[quote=SK in CV]I have a question. Your question begs the question (in the classic sense), by presuming that everyone gets a raise every year. In the industry I’ve worked in for more than the last decade, nobody gets a raise every year. Almost everyone’s comp is based on very objective metrics. Bill more, get paid more. Increased technical skills lead to higher billing rate, leads to higher variable compensation.
So my question is, do you think that another year on the job is a good reason for an employer to pay more for the same services? Shouldn’t raises (and compensation in general) be based on more objective measurements, like merit, performance, absolute value, and capped by comparable rates and conditions within the market place?
This presumption that another year on the job is good cause for a raise, absent other measurements, bugs the hell out of me.[/quote]
I guess for me, since I work in a for profit business, that is completely dependent on consumers, and since this year my company has reported yet record profits again, and that the company’s performance considerably better than last year, and that since it’s competitors and peers have been reporting similar successes…And a lot of it was directly or indirectly tied to the division I’m in, and specifically the projects my team has worked on…
I would say, yes I do expect raises/bonuses/incentives to be distributed this year and every year the company is profitable to folks/group in the company that was considered a top performer (which I was), …Otherwise, frankly, folks like me would just walk over to another similar companythat does the same thing that is appropriately compensating…And probably get a 10-20% bump just by switching itself…Because some folks generally can do that.
I wouldn’t know how I would feel if I worked for a non-profit company…But then again, I don’t think I would.
