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 Message Boards » » Yay! No Raise Next Year! Page [1] 2, Next  
constovich
All American
2340 Posts
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It was just announced that due to the "current economic conditions" all exempt employees' salaries were frozen except first line supervisors, although our balance sheet was "strong." So its a nice Christmas gift from my company.

12/18/2008 5:52:25 PM

BobbyDigital
Thots and Prayers
41777 Posts
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better than layoffs.

12/18/2008 5:54:37 PM

PaulISdead
All American
8780 Posts
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you could quit and try to find a new job?

12/18/2008 5:58:35 PM

eyedrb
All American
5853 Posts
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Yeah, this is my third year in a row without a salary increase. Though my production bonuses have gone up, bc im working harder.

[Edited on December 18, 2008 at 6:02 PM. Reason : .]

12/18/2008 6:01:52 PM

UberCool
All American
3457 Posts
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frozen except for first line craft supervisors (since i'm pretty sure you work for the same company i do). not that the distinction particularly matters if you're a peon

but yeah, hopefully they won't rescind our incentive payout come next march

[Edited on December 18, 2008 at 6:19 PM. Reason : ]

12/18/2008 6:11:56 PM

jbrick83
All American
23447 Posts
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My bro-in law just got his salary reduced by 1/3. We just lowered the cap on our Christmas presents.

12/18/2008 6:22:19 PM

Chief
All American
3402 Posts
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was this for a regional power company?

12/18/2008 8:04:06 PM

ncstatetke
All American
41128 Posts
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time to call up Cousin Eddie

12/18/2008 8:04:47 PM

constovich
All American
2340 Posts
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it is....

12/18/2008 8:14:16 PM

humandrive
All American
18286 Posts
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I'm getting one!!!!

12/18/2008 8:26:35 PM

icanread2
All American
1450 Posts
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Quote :
"Yeah, this is my third year in a row without a salary increase."



wtf? and why havent you moved on from this shitty company? they sure do seem to care about retention

12/18/2008 8:26:44 PM

Republican18
All American
16575 Posts
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we aint getting one either, and we dont get paid shit to begin

12/18/2008 9:09:13 PM

mcfluffle
All American
11291 Posts
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we aint getting one either, and we dont get paid shit to begin

12/18/2008 9:39:31 PM

pilgrimshoes
Suspended
63151 Posts
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welcome to the club

12/18/2008 10:40:16 PM

skokiaan
All American
26447 Posts
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6.5%. Was expecting more.....

12/18/2008 11:04:04 PM

cyrion
All American
27139 Posts
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got 5% last year, really hoping it isnt less than that, but you never know.

12/18/2008 11:17:49 PM

Slave Famous
Become Wrath
34079 Posts
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-15%

Sales

Sophomore Slump

12/18/2008 11:22:42 PM

arcgreek
All American
26690 Posts
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12/18/2008 11:23:01 PM

sd2nc
All American
9963 Posts
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How in the hell does a salesperson's pay drop 15% in 2009? It's still 2008 homey.

If I'm not getting at least a 20% raise every year it's my fault only, either I'm not working hard enough or I'm in the wrong damn field.

12/18/2008 11:45:59 PM

The Coz
Tempus Fugitive
26099 Posts
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OMG, I got 25% bump, LOSERS! Last year I got 30%, though. This puts my annual total compensation at just over $500K. You guys must really suck.

12/18/2008 11:46:31 PM

darkone
(\/) (;,,,;) (\/)
11610 Posts
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My wife got word today that no one in her company should expect a raise. I'm just a lowly PhD student so the though of me getting a raise is laughable at best.

12/18/2008 11:49:48 PM

sd2nc
All American
9963 Posts
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If you're an average white-collar worker I could see one being content with a 5-10% raise. A "salesman" predicting a 15% decrease in 2009 pay needs to look for a career in Retail or HR.

12/18/2008 11:51:31 PM

drunknloaded
Suspended
147487 Posts
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i was told now isnt the best time to ask for a raise...

12/19/2008 12:08:34 AM

winn123
All American
1160 Posts
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be thankful you still have a job...there are hundreds of thousands of people that would gladly take "no raise" right now

12/19/2008 12:45:40 AM

drunknloaded
Suspended
147487 Posts
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seriously

12/19/2008 12:46:36 AM

arcgreek
All American
26690 Posts
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I have friends that are bitching about smaller than normal bonuses this quarter. I want to smack them.

12/19/2008 1:13:10 AM

SandSanta
All American
22435 Posts
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better than layoffs.

12/19/2008 2:42:33 AM

philihp
All American
8349 Posts
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i'm glad to have a job.

12/19/2008 2:43:17 AM

bbehe
Burn it all down.
18402 Posts
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thank god for my annual 3%

12/19/2008 3:40:55 AM

DoubleDown
All American
9382 Posts
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someone find that thread where everyone was bragging about all the massive 20-30% raises they get ever year

wonder how many of them are unemployed now

12/19/2008 4:29:12 AM

qntmfred
retired
40726 Posts
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that would be me

12/19/2008 7:00:20 AM

NCSUStinger
Duh, Winning
62454 Posts
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just feel good that you have a job

12/19/2008 7:21:41 AM

bdgates
All American
730 Posts
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i got the same email yesterday...

12/19/2008 7:39:11 AM

ScHpEnXeL
Suspended
32613 Posts
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I was happy to get my small raise.. we had been told we were getting nothing then got a little

lowered expectations ftw

12/19/2008 7:48:13 AM

Drovkin
All American
8438 Posts
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better than layoffs.

plus, did you do anything to deserve a raise? Or do you feel you should get one for sitting in your chair for a year?

[Edited on December 19, 2008 at 8:09 AM. Reason : .]

12/19/2008 8:08:47 AM

icanread2
All American
1450 Posts
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umm...this thread is about not getting a raise

not about not having a job

stay on topic

you people

12/19/2008 8:12:07 AM

DROD900
All American
24658 Posts
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damn, my salary was frozen about 6 months ago

12/19/2008 8:21:49 AM

Doss2k
All American
18474 Posts
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I got around a 12.5% raise this year

12/19/2008 8:40:26 AM

UberCool
All American
3457 Posts
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for me, it's not so much about the money. i'm perfectly glad i have a job, and as a single guy, my current salary is plenty to keep me comfortable.

Quote :
"plus, did you do anything to deserve a raise?"


it's about the principle. for the most part, i'm willing to go a little further than necessary to get things done in a timely fashion. this is partly because i have a carrot dangling in front of me that says "do a good job, be a team player...we reward high performance."

if there are no merit increases, the incentive to go that extra mile is reduced, if not removed.

12/19/2008 8:41:57 AM

richthofen
All American
15758 Posts
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We got a whopping 2.5% last year, and I'm guessing it will be a big fat 0 this year (we never know until the legislature decides, and that's not usually until July/August).

Then again, in state government, 4% is a "normal" raise and 6% is big money.

12/19/2008 10:00:08 AM

IRSeriousCat
All American
6092 Posts
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Quote :
"If you're an average white-collar worker I could see one being content with a 5-10% raise. "


we typically get 4%, which sucks but i live with it because my bonuses are nice.

Quote :
"if there are no merit increases, the incentive to go that extra mile is reduced, if not removed."


agreed. my frist year at this current employer i got a 4.75 out of 5 on my overall review, but i was rewarded with only 3%. my boss told me he felt i got the shaft and that he would help me out mid year, which never happened. then the following review i had a 4.25 out of 5 and i got a 3.7% raise. still, bullshit and more would have been warranted. this year i've put in exactly no extra effort since the carrot is no longer appealing. i'm curious about what my raise will be and what my review will be.

12/19/2008 10:29:07 AM

EhSteve
All American
7240 Posts
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-1%

12/19/2008 10:31:16 AM

gunzz
IS NÚMERO UNO
68205 Posts
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Quote :
"A "salesman" predicting a 15% decrease in 2009 pay needs to look for a career in Retail or HR.

"


thats not necessarily true...it really depends on what market you are in

12/19/2008 10:43:54 AM

Crede
All American
7339 Posts
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4%(inflation)+3.33%(performance)=7.33%

12/19/2008 10:49:02 AM

IRSeriousCat
All American
6092 Posts
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thats what i find to be really fucked up about my position. pretty much everything i've gotten for the past few years has been below inflation.

12/19/2008 11:02:53 AM

Crede
All American
7339 Posts
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nm

[Edited on December 19, 2008 at 11:16 AM. Reason : nm]

12/19/2008 11:10:57 AM

Noen
All American
31346 Posts
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I got a max raise + max bonus this year. Fortunately our reviews are in the summer, so I got in before the shit hit the economic fan

12/19/2008 12:18:20 PM

clcluppe
All American
2044 Posts
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I'm the only one in my office who got a raise this year

12/19/2008 12:28:45 PM

sd2nc
All American
9963 Posts
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Quote :
"thats not necessarily true...it really depends on what market you are in"


If I knew my pay was going to be cut 15%, I'd GTFO of that market asap

12/19/2008 12:34:14 PM

qntmfred
retired
40726 Posts
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^^^ didn't you just start that job in the summer?

12/19/2008 1:10:50 PM

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