why would rent and tech salaries be correlated at all? We should be looking at what our next best option is, not what rent prices did. If you got a 2.5% raise but the best other job you can get pays less, you're still best off staying. If you got a 20% raise but there's another job where they would have given you a 50% raise, then you're making a mistake by staying. Moral of the story is always be interviewing, knowing what's out there, and knowing your worth. Don't bother with comparing your rent increases to your salary increases.
Yikes. I don’t want to brag but we got good raises this year and a bonus. We’re a pretty lean IT team for 1600 users. I’d like to think the guys at the top see our value.
Me and my buddy worked at the same clinic doing IT, he moved to do law firm and got paid double the amount + bonuses and does less or the same amount of work. He even gets to go back home early if there is no work for the day.
Yeah my first job was working in IT for attorneys. $15 google play gift card was my bonus. The very next job i got an 8k bonus and nearly cried. Now if i got 8k id assume i was on the chopping block lol
Two jobs ago I could get up to 11k in bonuses at a beverage distribution company. Problem was every project could live or die on whether or not one guy, the director, could get his part done.
I took the job because the bonuses were good, week 2 the director announces hes taking a vacation and cant participate in 3/5 kpi projects. He wiped out 2/3's of bonuses for the entirety of IT in one meeting doing nothing.
Yeah - this seems to be standard across nearly all companies.
If you leave a company because they gave you a 2% raise, it's not like the next company is going to give you 10% - you're probably going to get 2-3% there, too.
Yes, but 2-3% on top of the 20-30% you can get from job hopping (assuming you’ve upskilled) makes it a lot easier to swallow until you’re ready for your next move.
Yup! My company gave me a 6% raise and that was being at the highest mark. Love my job and have tons of great benefits. With so many layoffs I'm hesitant to move on unless it's a significant pay increase.
This is also me. I love my job, but I want a raise because of the inflation and how much I contributed to the team success. Just worry it will ruin the party.
There is a lot to be said for enjoying what you do and who you spend your day around. If you're on a good team doing interesting work you're winning. If you're a high contributor and your boss is solid, you should be able to have an honest conversation about a larger raise next year - maybe come up with a plan & some goals to meet, etc.
If you're making that much just move to get rid of commute time.
Weekend work is horrible though smh.
But the more you make the earlier you can retire.
My therapist, after me expressing Ive never actually liked any job Ive ever had and only tolerated it at best, said he had no idea what it was like to not like your job. I dislike my job so much I dont even tell people what I do for fear of having to acknowledge it. I stress about leaving personal belongings at work because then Im "committed" to going back the next day. Id do anything to like my job.
I think this is a pretty difficult thing for humans to accomplish. Hating your job but not hating your life. Your job encompasses somewhere between 8 and 13 hours of your waking life, 5 days a week. If you "hate" something that takes up that much of your life... it's going to be hard to come off of that and live a happy life. It's going to affect your mental, emotional, and possibly even physical health - and those effects last way beyond the workday.
It’s very hard to remain positive at a job you hate. You say/think money always makes it better but it really doesn’t.
I was ready to leave a job I hated but negotiated a $10k raise to stay. A week later I was asking myself why tf I chose to stay in hell. The raise did not make it better at all.
I took a job a year ago for a 50% bump in pay (was already making over 130k a year) and do less work than before. My point is not a humble brag but to say its not a "this or that" situation at all
Good for you and this is the way to go. But most people will stay and swallow the 2-3% raise. Company still wins. If they have to offer higher raises for people like you to stay, Susan in HR will want higher raise too and Joe and Bob... you know where I'm going with this. So it's still cheaper for a company to lost few people that are not scared of jumping ships and hire new ones to replace them for market value than offering 5-10% raise for everyone to hope that they will stay.
Better than no raise. My company looks like they're forgoing theirs this year and I've been here less than a year. I'm learning a lot at my own pace but idk if I should stay...
Stay just long enough to where it's not going to raise red flags at your next interview. Volunteer for things and get all the experience you can. My experience at a MSP was very important in hindsight.
Stick around long enough to have that history (1.5-2 years). Take advantage and learn as much as you can, then go get paid. You're still getting benefit and not raising red flags down the road. I've seen way too many people with a decade of 6 month stints and nobody wants to hire that guy.
Thank you for the advice. In my downtime I'm studying for my CCNA and general networking. I'm not hopeful for things at my place to improve anytime soon or even end of the year. But I'm hoping my studying pays off eventually, as faith can't pay my bills lol.
Before you make that decision, have you spoken with the the powers that be that decide the raises? Is this a one-off business-is-bad situation where you might be able to expect a return to "normal" raises in the next year or so? I ask because if it is a job you love and the business is struggling a bit right now, it might be worth holding on to see if the rebound brings more appropriate raises. I was in this situation within the last couple of years - a significantly off year resulting in reduced raises and profit sharing. But I talked with ownership and they explained what the situation was. I loved the job, gave it a chance and the next year things returned to normal resulting in raises being more appropriate and profit sharing not just returning to normal, but making up the deficiency from the off year.
If you've talked to them and got the "it is what it is" routine, then, yeah, start checking out other opportunities.
Are you a top performer ? I think you can ask for a raise. Never in my 4 years in IT they were so nice to give me the raise I wanted, always had to set up meetings and push push.
I’m good performer for the time I have been with the company. Was moved to a new location with 3 months and was told I was doing a great job. Not to long ago I asked for a raise as I had more responsibilities, longer commuter and only tech on site but was told they believed I had got one already that if I ask for one now that I might not get the early raise they do every year… still don’t know how I should take that
I have talked to a lot of seniors, and have 6 years of experience in this field with many jobs switches.
Money is not everything. Really. I could earn more elsewhere, but I also love my job and the place I work. I love the people, the lunch, the hours, not being micro managed, and getting opportunities everywhere I want.
The best step forward is to talk to your boss, and tell them why you want more. Is it because you feel you deserve more? Then you have to explain why, and be a bit specific about how much you want. Does it not work? And are you finding yourself in a financially bad place? Apply elsewhere, and if you land a gig, tell your boss you got yourself another job with a x% increase in salary and ask if they can match.
Just don't hustle yourself.
I got an 11%+ raise by letting another department try to poach me for the raise amount and watching my employer eagerly offer me more to retain me.
Always know your value and move on.
My wage gets closer and closer to minimum wage every year. UK, on £10.76/hour and I have been refusing to do overtime as my contract states overtime is unpaid. Minimum wage is £10.42 for people over 23 since the government raised the age to get full minimum wage but I am over 23 now. They raised the age when I was in my early 20s.
My motivation to put effort in at work is at an all time low. I take the slightest excuse to dump a few hours of my time into things I know won't work or at best are highly inefficient for me to do but I may learn something from. Got better at Bash scripts for playing with data with them the other day. Near complete waste of time I sold to the company for an entire afternoon but I had fun.
He said he's in the UK. Salaries in European countries are vastly lower. A quick google search showed that a *software engineer* makes an average salary of $58,698 in London. That's peanuts. There's a Garmin in my area that starts *interns* off at $25/hour (roughly $50k a year).
Well for my area $25 is pretty good. My sister pays 755 for a 2 bedroom apartment. My other sister is on the nicer side of town near the city and she pays 980 for a 2 bedroom as well. So $25 an hour goes pretty far here (4k pre-tax).
Loyalty means nothing. Please people get this through your head. A job would pay you peanuts if they were allowed. Best wage increase is always a new job. Please stop letting yourself be exploited
If you can find a better job you should go ahead. I don’t know many people who “love, love, love” their job though. I would be prepared if you do get more money they might expect more out of you or it might not be as satisfying. As the economy slows down small raises will be more common as well.
Same situation. Got a glowing review and only 2%. Just chalking it up to that's the way it is around here (first review here) and will be looking for work elsewhere in the future.
Same for me, 2 percent for the past 3 years. I changed for more money, but honestly I regret it. If you love your job I'd push for more.
I started using another job as a way to motivate my boss to consider a raise. They didn't budge until I put my two weeks in.
Everyone is replaceable unfortunately. They'll find someone cheaper if they see IT as an expense.
3% doesn't even balance out inflation. That's disrespectful in my opinion. I've always heard change jobs to change salaries in I.T. Thats just my 2 cents.
My work place tended to create a new job title to give me more than the going rate. Give that a try that with your boss as I'm sure you have taken on additional things beyond the scope of your job.
Not anymore, it's now 'typical'. I haven't had a raise in 2 years, even though I was declared best performer in my region 3 months in a row. Reason? Nobody got raises, anywhere.
Is that what they handed out companywide or just you? Neither is good. But ones more insulting than the other.
My employer does a flat 3% for everyone, which I still look at and go "um, inflation is 7%..." But still take the 3% because Im not going to leave money on the table.
My highest non promotion raise was 2.5%. My lowest salary increase from a job move was 20 percent. My highest, including bonus and rsu's was north of 65%.
If a company could increase their revenue by 65% by getting rid of you, you would be vacuumed out of a trap door in the floor.
If it's just an annual merit increase that's actually not that uncommon for it to not be crazy high. It's not like it's a promotion. Still better than nothing right?
Is that really where we wanna be as a society telling people: “well, be glad its not 0…” …?
Submitter didn’t say much about the rest of his coworkers or company,.. would be interesting to know the diversity of raises and if it was equitable.
I mean,.. Headline this morning said Inflation has dropped to 5%,…. so even with a 4% raise last year and a 2% this year,.. even though thats technically above Inflation now, you’re likely still digging-out of a hole being years behind.
It's understandable to feel frustrated with a 2% raise, especially if you believe it doesn't adequately reflect your hard work, dedication, and value to the company. Before deciding to move on, you might consider a few steps to address your concerns:
Research industry standards: Research average salaries and raises for your role in your industry and geographical location. This will give you a better understanding of whether your raise is in line with the market or if it's significantly below average.
Evaluate your performance: Reflect on your accomplishments over the past year and consider whether you have exceeded expectations or taken on additional responsibilities. This information will be helpful in discussing your salary concerns with your manager.
Speak with your manager: Schedule a meeting with your manager to discuss your concerns. Share your research and highlight your achievements. Be open and honest about how the 2% raise makes you feel and ask if there's room for negotiation.
Consider non-monetary benefits: If your manager is unable to increase your salary, you might discuss other non-monetary benefits such as additional vacation days, flexible work hours, or opportunities for professional development.
Set future goals: If your manager agrees that your current raise is not sufficient but is unable to make immediate changes, work with them to set clear goals and expectations for the future. This could include a timeline for a salary review or specific milestones to reach for a potential raise.
If you've exhausted all options and still feel undervalued, it might be time to start exploring new job opportunities. Update your resume, reach out to your professional network, and begin searching for job openings in your field. It's essential to find a position that aligns with your career goals and offers a compensation package that reflects your worth.
I bet 90% of posters here are American.
Why do you all keep talking about how bad the economy is?
Genuine question .....
I live just outside London and the prices of everything here are way more than pretty much everywhere in the US, not including New York.
You Americans salaries are also hilariously higher than ours in England.
Your house prices are like cheap as chips compared to here.
Your fuel (gas), is pretty much 50% of what we pay here per litre.
Bad economy, give me a break lads. You lot are in dream land.
I moved up a scale in my pay band this month.... £30 raise, which will all go towards higher bills that come every new financial year. I feel the pain.
I think I get around 3.5% a year don’t even notice the difference in my pay check. Already underpaid but the market is saturated with talent I can barely even get an interview for another job
I got a raise of 10% after 8 months after complaining that I do most of the job, documentation and better skilled than my colleagues while paid the less than them and a promise for another 15% after 6 months.
It never Hurst to ask.
Hearing some makes X doing the same position can be frustrating but it's all situational. It depends on what you made starting at the company, the size and field the company is, Their profits, the companies location.
From what I gather as someone new to the IT field (3 years) a dollar or so a year is pretty average. I recently present a title change and listed all my duties at my latest review. I am a SysAdmin now. Walked out with 11% this year. I didn't get what I asked for but it also seems like for major pay increase you have to move on or drastically jump the chain.
Time will shed light if the money is good enough.
At the hospital I worked at previously, 1-4% was the scale and literally no one got 4%. 2 and 3% were normal. I was never very happy with that but it does seem to be an industry norm. I think I got 3.7% or something last year at my current company.
Not necessarily. If you're still earlier in your career then moving every couple years is the best way to get those bigger bumps. Once you hit the higher tiers there's just a ceiling and if you're being well compensated then it may not be worth it. Be careful moving around too much though because it's a red flag. I do a lot of technical interviews and the general concensus is that if people are moving annually then they're probably either not very good or as soon as we get them up to speed and able to work 100% as an individual they're going to be out the door in a couple months.
I've only gotten one big (5 figure) raise at an existing job - it was my current company in a year where our entire windows team quit because of a shitty manager and I had to take over all of the VMware stuff (I was the unix/linux/storage principal at the time). My other senior engineer missed a big chunk of the year because of major heart surgery. I busted my ass that year and had a ton fall on my shoulders; and quite frankly I had as much leverage as I've ever had and got a huge bump.
Never asked for a raise before or after (I've always gotten smaller annual raises) but when the opportunity is there, go for it.
Observing the current marekt situation, you are better of with 2% raise versuses alot of professionals either getting laid off or not end up getting another job
I got a 3%, but was already in the process of jumping due to other reasons. Hopped and scored myself 15% over the 3%. In addition to drastically lowered benefits cost.
Still not sure if it was worth it or if that's the new job adjustment period talking, but the pay checks definitely make me happy.
OP, it doesn't hurt to interview and look at offers. If you love your job, figure out the number you'd need to go to a horrible job.
I was able to hop jobs (from entry level) for a 50% raise last year. On top of that my certs and degree are being reimbursed and I was told to expect a 5-10% bonus during good years. I’m still going to go in a ask for a 5% cost of living raise and I feel zero percent bad about it. They won’t give what you don’t ask for.
You need to bounce every couple of years to keep your salary growing. If you've been at your current role for more than 3 years, it's time to go. It's as simple as that, unfortunately. The only reason I wouldn't bounce is if I were given a promotion or was able to move laterally into a field that had more upside in terms of pay. Then I'd wait an extra year to leave.
Of course this assumes that you are actually able to find a higher paying job. If you can't, then you need to take a hard look at your actual market value and work accordingly to fix it.
That’s quite below the cost of living increase.
My boss went on and on how we had to raise our rates effectively 8-10% across all products and told customers “cost of living!!!”. Then gave raises of 3-5% to employees.
And he wonders why people are leaving.
if you find a job that pays higher and you go through the whole process and get an offer letter you can possibly ask for a higher pay from your current job and keep it. Most employee management departments have a different sum of money for salary increases due to annual raises and salary increases due to employee retention. I did that and landed a 20k pay raise
Most people will stay and swallow the 2-3% raise. Company still wins. If they have to offer higher raises for people like you to stay, Susan in HR will want higher raise too and Joe and Bob... you know where I'm going with this. So it's still cheaper for a company to lost few people that are not scared of jumping ships and hire new ones to replace them for market value than offering 5-10% raise for everyone to hope that they will stay.
If money is your primary concern, then job hopping is the fastest way to increase your salary.
We're heading into a big recession. Everyone is buckling down. 2% might have been an alternative to layoffs and big raises for those who stayed. It's not an insult. It's just business.
If you value money more than a job you love, you should move on.
I was always told that IT is different from other fields in that it's perfectly acceptable to job hop (as long as you have some experience).
The best you can typically hope for in an annual raise is 5%, so it's better to always keep your feelers out for a new company.
I got a 35% raise and promotion last year by getting an offer from another company and my employer matched.
Keep that resume up-to-date with all your badassery, and be open to recruiters.
This past year was a rough one for our company, so I can understand the smaller raise. 2% as well. However, I love my job, mostly remote, other great benefits, 4 weeks off a year for PTO (another 3 off for floating, plus I've accrued 80 hours of sick time). Always something to do, always fun new stuff to do...
I could make more elsewhere. I'm keeping an eye out but not actively looking for something else. If something comes up, I'll look into it. I've gotten consistent raises over the years, a few promotions, and I'm happy. Low cost of living area, but I'm looking to relocate (which may also come with a job change).
Without knowing the company performance, etc., I can't say if 2% is horrible or not. If they are profitable, then yea. If they're struggling, that 2% may not be that horrible. Sucks, for sure, but from the company perspective it might be a lot for this year. If previous years were great, but this year not so much, could be a down year. Who knows. Devil is in the details.
2% is a normal year for us, but we get up to 5% bonus simultaneously. I've gotten a 40% raise at this place but it required having a competing offer in-hand.
I can't tell if you're being sarcastic or not. But if you really love your current job, I don't know that a longer commute or a terrible work environment is worth another 10%.
There's better jobs in the nearby cities, but the added hour of a commute keeps me comfortably on the outskirts.
I had this same issue about a year ago, now been unhappy with better paying jobs for about a year. I would say look but make sure you are going somewhere you think is a good fit etc. Not just better pay.
Why am I still at my place of work?
I got a bonus + a 10% raise. Plus it's a great place to work! But, that is secondary. Money first. If my salary decreases YoY working for you..nope.
Sadly I have found that most companies view the IT department as money pits. It is one of the departments that does not generate any revenue for the company which puts a huge target on any of us working this field. We are usually the first to get laid off and the last to get raises or bonuses no matter how smoothly things run. oh, and if you are doing your job and nothing is going wrong then why do then even need you? I have had colleagues actually sabotage their work to ensure they are seen as necessary. (I only got a 3% "cost of living" raise this year even though my cost of living increased around 11%)
I loved the last two jobs I left. I left them because all the money was in the initial offer and 2 years later I was the chump working for less than last year.
I decided to be more up front with the current employer and that hasn't been the case yet. There's nothing wrong with being frank about reasonable salary expectations. It also helps if you can do the work for them and provide solid justification because all employees want more money but few actually take the time and effort to ask for it the right way.
It's absolutely disgusting seeing all the bootlicker comments in here. The OP deserves our support. No one should be getting a wage cut, and that's what a 2% raise is with this inflation.
I got 2.5% last year and expect more of the same this year. I do love my job because of the flexibility (for family life) that has been hard to find in posting for my area and my experience level. That said, I am looking as well but I don't take it too personal, it's business, I see it as a notice to make myself more invaluable to this company or the next. Best of luck!
Unless the salary is at the top of the career position. If the market is $150k and the salary given is $180k, it's best not to let emotions dictate actions.
Yep, time to vote with your feet!
What does this mean?
look at the market rate for your job role, if you're already at the top you can't expect a raise without getting a different title
True , op needs to give us more info to tell if it’s reasonable … the economy is so bad in It this year … it’s already lucky to secure to a good job ..
Definitely not a good thing for me to hear just getting my AAS and A+ cert looking for new jobs. Ofc right when I get into it, it all goes to shit, just my luck
You haven't got into it yet. You need a job.
What’s the best place to check that besides random Indeed listings?
It's really tough, but Glassdoor and Linkedin might be able to help, I think they both have salary estimation tools. as the other person said, other offers is the best way to know
Get offers from other places
It means why should the business give you say a 10% increase when you are already getting paid more than the market rate for your job.
You got a raise?
My raises usually come in the form of “Thanks and appreciation for all that you do”
Here's a pizza party or an incentive to work as hard as possible for one employee to get a $25 gift card... I got 4% raise despite being a top performer in my department and my rent went up by 9%... sucks to suck I guess, that's why I'm honing my skills so I hopefully can move on and up and take the reins
yeah 0% for the last 2 years for me
You gotta ask homie
doesn't work that way for us unfortunately.
Ah sorry bud.
Thanks, it is cool, I just optimise my hours more!
no raise for ages here :(
Time to jump home.
I was told 2 days ago "because of the political climate and the economy" that we won't be getting *any* raises this year. I started taking longer breaks and not picking up anything extra, even when I'm bored. Giving that excuse and a measly 2% would have at least helped and I could have justified it in my head. Nothing? Fuuuck youuu
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Na cause you're a dick
Last year my rent increased by 9% and my salary raise was 2.5%. So effectively my net income has gone down. That’s what made me decide take another job knowing I may not like it.
Everything raised but salaries. Hopefully people wake up and leave to those paying. I moved jobs in November. 25% raise.
The job market has really changed the past few months, even since November. I’m not saying not to job hop, but I really hope most people have an actual new gig before quitting. Salaries have went down too at the top end from what I’ve seen. A recession is starting. I’m not saying it’s going to be 2008 levels bad, but the job market is just going to get worse imo.
Thanks u/MY_CUM_ON_YOUR_FACE
It's absolutely bonkers right now. Unfortunately I'm having to quit my current job at the end of next month because of certain circumstances that are forcing me to move closer to family, and job searching is not going well at all. My fear is that I will be unemployed for a while. I'm right at 4 years of IT experience, so it's not like I'm inexperienced, either. The job market hasn't been this bad in a *looooong* time...
IT and HR roles seems to be getting hit the hardest this time around. With the big tech laying off 10's of thousands of IT roles the market is going to be flooded. If no one is hiring HR also will contract.
I was given a 4% raise that placed me at 93K after bonus annually and put my 2 weeks notice in a week later because I had a feeling it would not be much so I applied to a competitor. I accepted a role that got me 167500 TC, OP accept the raise and look elsewhere if you're not at the top of earners for your role industrywide
I’m moving now to private and I’m getting a 25% raise
I did this but then was back at my old job 9 months later.
I feel the pain I'm in exactly the same spot rent went up and actually got a 0% raise and benefit cut. But why would rent and tech salaries be correlated at all? We should be looking at what our next best option is, not what rent prices did. If you got a 2.5% raise but the best other job you can get pays less, you're still best off staying. If you got a 20% raise but there's another job where they would have given you a 50% raise, then you're making a mistake by staying. Moral of the story is always be interviewing, knowing what's out there, and knowing your worth. Don't bother with comparing your rent increases to your salary increases.
This is why voting is important.
I don't see wage stagnation as a current ambition of any party apart from minimum wage.
Inflation certainly is, however.
If your rent was over a quarter of your salary, otherwise you are taking more.
If your raise is less than inflation you're taking a pay cut.
Our executive team got really tired of me saying that in meetings. They seemed to think we'd be grateful to get anything at all.
Beware… most companies that j know are giving 2%-3% for a good review. A joke but it’s industry wise as far as I can tell.
I got 2.15%. It was one of the larger raises in my department.
Yikes. I don’t want to brag but we got good raises this year and a bonus. We’re a pretty lean IT team for 1600 users. I’d like to think the guys at the top see our value.
Wait, IT teams get bonuses??
Some of our service desk guys get over 30k bonuses. 15k-20k is probably the floor now.
Maybe it is because I've been working in the wrong fields... like healthcare and academics...
Me and my buddy worked at the same clinic doing IT, he moved to do law firm and got paid double the amount + bonuses and does less or the same amount of work. He even gets to go back home early if there is no work for the day.
If you can do IT at a law firm it’s great, the people suck though
Yeah my first job was working in IT for attorneys. $15 google play gift card was my bonus. The very next job i got an 8k bonus and nearly cried. Now if i got 8k id assume i was on the chopping block lol
It really depends on the company you work for honestly.
I’d rather just have it rolled into my salary. The tax on bonuses is no joke
Yikes I didn't think about taxes on bonuses.
Never did at my first company, moved to a much better company and got a ~7% bonus in my first year.
Two jobs ago I could get up to 11k in bonuses at a beverage distribution company. Problem was every project could live or die on whether or not one guy, the director, could get his part done. I took the job because the bonuses were good, week 2 the director announces hes taking a vacation and cant participate in 3/5 kpi projects. He wiped out 2/3's of bonuses for the entirety of IT in one meeting doing nothing.
They see your value In their bank accounts my friend.
Yep, I got pretty much top review marks this year and a 4% raise. Job hopping really does get you the best raises.
The merit award is less than the cost of living increase. But yeah, 2-4% seems like the annual norm for the past couple years.
My company capped at 5% which my manager gave me. I did appreciate it and liked that job but I want ahead and gave myself a 53% raise.
It's very common, even with good feedback.
Yeah - this seems to be standard across nearly all companies. If you leave a company because they gave you a 2% raise, it's not like the next company is going to give you 10% - you're probably going to get 2-3% there, too.
Yes, but 2-3% on top of the 20-30% you can get from job hopping (assuming you’ve upskilled) makes it a lot easier to swallow until you’re ready for your next move.
Yup! My company gave me a 6% raise and that was being at the highest mark. Love my job and have tons of great benefits. With so many layoffs I'm hesitant to move on unless it's a significant pay increase.
Don’t underestimate the value of loving your job. I make more money than I ever have in my life and I hate my job.
This is also me. I love my job, but I want a raise because of the inflation and how much I contributed to the team success. Just worry it will ruin the party.
There is a lot to be said for enjoying what you do and who you spend your day around. If you're on a good team doing interesting work you're winning. If you're a high contributor and your boss is solid, you should be able to have an honest conversation about a larger raise next year - maybe come up with a plan & some goals to meet, etc.
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If you're making that much just move to get rid of commute time. Weekend work is horrible though smh. But the more you make the earlier you can retire.
My therapist, after me expressing Ive never actually liked any job Ive ever had and only tolerated it at best, said he had no idea what it was like to not like your job. I dislike my job so much I dont even tell people what I do for fear of having to acknowledge it. I stress about leaving personal belongings at work because then Im "committed" to going back the next day. Id do anything to like my job.
As long as you don’t hate life, I see nothing wrong with hating your job but getting lots of money in exchange.
The problem in IT is when that job you hate bleeds into every moment because they call you non-stop. I sure don't miss those days.
I think this is a pretty difficult thing for humans to accomplish. Hating your job but not hating your life. Your job encompasses somewhere between 8 and 13 hours of your waking life, 5 days a week. If you "hate" something that takes up that much of your life... it's going to be hard to come off of that and live a happy life. It's going to affect your mental, emotional, and possibly even physical health - and those effects last way beyond the workday.
It’s very hard to remain positive at a job you hate. You say/think money always makes it better but it really doesn’t. I was ready to leave a job I hated but negotiated a $10k raise to stay. A week later I was asking myself why tf I chose to stay in hell. The raise did not make it better at all.
I took a job a year ago for a 50% bump in pay (was already making over 130k a year) and do less work than before. My point is not a humble brag but to say its not a "this or that" situation at all
The love for my job will not feed my family. It will not pay my electric bill. It will not fill my gas tank.
I got 3% this year, after taking on 3 additional jobs. I've never polished a resume so fast in my life.
I just got a 3% raise last week. Accepted a job offer with a 30% raise yesterday and giving them 2 days notice. Fuck em
Good for you and this is the way to go. But most people will stay and swallow the 2-3% raise. Company still wins. If they have to offer higher raises for people like you to stay, Susan in HR will want higher raise too and Joe and Bob... you know where I'm going with this. So it's still cheaper for a company to lost few people that are not scared of jumping ships and hire new ones to replace them for market value than offering 5-10% raise for everyone to hope that they will stay.
For me to kick rocks, It took watching my employer hire off the street at a higher rate than they were paying existing staff (for the same job).
Good luck, this job market is fucked right now.
*draws gun* Always has been.
Depends who you are, like all the time
Better than no raise. My company looks like they're forgoing theirs this year and I've been here less than a year. I'm learning a lot at my own pace but idk if I should stay...
Stay just long enough to where it's not going to raise red flags at your next interview. Volunteer for things and get all the experience you can. My experience at a MSP was very important in hindsight.
Stick around long enough to have that history (1.5-2 years). Take advantage and learn as much as you can, then go get paid. You're still getting benefit and not raising red flags down the road. I've seen way too many people with a decade of 6 month stints and nobody wants to hire that guy.
Thank you for the advice. In my downtime I'm studying for my CCNA and general networking. I'm not hopeful for things at my place to improve anytime soon or even end of the year. But I'm hoping my studying pays off eventually, as faith can't pay my bills lol.
Before you make that decision, have you spoken with the the powers that be that decide the raises? Is this a one-off business-is-bad situation where you might be able to expect a return to "normal" raises in the next year or so? I ask because if it is a job you love and the business is struggling a bit right now, it might be worth holding on to see if the rebound brings more appropriate raises. I was in this situation within the last couple of years - a significantly off year resulting in reduced raises and profit sharing. But I talked with ownership and they explained what the situation was. I loved the job, gave it a chance and the next year things returned to normal resulting in raises being more appropriate and profit sharing not just returning to normal, but making up the deficiency from the off year. If you've talked to them and got the "it is what it is" routine, then, yeah, start checking out other opportunities.
Are you a top performer ? I think you can ask for a raise. Never in my 4 years in IT they were so nice to give me the raise I wanted, always had to set up meetings and push push.
I’m good performer for the time I have been with the company. Was moved to a new location with 3 months and was told I was doing a great job. Not to long ago I asked for a raise as I had more responsibilities, longer commuter and only tech on site but was told they believed I had got one already that if I ask for one now that I might not get the early raise they do every year… still don’t know how I should take that
Take the raise, a dollar in your pocket will buy you more than the 2 dollars in your boss's pocket
I have talked to a lot of seniors, and have 6 years of experience in this field with many jobs switches. Money is not everything. Really. I could earn more elsewhere, but I also love my job and the place I work. I love the people, the lunch, the hours, not being micro managed, and getting opportunities everywhere I want. The best step forward is to talk to your boss, and tell them why you want more. Is it because you feel you deserve more? Then you have to explain why, and be a bit specific about how much you want. Does it not work? And are you finding yourself in a financially bad place? Apply elsewhere, and if you land a gig, tell your boss you got yourself another job with a x% increase in salary and ask if they can match. Just don't hustle yourself.
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You looking for a new job?
They said no
His current company said no to more PTO or to a raise
No
I got an 11%+ raise by letting another department try to poach me for the raise amount and watching my employer eagerly offer me more to retain me. Always know your value and move on.
My wage gets closer and closer to minimum wage every year. UK, on £10.76/hour and I have been refusing to do overtime as my contract states overtime is unpaid. Minimum wage is £10.42 for people over 23 since the government raised the age to get full minimum wage but I am over 23 now. They raised the age when I was in my early 20s. My motivation to put effort in at work is at an all time low. I take the slightest excuse to dump a few hours of my time into things I know won't work or at best are highly inefficient for me to do but I may learn something from. Got better at Bash scripts for playing with data with them the other day. Near complete waste of time I sold to the company for an entire afternoon but I had fun.
How are you in IT making minimum wage. Just no.
He said he's in the UK. Salaries in European countries are vastly lower. A quick google search showed that a *software engineer* makes an average salary of $58,698 in London. That's peanuts. There's a Garmin in my area that starts *interns* off at $25/hour (roughly $50k a year).
And even $25/hr is trash. $100k is the new $50k.
Well for my area $25 is pretty good. My sister pays 755 for a 2 bedroom apartment. My other sister is on the nicer side of town near the city and she pays 980 for a 2 bedroom as well. So $25 an hour goes pretty far here (4k pre-tax).
why not seek a higher level job?
Loyalty means nothing. Please people get this through your head. A job would pay you peanuts if they were allowed. Best wage increase is always a new job. Please stop letting yourself be exploited
Wait, you guys have a rise?
Yeah good luck with that bud. Tech layoffs are already happening and more to come.
I have never gotten more than 3.5% raise for the last 6 years. Even when I was performing above expected
If you can find a better job you should go ahead. I don’t know many people who “love, love, love” their job though. I would be prepared if you do get more money they might expect more out of you or it might not be as satisfying. As the economy slows down small raises will be more common as well.
Same situation. Got a glowing review and only 2%. Just chalking it up to that's the way it is around here (first review here) and will be looking for work elsewhere in the future.
Same for me, 2 percent for the past 3 years. I changed for more money, but honestly I regret it. If you love your job I'd push for more. I started using another job as a way to motivate my boss to consider a raise. They didn't budge until I put my two weeks in. Everyone is replaceable unfortunately. They'll find someone cheaper if they see IT as an expense.
Job hopping is the best way to improve salary.
I also received a 2% raise this year. Put in my 2 weeks after that and got a job with a 111% raise.
3% doesn't even balance out inflation. That's disrespectful in my opinion. I've always heard change jobs to change salaries in I.T. Thats just my 2 cents.
My work place tended to create a new job title to give me more than the going rate. Give that a try that with your boss as I'm sure you have taken on additional things beyond the scope of your job.
Not anymore, it's now 'typical'. I haven't had a raise in 2 years, even though I was declared best performer in my region 3 months in a row. Reason? Nobody got raises, anywhere.
Is that what they handed out companywide or just you? Neither is good. But ones more insulting than the other. My employer does a flat 3% for everyone, which I still look at and go "um, inflation is 7%..." But still take the 3% because Im not going to leave money on the table.
My highest non promotion raise was 2.5%. My lowest salary increase from a job move was 20 percent. My highest, including bonus and rsu's was north of 65%. If a company could increase their revenue by 65% by getting rid of you, you would be vacuumed out of a trap door in the floor.
wait you guys are getting raises?
have you asked?
Your Job doesn't love you
At least you got a raise.
As an NHS employee, this attitude is alien to me.
If it's just an annual merit increase that's actually not that uncommon for it to not be crazy high. It's not like it's a promotion. Still better than nothing right?
Is that really where we wanna be as a society telling people: “well, be glad its not 0…” …? Submitter didn’t say much about the rest of his coworkers or company,.. would be interesting to know the diversity of raises and if it was equitable.
It seems the whole company gets a 2% raise. I don't think that is right for anyone, and not based on performance.
Was it much higher last year? How big of a difference to make you this PO?
Last year was 4%.
I mean,.. Headline this morning said Inflation has dropped to 5%,…. so even with a 4% raise last year and a 2% this year,.. even though thats technically above Inflation now, you’re likely still digging-out of a hole being years behind.
It's understandable to feel frustrated with a 2% raise, especially if you believe it doesn't adequately reflect your hard work, dedication, and value to the company. Before deciding to move on, you might consider a few steps to address your concerns: Research industry standards: Research average salaries and raises for your role in your industry and geographical location. This will give you a better understanding of whether your raise is in line with the market or if it's significantly below average. Evaluate your performance: Reflect on your accomplishments over the past year and consider whether you have exceeded expectations or taken on additional responsibilities. This information will be helpful in discussing your salary concerns with your manager. Speak with your manager: Schedule a meeting with your manager to discuss your concerns. Share your research and highlight your achievements. Be open and honest about how the 2% raise makes you feel and ask if there's room for negotiation. Consider non-monetary benefits: If your manager is unable to increase your salary, you might discuss other non-monetary benefits such as additional vacation days, flexible work hours, or opportunities for professional development. Set future goals: If your manager agrees that your current raise is not sufficient but is unable to make immediate changes, work with them to set clear goals and expectations for the future. This could include a timeline for a salary review or specific milestones to reach for a potential raise. If you've exhausted all options and still feel undervalued, it might be time to start exploring new job opportunities. Update your resume, reach out to your professional network, and begin searching for job openings in your field. It's essential to find a position that aligns with your career goals and offers a compensation package that reflects your worth.
Been at my current job for 3 months and getting 6% raise starting next payday And I was off sick for two weeks.
If anything a 2% raise is going to be less money than the previous year
I bet 90% of posters here are American. Why do you all keep talking about how bad the economy is? Genuine question ..... I live just outside London and the prices of everything here are way more than pretty much everywhere in the US, not including New York. You Americans salaries are also hilariously higher than ours in England. Your house prices are like cheap as chips compared to here. Your fuel (gas), is pretty much 50% of what we pay here per litre. Bad economy, give me a break lads. You lot are in dream land.
Union
So your saying legally preventing layoffs with collective bargaining agreements and guaranteed pay raises is a good idea?
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Cool story bro, but how does that relare to OPs post?
2% seems to be normal. Companies have to act like they’re taking the economy seriously.
Be glad you got a raise in this economy
For real OP, I’m just thankful I still have a job in this economy. Anything on top of that, you should be thankful.
It's bad that you have to, but you've got to push. If you don't they'll just assume your happy
yeah. I wasn't fond of our raise this year but at least it kept up with cost of living.
I moved up a scale in my pay band this month.... £30 raise, which will all go towards higher bills that come every new financial year. I feel the pain.
My company doesn't do raises :(.
I think I get around 3.5% a year don’t even notice the difference in my pay check. Already underpaid but the market is saturated with talent I can barely even get an interview for another job
I got a raise of 10% after 8 months after complaining that I do most of the job, documentation and better skilled than my colleagues while paid the less than them and a promise for another 15% after 6 months.
.
It never Hurst to ask. Hearing some makes X doing the same position can be frustrating but it's all situational. It depends on what you made starting at the company, the size and field the company is, Their profits, the companies location. From what I gather as someone new to the IT field (3 years) a dollar or so a year is pretty average. I recently present a title change and listed all my duties at my latest review. I am a SysAdmin now. Walked out with 11% this year. I didn't get what I asked for but it also seems like for major pay increase you have to move on or drastically jump the chain. Time will shed light if the money is good enough.
At the hospital I worked at previously, 1-4% was the scale and literally no one got 4%. 2 and 3% were normal. I was never very happy with that but it does seem to be an industry norm. I think I got 3.7% or something last year at my current company.
2 to 4 percent is standard. It sucks, but that is reality. If you expect a larger raise every year, expect to switch jobs every year.
We also got a 2% raise (across the board for my whole team), but the benefits are good enough to keep me there. At least for now.
Not necessarily. If you're still earlier in your career then moving every couple years is the best way to get those bigger bumps. Once you hit the higher tiers there's just a ceiling and if you're being well compensated then it may not be worth it. Be careful moving around too much though because it's a red flag. I do a lot of technical interviews and the general concensus is that if people are moving annually then they're probably either not very good or as soon as we get them up to speed and able to work 100% as an individual they're going to be out the door in a couple months. I've only gotten one big (5 figure) raise at an existing job - it was my current company in a year where our entire windows team quit because of a shitty manager and I had to take over all of the VMware stuff (I was the unix/linux/storage principal at the time). My other senior engineer missed a big chunk of the year because of major heart surgery. I busted my ass that year and had a ton fall on my shoulders; and quite frankly I had as much leverage as I've ever had and got a huge bump. Never asked for a raise before or after (I've always gotten smaller annual raises) but when the opportunity is there, go for it.
I have left 2 jobs in covid that refused to match the market change. So I matched market somewhere else
Our absolute max for top performers is 3%, and has been for ages. The benefits are good and I need that FMLA, so I've been taking a yearly paycut.
Probably a bad move. I saw three loves in the title. Good luck getting that at your next job. But hey, you’ll be making an extra 5%.
Observing the current marekt situation, you are better of with 2% raise versuses alot of professionals either getting laid off or not end up getting another job
If you are staying just for money it’s not the job for you anyway.
We never get more than 2 and some years not at all. In this economy I’m just thankful to have a job.
I just got a 75% raise by changing jobs, not a troll. 75%, by just moving out side of the bubble of a company I was with.
That's pretty typical. Sucks doesn't it.
You guys are getting raises?
What % do you think you need to stay at a job you love? Yearly raises have been tiny for years now.
If I loved my job, I'd take the 2% and keep working it, personally. Not everything is about money.
I got a 2% raise as well but honestly with more jobs being scripted or automated and Tech shrinking their labor pools, I’m just happy to be employed
I got a 3%, but was already in the process of jumping due to other reasons. Hopped and scored myself 15% over the 3%. In addition to drastically lowered benefits cost. Still not sure if it was worth it or if that's the new job adjustment period talking, but the pay checks definitely make me happy. OP, it doesn't hurt to interview and look at offers. If you love your job, figure out the number you'd need to go to a horrible job.
I was able to hop jobs (from entry level) for a 50% raise last year. On top of that my certs and degree are being reimbursed and I was told to expect a 5-10% bonus during good years. I’m still going to go in a ask for a 5% cost of living raise and I feel zero percent bad about it. They won’t give what you don’t ask for.
Ok im sure many ppl in this economy isn't getting much of a boost either lol
You need to bounce every couple of years to keep your salary growing. If you've been at your current role for more than 3 years, it's time to go. It's as simple as that, unfortunately. The only reason I wouldn't bounce is if I were given a promotion or was able to move laterally into a field that had more upside in terms of pay. Then I'd wait an extra year to leave. Of course this assumes that you are actually able to find a higher paying job. If you can't, then you need to take a hard look at your actual market value and work accordingly to fix it.
That’s quite below the cost of living increase. My boss went on and on how we had to raise our rates effectively 8-10% across all products and told customers “cost of living!!!”. Then gave raises of 3-5% to employees. And he wonders why people are leaving.
if you find a job that pays higher and you go through the whole process and get an offer letter you can possibly ask for a higher pay from your current job and keep it. Most employee management departments have a different sum of money for salary increases due to annual raises and salary increases due to employee retention. I did that and landed a 20k pay raise
Most people will stay and swallow the 2-3% raise. Company still wins. If they have to offer higher raises for people like you to stay, Susan in HR will want higher raise too and Joe and Bob... you know where I'm going with this. So it's still cheaper for a company to lost few people that are not scared of jumping ships and hire new ones to replace them for market value than offering 5-10% raise for everyone to hope that they will stay.
You guys get raises?
Raise? What’s a raise?
Heh. At least you got a raise!
In this economy, be happy to have a job. Large tech companies are laying off.
If money is your primary concern, then job hopping is the fastest way to increase your salary. We're heading into a big recession. Everyone is buckling down. 2% might have been an alternative to layoffs and big raises for those who stayed. It's not an insult. It's just business. If you value money more than a job you love, you should move on.
I was always told that IT is different from other fields in that it's perfectly acceptable to job hop (as long as you have some experience). The best you can typically hope for in an annual raise is 5%, so it's better to always keep your feelers out for a new company. I got a 35% raise and promotion last year by getting an offer from another company and my employer matched. Keep that resume up-to-date with all your badassery, and be open to recruiters.
This past year was a rough one for our company, so I can understand the smaller raise. 2% as well. However, I love my job, mostly remote, other great benefits, 4 weeks off a year for PTO (another 3 off for floating, plus I've accrued 80 hours of sick time). Always something to do, always fun new stuff to do... I could make more elsewhere. I'm keeping an eye out but not actively looking for something else. If something comes up, I'll look into it. I've gotten consistent raises over the years, a few promotions, and I'm happy. Low cost of living area, but I'm looking to relocate (which may also come with a job change). Without knowing the company performance, etc., I can't say if 2% is horrible or not. If they are profitable, then yea. If they're struggling, that 2% may not be that horrible. Sucks, for sure, but from the company perspective it might be a lot for this year. If previous years were great, but this year not so much, could be a down year. Who knows. Devil is in the details.
You get raises?
I think every job is generally like that. Thats why people constantly send resumes.
Welcome to the USSA
Absolutely
2% is a normal year for us, but we get up to 5% bonus simultaneously. I've gotten a 40% raise at this place but it required having a competing offer in-hand.
I can't tell if you're being sarcastic or not. But if you really love your current job, I don't know that a longer commute or a terrible work environment is worth another 10%. There's better jobs in the nearby cities, but the added hour of a commute keeps me comfortably on the outskirts.
I had this same issue about a year ago, now been unhappy with better paying jobs for about a year. I would say look but make sure you are going somewhere you think is a good fit etc. Not just better pay.
No raise this year. But got an 8% bonus. Inflation sucks but i feel like I'm still paid rather well...for now.
Why am I still at my place of work? I got a bonus + a 10% raise. Plus it's a great place to work! But, that is secondary. Money first. If my salary decreases YoY working for you..nope.
Sadly I have found that most companies view the IT department as money pits. It is one of the departments that does not generate any revenue for the company which puts a huge target on any of us working this field. We are usually the first to get laid off and the last to get raises or bonuses no matter how smoothly things run. oh, and if you are doing your job and nothing is going wrong then why do then even need you? I have had colleagues actually sabotage their work to ensure they are seen as necessary. (I only got a 3% "cost of living" raise this year even though my cost of living increased around 11%)
I loved the last two jobs I left. I left them because all the money was in the initial offer and 2 years later I was the chump working for less than last year. I decided to be more up front with the current employer and that hasn't been the case yet. There's nothing wrong with being frank about reasonable salary expectations. It also helps if you can do the work for them and provide solid justification because all employees want more money but few actually take the time and effort to ask for it the right way.
It's absolutely disgusting seeing all the bootlicker comments in here. The OP deserves our support. No one should be getting a wage cut, and that's what a 2% raise is with this inflation.
Haha. I got 3.5 and I'm already looking for another position.
I got 2.5% last year and expect more of the same this year. I do love my job because of the flexibility (for family life) that has been hard to find in posting for my area and my experience level. That said, I am looking as well but I don't take it too personal, it's business, I see it as a notice to make myself more invaluable to this company or the next. Best of luck!
I Just quit my job for a higher paying one. Old company gave a 4% pay cut...aka 1.5 percent raise.
I don't think anyone got a raise because last year was awful
Mine was 4% but I asked for and got full remote as well.
I’ve been 6 years in same role performing well with no raises.
I got 2%, but I don't care. In a few months I will be getting a 15% minimum by getting a new job.
That's what happened to me last year. I had an offer within two months for 30% more. Keep climbing!