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So, I got a letter today saying I got a 2% merit increase in my wage pro rated to Feb 18th.

Is 2% good or bad?

Comments

( 23 comments — Leave a comment )
hsifyppah
Mar. 7th, 2013 06:17 pm (UTC)
ANY merit increase is good. They liiiike you!
shaddyr
Mar. 7th, 2013 06:21 pm (UTC)
WHO KNEW?

Well, okay, I suppose I did. I guess they wouldn't pay to fly me out to head office if they hated me.

*heh*
retro_rider55
Mar. 8th, 2013 07:23 pm (UTC)
This is not a union shop, is it?
enigmaticblues
Mar. 7th, 2013 06:39 pm (UTC)
Well, in this economy, any increase is considered good, I think, but it depends on how profitable the company is. Tyson received a very generous raise this year, but he also had a promotion and works an ungodly number of hours (and the company is doing very, very well). From what I understand, 1.5-2% is pretty standard for a merit raise, but I know a lot of people who work for companies that can't afford to hand out any raises, even to keep up with cost of living/inflation.

So, definitely celebrate. :-)
shaddyr
Mar. 7th, 2013 08:10 pm (UTC)
I thought at first it was small, but then I thought hey - the company has like 6000 employees, and if even half of them get a raise.... yikes!

Cool - thanks!

persis
Mar. 7th, 2013 06:50 pm (UTC)
In the grand scheme of things, most of the raises these days are pretty paltry, but I think 2% says they think highly of you... My raises have been pretty meager too, but the way I look at it, every penny counts. Go you! :-)
shaddyr
Mar. 7th, 2013 08:11 pm (UTC)
I totally agree - I'm happy to count any penny as mine.

Even if they are phasing out pennies in Canada. O_o
rahirah
Mar. 7th, 2013 06:56 pm (UTC)
Our merit increases range from nothing for being a total schlep to about 3% for the most awesome superfantastic work ever in the history of working, so 2% ain't bad.
shaddyr
Mar. 7th, 2013 08:11 pm (UTC)
Hee! I guess that means I'm better than average. :)
garnigal
Mar. 7th, 2013 08:05 pm (UTC)
Our merit increases were cancelled this year, but last year I got about 2% and was quite happy with it.

As has been said, any merit increase is good, even if it doesn't quite keep up with cost of living
shaddyr
Mar. 7th, 2013 08:12 pm (UTC)
Our merit increases were cancelled this year,

Aw, dude! I'm sorry!

I am happy all things considered - it's certainly better than no raise!
garnigal
Mar. 7th, 2013 08:51 pm (UTC)
It actually works out for me, if not for the rest of my co-workers, since I'm on Mat leave next week and we still get our bonuses (those are based on last years numbers, where as merit increases are based on estimates for this year).

So I get an extra 3 grand or so, and my pay raise will kick back in next year, when I come back. Sucks to be my co-workers though!
retro_rider55
Mar. 7th, 2013 08:11 pm (UTC)
- must hear 'dubstep' sometime...
shaddyr
Mar. 7th, 2013 08:13 pm (UTC)
You can find my current playlist here:

http://songza.com/listen/aggressive-dubstep-songza/
retro_rider55
Mar. 7th, 2013 08:16 pm (UTC)
Ahh; early '80s Electro-Pop meets Dr Who...
shaddyr
Mar. 7th, 2013 09:23 pm (UTC)
HA! That's an interesting way to put it. And not wrong.
poshcat
Mar. 7th, 2013 08:27 pm (UTC)
First, two percent is an insult.

But second, that's all anybody is getting these days no matter how valuable they are, so it's better than nothing, right?

But third, you're not wrong to think it's lame.
shaddyr
Mar. 7th, 2013 09:21 pm (UTC)
HAHAH!

Oh, Posh, NEVER CHANGE! I <3 you!

mckaysmonkey
Mar. 7th, 2013 08:27 pm (UTC)
An increase in pay is always a good thing.
But one that keeps up with the cost of living is better.

If your pay increase does not keep up with the coat of living then in real terms it's a pay cut. :-(
shaddyr
Mar. 7th, 2013 09:23 pm (UTC)
If your pay increase does not keep up with the coat of living then in real terms it's a pay cut. :-(

But, I supposed it's less of a pay cut that if you didn't get a raise at all? Eh.

Apparently there is also some kind of profit sharing thing that I should be getting an email about sometime in the near future. Kinda like a bonus. I dunno, I guess I'll find out.
lunabee34
Mar. 7th, 2013 10:48 pm (UTC)
That seems pretty standard for a merit raise for me. They haven't given out any merit raises in five years where I work, so go you lucky gal!
desdemonaspace
Mar. 7th, 2013 11:07 pm (UTC)
Mine are about that size. I'd like 5-6 percent, but that's "walk on water" merit increase. I just get a more usual two percent.

I think they like you.
spikewriter
Mar. 8th, 2013 02:22 am (UTC)
2% is all I got — that's all the pool was for our area, so my boss split it evenly. Given that I've worked jobs where I didn't get a thing some years, I'll take it. At least my Incentive Program payout was decent.
( 23 comments — Leave a comment )

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