STYLETHREAD -- LET'S TALK SHOP!

Kitty · Hermes

Raises

NCshopper · Hermes

I think an average cost of living raise would be about 3-5% if your responsibilities don't change and you're not getting a promotion. If your responsibilities or job title have changed, then a larger raise should be expected.

Lilykind · Hermes

i work a company that's def. not average.

i got a 20% raise after four months. i can expect raises every 6 months or so of that size for the next couple of years until i get a promotion to a lead/supervisor. at that point, it'll probably get to be more like 3-4% a year.

halleybird · Hermes

HA! We are **supposed** to get a 2% raise per year plus a flat rate based on experience (around $300-1,000). However, the state I live in does not like to fund education, and this year they decided to increase our retirement contributions, so I am actually going to be making about 2% LESS this year. Fab-u-lous.

member · Hermes

My situation is a little different because I'm my bosse's assistant, so he can pretty much give me whatever I want - I've gotten anywhere from 5-15% raises. I get them once a year. Last year I did so much extra work he gave me a raise and a bonus. But they're always once a year.

jettie · Kate Spade

My raises have ranged from 5-8 percent when I didn't receive a promotion. When I have received a promotion, my raises have ranged from 10-18 percent (the one time I got a 18% raise it included a market adjustment raise).

HeatherLynn · Gucci

Our cost of living raises can vary from 2%-10%. So it's not just a straight across the board raise. Merit goes in to it as well. Merit raises (or promotions) are a higher %. My last one was over 15%.

zeitgeist4 · Gucci

On every start-date anniversary we get a ~12% raise.

twinkle · Coach

we only get cost of living raises, which are 3-4% also. it is a joke!

JoceyBaby23 · Gucci

3% is most common. 4% is the best you can get.. and honestly, I dont think they give 4 to anyone!

carmenb513 · Coach

JoceyBaby23 wrote:

3% is most common. 4% is the best you can get.. and honestly, I dont think they give 4 to anyone!

I agree.It also depends on your pay quartile and you review in most places.I've never gotten less than 10% for a promotion though.

cc · Marc Jacobs

My company always sets a range for annual, non-promotion raises. I think it might be a maximum of 4% for nonexempt employees and 5% for exempt. But my boss has always given me bigger raises because she said she wants to stay competitive and at least match what people in the same positions at other places are making. So I've usually gotten 6-8% and this past year I got 11%! Can you try to find surveys or job listings that show what other people in your position are making? That's what I did when I was getting promoted and it really paid off because every year since then my boss has been keeping those figures in mind.

-- Edited by cc at 08:33, 2006-07-23