Just got out of a compensation/merit increase meeting today.
Standard merit increase will be moved up to Jan this year.
Standard merit increase will be 5% minimum and 15-20% bonus + TBD stock grants. I have some discretion for some to jack it up to 8% for those considered flight risk, which is basically my entire senior staff.
From a cheap company like mine, that says a lot. Employee retention is a big concern=> wage inflation.
