What’s your raise this year?

[SD Transplant]

I see a lot of topics that cover family income, fed rate increases, subprime risk etc. There is one more topic I wanted to keep track to see the impact on regional (or national – since we’ve got various contributors outside of San Diego)salary raises each one of us got this year.

I just got a notice of my raise on Friday, and it is 3.53% (this is just a couple of thousands $)

I guess after a short survey we will have an anecdotal idea on: (1) WAGES ARE INCREASING – expecting flat RE prices for years or (2) WAGES ARE FLAT OR DECREASING – real estate prices will drop significantly, especially if one adjusts for inflation.

My answer, if everything remains the same, Wages are flat or decreasing (adjusted for inflation)…. hence, RE prices will drop/adjust sharply in the next couple of years.

[bubble_contagion]

5.25% and supposedly I did “good”. This is the lowest raise I received, as a percentage, in the last several years. I was fully expecting management to keep track of inflation, interest rates and foreign currencies and adjust employee wages accordingly 🙂

[blue_sky]

5%, and that’s with a title change. Pretty rotten, though I understand why… financials are not positive.

[Ash Housewares]

Me: 8%, but I’m young so I’m in the rapidly appreciating part of the pay curve. My wife: 0%, and 0 bonus. I don’t want to go into specifics, but her company is in the mortgage industry and is trying to downsize without the bad publicity that layoffs would bring. So no raises or bonuses. It’s all good, though, we are outa here in a month.

[Ash Housewares]

Me: 8%, but I’m young so I’m in the rapidly appreciating part of the pay curve. My wife: 0%, and 0 bonus. I don’t want to go into specifics, but her company is in the mortgage industry and is trying to downsize without the bad publicity that layoffs would bring. So no raises or bonuses. It’s all good, though, we are outa here in a month.

[blue_sky]

5%, and that’s with a title change. Pretty rotten, though I understand why… financials are not positive.

[bubble_contagion]

5.25% and supposedly I did “good”. This is the lowest raise I received, as a percentage, in the last several years. I was fully expecting management to keep track of inflation, interest rates and foreign currencies and adjust employee wages accordingly 🙂

[meadandale]

11%

[bobby]

I think about 5% but I’m my own boss so this is sorta a performance bonus

[barnaby33]

We don’t get them till July, but I would guess either 0, or at most 3%.

Josh

[sdrealtor]

as much as we’re willing to work for.

[kev374]

2.5%
All raises in our company were between 1 and 3% which is quite lousy!

[kev374]

2.5%
All raises in our company were between 1 and 3% which is quite lousy!

[sdrealtor]

as much as we’re willing to work for.

[meadandale]

“We don’t get them till July, but I would guess either 0, or at most 3%.”

I told you Josh, you need to start consulting….

[startingout]

Somewhere between 3% and 4% for me, and my husband will get his usual 10%.

[beanmaestro]

Defense industry… Most folks here get 2-4%. If you “far exceed expectations”, you might get 5%. Plus a 4% raise for promotions every 4-5 years, so it works out to 3-5% annually.

[golfproz]

4.5%, which just about covers my gas now that it’s $3.69 a gallon…….

[cr]

16.67%, but I’m younger than most here probably, and 16.67% of $00.00 isn’t much anyway.

[cr]

16.67%, but I’m younger than most here probably, and 16.67% of $00.00 isn’t much anyway.

[golfproz]

4.5%, which just about covers my gas now that it’s $3.69 a gallon…….

[beanmaestro]

Defense industry… Most folks here get 2-4%. If you “far exceed expectations”, you might get 5%. Plus a 4% raise for promotions every 4-5 years, so it works out to 3-5% annually.

[startingout]

Somewhere between 3% and 4% for me, and my husband will get his usual 10%.

[barnaby33]

I told you Josh, you need to start consulting
Who says I’m not? I am currently looking for side work. I have one small job but it looks to be petering out.

Josh

[KIBU]

Gee, some really got nice raises. Mine will be 1.5 to 2 %. I will ask for a raise then, gosh, this always kills me thinking about it.

[an]

Seems like the raise people are getting are all over the map. Could it possibly be that some are overpaid, some are underpaid, so there’s a huge range? I mean if two people have the same experiences and perform similarly but one get paid $50k while the other get paid $65k, obviously, the one who got paid $50k will get a larger % raise. That’s just my take on it.

[an]

Seems like the raise people are getting are all over the map. Could it possibly be that some are overpaid, some are underpaid, so there’s a huge range? I mean if two people have the same experiences and perform similarly but one get paid $50k while the other get paid $65k, obviously, the one who got paid $50k will get a larger % raise. That’s just my take on it.

[KIBU]

Gee, some really got nice raises. Mine will be 1.5 to 2 %. I will ask for a raise then, gosh, this always kills me thinking about it.

[barnaby33]

I told you Josh, you need to start consulting
Who says I’m not? I am currently looking for side work. I have one small job but it looks to be petering out.

Josh

[meadandale]

“We don’t get them till July, but I would guess either 0, or at most 3%.”

I told you Josh, you need to start consulting….

[barnaby33]

We don’t get them till July, but I would guess either 0, or at most 3%.

Josh

[bobby]

I think about 5% but I’m my own boss so this is sorta a performance bonus

[meadandale]

11%

[patientrenter]

SD Transplant,

I see a lot of single digit %’s here (or low double digits on a small base). But you should bear in mind that there are people whose earnings are very heavily performance based, and I suspect for them, the $amount is larger and the % increase 2006-2007 sometimes is quite healthy (unless they’re in real estate). I’m thinking stock options and the like.

I can’t remember my pay last year, but the increase 2006-2007 is probably 15-25%. (It could easily turn into a decrease next year or 2009.)

Patient renter in OC

[AK]

Hopped jobs recently for a better benefits package and working conditions. Expecting 3% at my first review.

[AK]

Hopped jobs recently for a better benefits package and working conditions. Expecting 3% at my first review.

[patientrenter]

SD Transplant,

I see a lot of single digit %’s here (or low double digits on a small base). But you should bear in mind that there are people whose earnings are very heavily performance based, and I suspect for them, the $amount is larger and the % increase 2006-2007 sometimes is quite healthy (unless they’re in real estate). I’m thinking stock options and the like.

I can’t remember my pay last year, but the increase 2006-2007 is probably 15-25%. (It could easily turn into a decrease next year or 2009.)

Patient renter in OC

[lonestar2000]

I already got mine, it was 5%, plus another 8% of my salary as profit sharing which went into my 401(k).

[lonestar2000]

I already got mine, it was 5%, plus another 8% of my salary as profit sharing which went into my 401(k).

[doublewide]

Count us in the 3% column !

[jennyo]

I am getting a 10 percent retention increase and a 3.4 percent cola. My husband is just getting the 3.4 pct. We both work for the state government.

[taz]

3 % negotiated for entire bargaining group, plus 2 % merit for me, for a total of 5 %. Does that keep me even w/inflation? not sure…

[POZ]

Raise???

What’s that?

[POZ]

Raise???

What’s that?

[taz]

3 % negotiated for entire bargaining group, plus 2 % merit for me, for a total of 5 %. Does that keep me even w/inflation? not sure…

[jennyo]

I am getting a 10 percent retention increase and a 3.4 percent cola. My husband is just getting the 3.4 pct. We both work for the state government.

[doublewide]

Count us in the 3% column !

[sdrealtor]

I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.

[Shadowfax]

[quote=sdrealtor]I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.[/quote]

Those are some sweeping generalizations! I for one 1) don’t dread looking for jobs (in fact I get approached with new opportunites almost every week), 2) and not too lazy to chase a better salary (not sure if that equals a better life–there are trade offs in the professional services industry). People in my field routinely move on every 1-2 years as that is the best way to increase your salary. Raises won’t do it at 3-5%.

[sdrealtor]

Shadowfax
All the comments from folks here with little or no raises who are still in the same job with the same company pretty much substantiate my generalization. True its a generalization and not true for all (certainly not you) but it sure seems applicable for most.

sdr

[sdrealtor]

Shadowfax
All the comments from folks here with little or no raises who are still in the same job with the same company pretty much substantiate my generalization. True its a generalization and not true for all (certainly not you) but it sure seems applicable for most.

sdr

[sdrealtor]

Shadowfax
All the comments from folks here with little or no raises who are still in the same job with the same company pretty much substantiate my generalization. True its a generalization and not true for all (certainly not you) but it sure seems applicable for most.

sdr

[sdrealtor]

Shadowfax
All the comments from folks here with little or no raises who are still in the same job with the same company pretty much substantiate my generalization. True its a generalization and not true for all (certainly not you) but it sure seems applicable for most.

sdr

[sdrealtor]

Shadowfax
All the comments from folks here with little or no raises who are still in the same job with the same company pretty much substantiate my generalization. True its a generalization and not true for all (certainly not you) but it sure seems applicable for most.

sdr

[Shadowfax]

[quote=sdrealtor]I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.[/quote]

Those are some sweeping generalizations! I for one 1) don’t dread looking for jobs (in fact I get approached with new opportunites almost every week), 2) and not too lazy to chase a better salary (not sure if that equals a better life–there are trade offs in the professional services industry). People in my field routinely move on every 1-2 years as that is the best way to increase your salary. Raises won’t do it at 3-5%.

[Shadowfax]

[quote=sdrealtor]I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.[/quote]

Those are some sweeping generalizations! I for one 1) don’t dread looking for jobs (in fact I get approached with new opportunites almost every week), 2) and not too lazy to chase a better salary (not sure if that equals a better life–there are trade offs in the professional services industry). People in my field routinely move on every 1-2 years as that is the best way to increase your salary. Raises won’t do it at 3-5%.

[Shadowfax]

[quote=sdrealtor]I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.[/quote]

Those are some sweeping generalizations! I for one 1) don’t dread looking for jobs (in fact I get approached with new opportunites almost every week), 2) and not too lazy to chase a better salary (not sure if that equals a better life–there are trade offs in the professional services industry). People in my field routinely move on every 1-2 years as that is the best way to increase your salary. Raises won’t do it at 3-5%.

[Shadowfax]

[quote=sdrealtor]I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.[/quote]

Those are some sweeping generalizations! I for one 1) don’t dread looking for jobs (in fact I get approached with new opportunites almost every week), 2) and not too lazy to chase a better salary (not sure if that equals a better life–there are trade offs in the professional services industry). People in my field routinely move on every 1-2 years as that is the best way to increase your salary. Raises won’t do it at 3-5%.

[sdrealtor]

I always thought the concept of raises was rather silly. Employer’s know that most people dread looking for jobs. They know most of their employees are too lazy or too afraid of rejection to chase a better life. The only real way to get a decent raise is to get promoted or find a new job.

Bottomline- If you want more, you need to go out and find it. If you wait for it to come to you, well… we all know how that goes.

[Coronita]

Just got my raise and bonus, and wanted to poll worker bees to see what are folks seeing this year in terms of raises/bonus.

Mine came in at 4% raise+ 22% bonus for the year (software engineering).

Wife got hers (different company 2% raise + 10% bonus for 6 months).

Is this about what folks are seeing here lately?

[(former)FormerSanDiegan]

12% bonus

4% raise

[(former)FormerSanDiegan]

12% bonus

4% raise

[(former)FormerSanDiegan]

12% bonus

4% raise

[Bob G]

I didn’t get shit.

It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.

[matula]

I got 0% raise and 5% percent bonus.
I asked my supervisor why I didn’t get a raise,
I got the old BS of “you are 99% tile of how much we
are paying you of what you do, you need to go to management
level if you want more money” spiel. I work as a hardware engineer. I think sdrealtor is right, you want more money? you gotta finda new place to work. Don’t wait for it.

[matula]

I got 0% raise and 5% percent bonus.
I asked my supervisor why I didn’t get a raise,
I got the old BS of “you are 99% tile of how much we
are paying you of what you do, you need to go to management
level if you want more money” spiel. I work as a hardware engineer. I think sdrealtor is right, you want more money? you gotta finda new place to work. Don’t wait for it.

[matula]

I got 0% raise and 5% percent bonus.
I asked my supervisor why I didn’t get a raise,
I got the old BS of “you are 99% tile of how much we
are paying you of what you do, you need to go to management
level if you want more money” spiel. I work as a hardware engineer. I think sdrealtor is right, you want more money? you gotta finda new place to work. Don’t wait for it.

[Bob G]

I didn’t get shit.

It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.

[Bob G]

I didn’t get shit.

It would have been 3%, but employer took it back due to higher costs to them for a defined benefit retirement plan.

[Coronita]

Just got my raise and bonus, and wanted to poll worker bees to see what are folks seeing this year in terms of raises/bonus.

Mine came in at 4% raise+ 22% bonus for the year (software engineering).

Wife got hers (different company 2% raise + 10% bonus for 6 months).

Is this about what folks are seeing here lately?

[Coronita]

Just got my raise and bonus, and wanted to poll worker bees to see what are folks seeing this year in terms of raises/bonus.

Mine came in at 4% raise+ 22% bonus for the year (software engineering).

Wife got hers (different company 2% raise + 10% bonus for 6 months).

Is this about what folks are seeing here lately?

[CMcG]

I’ll sum up my situation with a famous movie quote:

“You’ll get nothing and like it!”

[CMcG]

I’ll sum up my situation with a famous movie quote:

“You’ll get nothing and like it!”

[CMcG]

I’ll sum up my situation with a famous movie quote:

“You’ll get nothing and like it!”

[CardiffBaseball]

Don’t you think you are going a bit far in sharing information? I mean me, I don’t care that you shared names, and companies, but I am surprised that you’d be so Cavalier about it. Really it’s no skin off my back, and I really enjoyed your posting. You almost need boards like this since sharing salaries and strategies with co-workers might not be in your best interest.

[CardiffBaseball]

Don’t you think you are going a bit far in sharing information? I mean me, I don’t care that you shared names, and companies, but I am surprised that you’d be so Cavalier about it. Really it’s no skin off my back, and I really enjoyed your posting. You almost need boards like this since sharing salaries and strategies with co-workers might not be in your best interest.

[CardiffBaseball]

Don’t you think you are going a bit far in sharing information? I mean me, I don’t care that you shared names, and companies, but I am surprised that you’d be so Cavalier about it. Really it’s no skin off my back, and I really enjoyed your posting. You almost need boards like this since sharing salaries and strategies with co-workers might not be in your best interest.

[sdrealtor]

vrud,
Great post. I had the same situation multiple time sin my career. At one point I was the top producer at a software start-up and watched one nitwit after another get a salary 50% above my own. I’m talking real nitiwts who never produced anything. from that point on I learned it was how you gamed the system and how much you were willing to ask for which determined what you got. What you are actually worth made very little difference.

[patientrenter]

vrudny and sdrealtor, I’ll share a different experience and point of view with you and other readers.

I’ve never asked for a raise. Maybe I’m dumb, but my pay has increased an average of over 15% annually since I started working 19 years ago. Yes, maybe I could have bumped it up faster now and again by taking advantage of my bosses’ episodes of desperation, but if I did that I may just have been taking it away from future years’ increases.

As I and my old bosses have dispersed through the industry, now I know I can work in many cities, companies, or lines of work because these people all trust me not to screw them, and they would hire me, or help me get hired, in a heartbeat. I move in a relatively small professional world.

Just thought I’d give an alternative experience and point of view, in case other readers thought there was only one way to get rewarded. Depends on how big your work community is, how often you move, your personality….

Patient renter in OC

[garysears]

I’m in the DOD pay scale crowd. Currently it is mandated at 3% by Congress. Instead of paying everyone a little bit more, the military offers various sized re-enlistment / contract extension bonuses for the jobs where retention is the most difficult. Pay has apparently been getting better the last several years and the “pay gap” with the civilian world has allegedly been closed. I think the biggest problem is the government is still committed to a defined benefits retirement system. The civilian job market seems to be paying the money upfront with more generous 401K matching and stock options. So civilians have a better chance to have savings built up rather than relying on the government retirement check to fund the good years. The options in the military seems to be cut out early or commit to the long haul. That is the way the system is designed. Overall, the problem with the time in service, even pay scale for even ranks is the complete lack of incentive to do a superior job.

security vs. satisfaction

By the way, congress is apparently haggling with the President over a 0.5% difference between proposals for military pay increase. That small amount isn’t significant considering inflation but somehow has become highly politicized.

[one_muggle]

gary,

Instead of paying everyone a little bit more, the military offers various sized re-enlistment / contract extension bonuses for the jobs where retention is the most difficult.
“Nice” of them since your bonus doesn’t count towards calculating retirement benefits. BTW, that half percent is a bunch when you figure in all the people that will get it.

-one muggle

[Alex_angel]

a cup of coffee and a donut

[Alex_angel]

a cup of coffee and a donut

[Alex_angel]

a cup of coffee and a donut

[one_muggle]

gary,

Instead of paying everyone a little bit more, the military offers various sized re-enlistment / contract extension bonuses for the jobs where retention is the most difficult.
“Nice” of them since your bonus doesn’t count towards calculating retirement benefits. BTW, that half percent is a bunch when you figure in all the people that will get it.

-one muggle

[one_muggle]

gary,

Instead of paying everyone a little bit more, the military offers various sized re-enlistment / contract extension bonuses for the jobs where retention is the most difficult.
“Nice” of them since your bonus doesn’t count towards calculating retirement benefits. BTW, that half percent is a bunch when you figure in all the people that will get it.

-one muggle

[garysears]

I’m in the DOD pay scale crowd. Currently it is mandated at 3% by Congress. Instead of paying everyone a little bit more, the military offers various sized re-enlistment / contract extension bonuses for the jobs where retention is the most difficult. Pay has apparently been getting better the last several years and the “pay gap” with the civilian world has allegedly been closed. I think the biggest problem is the government is still committed to a defined benefits retirement system. The civilian job market seems to be paying the money upfront with more generous 401K matching and stock options. So civilians have a better chance to have savings built up rather than relying on the government retirement check to fund the good years. The options in the military seems to be cut out early or commit to the long haul. That is the way the system is designed. Overall, the problem with the time in service, even pay scale for even ranks is the complete lack of incentive to do a superior job.

security vs. satisfaction

By the way, congress is apparently haggling with the President over a 0.5% difference between proposals for military pay increase. That small amount isn’t significant considering inflation but somehow has become highly politicized.

[garysears]

I’m in the DOD pay scale crowd. Currently it is mandated at 3% by Congress. Instead of paying everyone a little bit more, the military offers various sized re-enlistment / contract extension bonuses for the jobs where retention is the most difficult. Pay has apparently been getting better the last several years and the “pay gap” with the civilian world has allegedly been closed. I think the biggest problem is the government is still committed to a defined benefits retirement system. The civilian job market seems to be paying the money upfront with more generous 401K matching and stock options. So civilians have a better chance to have savings built up rather than relying on the government retirement check to fund the good years. The options in the military seems to be cut out early or commit to the long haul. That is the way the system is designed. Overall, the problem with the time in service, even pay scale for even ranks is the complete lack of incentive to do a superior job.

security vs. satisfaction

By the way, congress is apparently haggling with the President over a 0.5% difference between proposals for military pay increase. That small amount isn’t significant considering inflation but somehow has become highly politicized.

[patientrenter]

vrudny and sdrealtor, I’ll share a different experience and point of view with you and other readers.

I’ve never asked for a raise. Maybe I’m dumb, but my pay has increased an average of over 15% annually since I started working 19 years ago. Yes, maybe I could have bumped it up faster now and again by taking advantage of my bosses’ episodes of desperation, but if I did that I may just have been taking it away from future years’ increases.

As I and my old bosses have dispersed through the industry, now I know I can work in many cities, companies, or lines of work because these people all trust me not to screw them, and they would hire me, or help me get hired, in a heartbeat. I move in a relatively small professional world.

Just thought I’d give an alternative experience and point of view, in case other readers thought there was only one way to get rewarded. Depends on how big your work community is, how often you move, your personality….

Patient renter in OC

[patientrenter]

vrudny and sdrealtor, I’ll share a different experience and point of view with you and other readers.

I’ve never asked for a raise. Maybe I’m dumb, but my pay has increased an average of over 15% annually since I started working 19 years ago. Yes, maybe I could have bumped it up faster now and again by taking advantage of my bosses’ episodes of desperation, but if I did that I may just have been taking it away from future years’ increases.

As I and my old bosses have dispersed through the industry, now I know I can work in many cities, companies, or lines of work because these people all trust me not to screw them, and they would hire me, or help me get hired, in a heartbeat. I move in a relatively small professional world.

Just thought I’d give an alternative experience and point of view, in case other readers thought there was only one way to get rewarded. Depends on how big your work community is, how often you move, your personality….

Patient renter in OC

[sdrealtor]

vrud,
Great post. I had the same situation multiple time sin my career. At one point I was the top producer at a software start-up and watched one nitwit after another get a salary 50% above my own. I’m talking real nitiwts who never produced anything. from that point on I learned it was how you gamed the system and how much you were willing to ask for which determined what you got. What you are actually worth made very little difference.

[sdrealtor]

vrud,
Great post. I had the same situation multiple time sin my career. At one point I was the top producer at a software start-up and watched one nitwit after another get a salary 50% above my own. I’m talking real nitiwts who never produced anything. from that point on I learned it was how you gamed the system and how much you were willing to ask for which determined what you got. What you are actually worth made very little difference.

[Coronita]

When I left Motorola for Nokia, I did it on zero notice during the most time-intensive peak of an urgent high-visibility program at Motorola. Oh, and I was the only engineer who understood the phone's display design. My bosses were screwed and they knew it. They offered me a 30% raise on-the-spot to stay at Motorola, yet only a few months before they had only offered me a 3% annual salary increase. I turned down the 30% because I knew Moto was going down the toilet.

 

 

Ouch. Talk about burning bridges.

 

Some friendly advice. I wouldn't do this in San Diego or Bay Area. Despite the sheer number of companies in the Bay Area, everyone kind knows someone that ultimately worked with you. I can't count on the numerous times I was in a post-hiring meeting, when a candidate looked great, and talked great…BUT invariably someone "knew" that person at a previous company and had issues with performance/attitude/discipline/etc. This is especially the case if you plan on being in roles of higher visibility.

 

In San Diego, it's much worse. I invariably burned a bridge with one company, only to have it bite me when I was trying to work with folks from that company elsewhere.

 

As far as my big promotions and raise increases (20+%), they have always been accomplished when I moved between companies. (about 5 times over 10 years). Never been laid off (yet). Usually because, I've always moved before trouble started. And the easiest way to find a job for me was to talk to the people that I use to work with or use to manage. Funny how things work. Those that you manage you invariably work for in the future, and vice versa. 

[SD Transplant]

Bumping this back up to see the changes from last year 07 to this year 08.

For the past 3 years, in my particular case, I have received smaller percentages.

This year is 3.16%

We’re passed the stage of not counting real inflation…..which is at least double my raise. In conclusion, one delusional 1st time buyer 🙂

P.S. I guess I should be thankfull for a “JOB”…as the economy is getting worse. I’ve lost most my co-workers this year (in SD).

[bob007]

my wife got 15% pay raise with 10% bonus
i am waiting for mine

[bob007]

my wife got 15% pay raise with 10% bonus
i am waiting for mine

[bob007]

my wife got 15% pay raise with 10% bonus
i am waiting for mine

[bob007]

my wife got 15% pay raise with 10% bonus
i am waiting for mine

[bob007]

my wife got 15% pay raise with 10% bonus
i am waiting for mine

[SD Transplant]

Bumping this back up to see the changes from last year 07 to this year 08.

For the past 3 years, in my particular case, I have received smaller percentages.

This year is 3.16%

We’re passed the stage of not counting real inflation…..which is at least double my raise. In conclusion, one delusional 1st time buyer 🙂

P.S. I guess I should be thankfull for a “JOB”…as the economy is getting worse. I’ve lost most my co-workers this year (in SD).

[SD Transplant]

Bumping this back up to see the changes from last year 07 to this year 08.

For the past 3 years, in my particular case, I have received smaller percentages.

This year is 3.16%

We’re passed the stage of not counting real inflation…..which is at least double my raise. In conclusion, one delusional 1st time buyer 🙂

P.S. I guess I should be thankfull for a “JOB”…as the economy is getting worse. I’ve lost most my co-workers this year (in SD).

[SD Transplant]

Bumping this back up to see the changes from last year 07 to this year 08.

For the past 3 years, in my particular case, I have received smaller percentages.

This year is 3.16%

We’re passed the stage of not counting real inflation…..which is at least double my raise. In conclusion, one delusional 1st time buyer 🙂

P.S. I guess I should be thankfull for a “JOB”…as the economy is getting worse. I’ve lost most my co-workers this year (in SD).

[SD Transplant]

Bumping this back up to see the changes from last year 07 to this year 08.

For the past 3 years, in my particular case, I have received smaller percentages.

This year is 3.16%

We’re passed the stage of not counting real inflation…..which is at least double my raise. In conclusion, one delusional 1st time buyer 🙂

P.S. I guess I should be thankfull for a “JOB”…as the economy is getting worse. I’ve lost most my co-workers this year (in SD).

[Coronita]

When I left Motorola for Nokia, I did it on zero notice during the most time-intensive peak of an urgent high-visibility program at Motorola. Oh, and I was the only engineer who understood the phone's display design. My bosses were screwed and they knew it. They offered me a 30% raise on-the-spot to stay at Motorola, yet only a few months before they had only offered me a 3% annual salary increase. I turned down the 30% because I knew Moto was going down the toilet.

 

 

Ouch. Talk about burning bridges.

 

Some friendly advice. I wouldn't do this in San Diego or Bay Area. Despite the sheer number of companies in the Bay Area, everyone kind knows someone that ultimately worked with you. I can't count on the numerous times I was in a post-hiring meeting, when a candidate looked great, and talked great…BUT invariably someone "knew" that person at a previous company and had issues with performance/attitude/discipline/etc. This is especially the case if you plan on being in roles of higher visibility.

 

In San Diego, it's much worse. I invariably burned a bridge with one company, only to have it bite me when I was trying to work with folks from that company elsewhere.

 

As far as my big promotions and raise increases (20+%), they have always been accomplished when I moved between companies. (about 5 times over 10 years). Never been laid off (yet). Usually because, I've always moved before trouble started. And the easiest way to find a job for me was to talk to the people that I use to work with or use to manage. Funny how things work. Those that you manage you invariably work for in the future, and vice versa. 

[Coronita]

When I left Motorola for Nokia, I did it on zero notice during the most time-intensive peak of an urgent high-visibility program at Motorola. Oh, and I was the only engineer who understood the phone's display design. My bosses were screwed and they knew it. They offered me a 30% raise on-the-spot to stay at Motorola, yet only a few months before they had only offered me a 3% annual salary increase. I turned down the 30% because I knew Moto was going down the toilet.

 

 

Ouch. Talk about burning bridges.

 

Some friendly advice. I wouldn't do this in San Diego or Bay Area. Despite the sheer number of companies in the Bay Area, everyone kind knows someone that ultimately worked with you. I can't count on the numerous times I was in a post-hiring meeting, when a candidate looked great, and talked great…BUT invariably someone "knew" that person at a previous company and had issues with performance/attitude/discipline/etc. This is especially the case if you plan on being in roles of higher visibility.

 

In San Diego, it's much worse. I invariably burned a bridge with one company, only to have it bite me when I was trying to work with folks from that company elsewhere.

 

As far as my big promotions and raise increases (20+%), they have always been accomplished when I moved between companies. (about 5 times over 10 years). Never been laid off (yet). Usually because, I've always moved before trouble started. And the easiest way to find a job for me was to talk to the people that I use to work with or use to manage. Funny how things work. Those that you manage you invariably work for in the future, and vice versa. 

[LostCat]

O% this year. 5 years ago, I received a standard of living increase 3%, plus a merit increase up to 5%.

This year our budget is so tight, it either lay off people or stop giving them raises.

[yooklid]

I haven’t received a pay raise since March 2006. Probably won’t get one until March 2009. It generally goes that way with the company I’m with. I get raises every couple of years, but they’re substantial – 30% or so.

[yooklid]

I haven’t received a pay raise since March 2006. Probably won’t get one until March 2009. It generally goes that way with the company I’m with. I get raises every couple of years, but they’re substantial – 30% or so.

[yooklid]

I haven’t received a pay raise since March 2006. Probably won’t get one until March 2009. It generally goes that way with the company I’m with. I get raises every couple of years, but they’re substantial – 30% or so.

[yooklid]

I haven’t received a pay raise since March 2006. Probably won’t get one until March 2009. It generally goes that way with the company I’m with. I get raises every couple of years, but they’re substantial – 30% or so.

[yooklid]

I haven’t received a pay raise since March 2006. Probably won’t get one until March 2009. It generally goes that way with the company I’m with. I get raises every couple of years, but they’re substantial – 30% or so.

[LostCat]

O% this year. 5 years ago, I received a standard of living increase 3%, plus a merit increase up to 5%.

This year our budget is so tight, it either lay off people or stop giving them raises.

[LostCat]

O% this year. 5 years ago, I received a standard of living increase 3%, plus a merit increase up to 5%.

This year our budget is so tight, it either lay off people or stop giving them raises.

[LostCat]

O% this year. 5 years ago, I received a standard of living increase 3%, plus a merit increase up to 5%.

This year our budget is so tight, it either lay off people or stop giving them raises.

[LostCat]

O% this year. 5 years ago, I received a standard of living increase 3%, plus a merit increase up to 5%.

This year our budget is so tight, it either lay off people or stop giving them raises.

[CricketOnTheHearth]

My What???

In the past 8 years I’ve gotten maybe 2 raises of less than 2% each. I envy you folks who have been getting 3% raises each year. My/our pay hasn’t even tracked COLA increases.

Fortune 50 corporation, non-defense.

[CricketOnTheHearth]

My What???

In the past 8 years I’ve gotten maybe 2 raises of less than 2% each. I envy you folks who have been getting 3% raises each year. My/our pay hasn’t even tracked COLA increases.

Fortune 50 corporation, non-defense.

[CricketOnTheHearth]

My What???

In the past 8 years I’ve gotten maybe 2 raises of less than 2% each. I envy you folks who have been getting 3% raises each year. My/our pay hasn’t even tracked COLA increases.

Fortune 50 corporation, non-defense.

[CricketOnTheHearth]

My What???

In the past 8 years I’ve gotten maybe 2 raises of less than 2% each. I envy you folks who have been getting 3% raises each year. My/our pay hasn’t even tracked COLA increases.

Fortune 50 corporation, non-defense.

[CricketOnTheHearth]

My What???

In the past 8 years I’ve gotten maybe 2 raises of less than 2% each. I envy you folks who have been getting 3% raises each year. My/our pay hasn’t even tracked COLA increases.

Fortune 50 corporation, non-defense.

[UCGal]

It’s nice to say that you can change jobs to get the increase… not so much in engineering or the building trades right now… there are job losses at the moment.

My husband is an architect… the firm he works for put everyone on a part time schedule hoping to keep the doors open till commercial real estate starts picking up again. They’re eking by with hospital work and tenant fit outs. But it’s a tight market right now.

I’m an engineer – most of the big employers are either laying off or holding steady.

My husband got a 3% raise in order to keep him from quitting. (He’s needed on some projects). I got a 2% raise. Wholesale inflation was 11% – so we’re not keeping up.

Resumes are out there – but it’s not exactly a good market for changing jobs unless you’re willing to change careers.

[NotCranky]

I agree with your post UCGal.

My raise this year will be about $800 month semi-passive income improvement from a rental unit I am building.

[NotCranky]

I agree with your post UCGal.

My raise this year will be about $800 month semi-passive income improvement from a rental unit I am building.

[NotCranky]

I agree with your post UCGal.

My raise this year will be about $800 month semi-passive income improvement from a rental unit I am building.

[NotCranky]

I agree with your post UCGal.

My raise this year will be about $800 month semi-passive income improvement from a rental unit I am building.

[NotCranky]

I agree with your post UCGal.

My raise this year will be about $800 month semi-passive income improvement from a rental unit I am building.

[UCGal]

It’s nice to say that you can change jobs to get the increase… not so much in engineering or the building trades right now… there are job losses at the moment.

My husband is an architect… the firm he works for put everyone on a part time schedule hoping to keep the doors open till commercial real estate starts picking up again. They’re eking by with hospital work and tenant fit outs. But it’s a tight market right now.

I’m an engineer – most of the big employers are either laying off or holding steady.

My husband got a 3% raise in order to keep him from quitting. (He’s needed on some projects). I got a 2% raise. Wholesale inflation was 11% – so we’re not keeping up.

Resumes are out there – but it’s not exactly a good market for changing jobs unless you’re willing to change careers.

[UCGal]

It’s nice to say that you can change jobs to get the increase… not so much in engineering or the building trades right now… there are job losses at the moment.

My husband is an architect… the firm he works for put everyone on a part time schedule hoping to keep the doors open till commercial real estate starts picking up again. They’re eking by with hospital work and tenant fit outs. But it’s a tight market right now.

I’m an engineer – most of the big employers are either laying off or holding steady.

My husband got a 3% raise in order to keep him from quitting. (He’s needed on some projects). I got a 2% raise. Wholesale inflation was 11% – so we’re not keeping up.

Resumes are out there – but it’s not exactly a good market for changing jobs unless you’re willing to change careers.

[UCGal]

It’s nice to say that you can change jobs to get the increase… not so much in engineering or the building trades right now… there are job losses at the moment.

My husband is an architect… the firm he works for put everyone on a part time schedule hoping to keep the doors open till commercial real estate starts picking up again. They’re eking by with hospital work and tenant fit outs. But it’s a tight market right now.

I’m an engineer – most of the big employers are either laying off or holding steady.

My husband got a 3% raise in order to keep him from quitting. (He’s needed on some projects). I got a 2% raise. Wholesale inflation was 11% – so we’re not keeping up.

Resumes are out there – but it’s not exactly a good market for changing jobs unless you’re willing to change careers.

[UCGal]

It’s nice to say that you can change jobs to get the increase… not so much in engineering or the building trades right now… there are job losses at the moment.

My husband is an architect… the firm he works for put everyone on a part time schedule hoping to keep the doors open till commercial real estate starts picking up again. They’re eking by with hospital work and tenant fit outs. But it’s a tight market right now.

I’m an engineer – most of the big employers are either laying off or holding steady.

My husband got a 3% raise in order to keep him from quitting. (He’s needed on some projects). I got a 2% raise. Wholesale inflation was 11% – so we’re not keeping up.

Resumes are out there – but it’s not exactly a good market for changing jobs unless you’re willing to change careers.

[HarryBosch]

2% for me this year. I’ve been told that some in our group received no raises. However, I’m on a 60/40 split for my On-Target Earnings which means that my salary is 60% of my yearly OTE. The other 40% is commissions. So far I am on track to make my goals. Interesting, about 3 weeks ago I complained to my manager that my commissions for the first six months of this year were 30% for the same period last year. All of a sudden I am getting a whopping commission this month that brings me up to date and takes me over quite a bit above for the same period last year. Even though I know that I’ve been busting my butt and that I earned it I thought it interesting that it did conincide with my being a squeaky wheel gets the grease.

[HarryBosch]

2% for me this year. I’ve been told that some in our group received no raises. However, I’m on a 60/40 split for my On-Target Earnings which means that my salary is 60% of my yearly OTE. The other 40% is commissions. So far I am on track to make my goals. Interesting, about 3 weeks ago I complained to my manager that my commissions for the first six months of this year were 30% for the same period last year. All of a sudden I am getting a whopping commission this month that brings me up to date and takes me over quite a bit above for the same period last year. Even though I know that I’ve been busting my butt and that I earned it I thought it interesting that it did conincide with my being a squeaky wheel gets the grease.

[HarryBosch]

2% for me this year. I’ve been told that some in our group received no raises. However, I’m on a 60/40 split for my On-Target Earnings which means that my salary is 60% of my yearly OTE. The other 40% is commissions. So far I am on track to make my goals. Interesting, about 3 weeks ago I complained to my manager that my commissions for the first six months of this year were 30% for the same period last year. All of a sudden I am getting a whopping commission this month that brings me up to date and takes me over quite a bit above for the same period last year. Even though I know that I’ve been busting my butt and that I earned it I thought it interesting that it did conincide with my being a squeaky wheel gets the grease.

[HarryBosch]

2% for me this year. I’ve been told that some in our group received no raises. However, I’m on a 60/40 split for my On-Target Earnings which means that my salary is 60% of my yearly OTE. The other 40% is commissions. So far I am on track to make my goals. Interesting, about 3 weeks ago I complained to my manager that my commissions for the first six months of this year were 30% for the same period last year. All of a sudden I am getting a whopping commission this month that brings me up to date and takes me over quite a bit above for the same period last year. Even though I know that I’ve been busting my butt and that I earned it I thought it interesting that it did conincide with my being a squeaky wheel gets the grease.

[HarryBosch]

2% for me this year. I’ve been told that some in our group received no raises. However, I’m on a 60/40 split for my On-Target Earnings which means that my salary is 60% of my yearly OTE. The other 40% is commissions. So far I am on track to make my goals. Interesting, about 3 weeks ago I complained to my manager that my commissions for the first six months of this year were 30% for the same period last year. All of a sudden I am getting a whopping commission this month that brings me up to date and takes me over quite a bit above for the same period last year. Even though I know that I’ve been busting my butt and that I earned it I thought it interesting that it did conincide with my being a squeaky wheel gets the grease.

[matula]

3% this year. Pretty much you got to move to a new
job to have better raises from what I have seen.

[SD Transplant]

well, it’s time to compare notes from 2 yrs ago :).

I’ve got NADA/ZERO this year……(glad it wasn’t a pay cut…or worse – job loss)

How about you?

[SD Transplant]

well, it’s time to compare notes from 2 yrs ago :).

I’ve got NADA/ZERO this year……(glad it wasn’t a pay cut…or worse – job loss)

How about you?

[SD Transplant]

well, it’s time to compare notes from 2 yrs ago :).

I’ve got NADA/ZERO this year……(glad it wasn’t a pay cut…or worse – job loss)

How about you?

[SD Transplant]

well, it’s time to compare notes from 2 yrs ago :).

I’ve got NADA/ZERO this year……(glad it wasn’t a pay cut…or worse – job loss)

How about you?

[SD Transplant]

well, it’s time to compare notes from 2 yrs ago :).

I’ve got NADA/ZERO this year……(glad it wasn’t a pay cut…or worse – job loss)

How about you?

[matula]

3% this year. Pretty much you got to move to a new
job to have better raises from what I have seen.

[matula]

3% this year. Pretty much you got to move to a new
job to have better raises from what I have seen.

[matula]

3% this year. Pretty much you got to move to a new
job to have better raises from what I have seen.

[matula]

3% this year. Pretty much you got to move to a new
job to have better raises from what I have seen.

[CDMA ENG]

My pay raise was the CPI + (food and engergy inflation) * -1…

😛

[CDMA ENG]

My pay raise was the CPI + (food and engergy inflation) * -1…

😛

[CDMA ENG]

My pay raise was the CPI + (food and engergy inflation) * -1…

😛

[CDMA ENG]

My pay raise was the CPI + (food and engergy inflation) * -1…

😛

[CDMA ENG]

My pay raise was the CPI + (food and engergy inflation) * -1…

😛

[kev374]

raise? WTF is that?
I’m just thankful to have a job! We laid off about 1000 people at our company last week.

[partypup]

We used to get 7% raises, now we’re down to 5%. I’m not complaining. We had a round of layoffs last Fall, and more spotty lay offs are occurring now. I’ve spoken to a few talent agents in the business, and there definitely seems to be a trend among them: salaries are being cut by 10% or more.

Oh, and we used to get bonuses that were roughly 30 – 40% of our salary. They were slashed in half this March (I’m not complaining! I wasn’t even expecting to get one this year), and we were informed in no uncertain terms that if the economy takes another dip (Gee, wonder if that will happen?) we should not expect to receive any bonuses for the foreseeable future…

I’ve got a contract through spring 2011, so I’m not especially worried – now. But the problem with layoffs is that the s*** just keeps piling up with fewer hands to deal with it. So the folks who “survive” a bloodletting just get reamed in a different way.

Never forget that hell can come in different forms. Unemployment is horrible, but 12-hour days that leave you primed for a heart attack and no time to spend with your family are no picnic, either.

[scaredyclassic]

-10% approx.

[scaredyclassic]

-10% approx.

[scaredyclassic]

-10% approx.

[scaredyclassic]

-10% approx.

[scaredyclassic]

-10% approx.

[patb]

No bonus in 2 years, 50% salary cut, but it looks better for next year.

[UCGal]

Raises at my job were canceled across the board this year. Retirement benefits were also cut this year. But we got a bonus. Smaller than the formula calls for, but it was something. They would have cut the bonuses if they could have figured out a way to cut it for the workers and still have the corporate execs get full bonuses.

My husband is out of work at the moment… This time last year things had slowed to part time… There’s no work in commercial architecture right now so he’s working on my “honey do” list. If his former firm gets work, he’s welcome back… but even the principal of the firm is collecting un-enjoyment insurance. He’s gone on some interviews but nothing has panned out yet.

Good thing we were/are savers… And very good thing we have been trimming our expenses for a while.

[UCGal]

Raises at my job were canceled across the board this year. Retirement benefits were also cut this year. But we got a bonus. Smaller than the formula calls for, but it was something. They would have cut the bonuses if they could have figured out a way to cut it for the workers and still have the corporate execs get full bonuses.

My husband is out of work at the moment… This time last year things had slowed to part time… There’s no work in commercial architecture right now so he’s working on my “honey do” list. If his former firm gets work, he’s welcome back… but even the principal of the firm is collecting un-enjoyment insurance. He’s gone on some interviews but nothing has panned out yet.

Good thing we were/are savers… And very good thing we have been trimming our expenses for a while.

[UCGal]

Raises at my job were canceled across the board this year. Retirement benefits were also cut this year. But we got a bonus. Smaller than the formula calls for, but it was something. They would have cut the bonuses if they could have figured out a way to cut it for the workers and still have the corporate execs get full bonuses.

My husband is out of work at the moment… This time last year things had slowed to part time… There’s no work in commercial architecture right now so he’s working on my “honey do” list. If his former firm gets work, he’s welcome back… but even the principal of the firm is collecting un-enjoyment insurance. He’s gone on some interviews but nothing has panned out yet.

Good thing we were/are savers… And very good thing we have been trimming our expenses for a while.

[UCGal]

Raises at my job were canceled across the board this year. Retirement benefits were also cut this year. But we got a bonus. Smaller than the formula calls for, but it was something. They would have cut the bonuses if they could have figured out a way to cut it for the workers and still have the corporate execs get full bonuses.

My husband is out of work at the moment… This time last year things had slowed to part time… There’s no work in commercial architecture right now so he’s working on my “honey do” list. If his former firm gets work, he’s welcome back… but even the principal of the firm is collecting un-enjoyment insurance. He’s gone on some interviews but nothing has panned out yet.

Good thing we were/are savers… And very good thing we have been trimming our expenses for a while.

[UCGal]

Raises at my job were canceled across the board this year. Retirement benefits were also cut this year. But we got a bonus. Smaller than the formula calls for, but it was something. They would have cut the bonuses if they could have figured out a way to cut it for the workers and still have the corporate execs get full bonuses.

My husband is out of work at the moment… This time last year things had slowed to part time… There’s no work in commercial architecture right now so he’s working on my “honey do” list. If his former firm gets work, he’s welcome back… but even the principal of the firm is collecting un-enjoyment insurance. He’s gone on some interviews but nothing has panned out yet.

Good thing we were/are savers… And very good thing we have been trimming our expenses for a while.

[patb]

No bonus in 2 years, 50% salary cut, but it looks better for next year.

[patb]

No bonus in 2 years, 50% salary cut, but it looks better for next year.

[patb]

No bonus in 2 years, 50% salary cut, but it looks better for next year.

[patb]

No bonus in 2 years, 50% salary cut, but it looks better for next year.

[partypup]

We used to get 7% raises, now we’re down to 5%. I’m not complaining. We had a round of layoffs last Fall, and more spotty lay offs are occurring now. I’ve spoken to a few talent agents in the business, and there definitely seems to be a trend among them: salaries are being cut by 10% or more.

Oh, and we used to get bonuses that were roughly 30 – 40% of our salary. They were slashed in half this March (I’m not complaining! I wasn’t even expecting to get one this year), and we were informed in no uncertain terms that if the economy takes another dip (Gee, wonder if that will happen?) we should not expect to receive any bonuses for the foreseeable future…

I’ve got a contract through spring 2011, so I’m not especially worried – now. But the problem with layoffs is that the s*** just keeps piling up with fewer hands to deal with it. So the folks who “survive” a bloodletting just get reamed in a different way.

Never forget that hell can come in different forms. Unemployment is horrible, but 12-hour days that leave you primed for a heart attack and no time to spend with your family are no picnic, either.

[partypup]

We used to get 7% raises, now we’re down to 5%. I’m not complaining. We had a round of layoffs last Fall, and more spotty lay offs are occurring now. I’ve spoken to a few talent agents in the business, and there definitely seems to be a trend among them: salaries are being cut by 10% or more.

Oh, and we used to get bonuses that were roughly 30 – 40% of our salary. They were slashed in half this March (I’m not complaining! I wasn’t even expecting to get one this year), and we were informed in no uncertain terms that if the economy takes another dip (Gee, wonder if that will happen?) we should not expect to receive any bonuses for the foreseeable future…

I’ve got a contract through spring 2011, so I’m not especially worried – now. But the problem with layoffs is that the s*** just keeps piling up with fewer hands to deal with it. So the folks who “survive” a bloodletting just get reamed in a different way.

Never forget that hell can come in different forms. Unemployment is horrible, but 12-hour days that leave you primed for a heart attack and no time to spend with your family are no picnic, either.

[partypup]

We used to get 7% raises, now we’re down to 5%. I’m not complaining. We had a round of layoffs last Fall, and more spotty lay offs are occurring now. I’ve spoken to a few talent agents in the business, and there definitely seems to be a trend among them: salaries are being cut by 10% or more.

Oh, and we used to get bonuses that were roughly 30 – 40% of our salary. They were slashed in half this March (I’m not complaining! I wasn’t even expecting to get one this year), and we were informed in no uncertain terms that if the economy takes another dip (Gee, wonder if that will happen?) we should not expect to receive any bonuses for the foreseeable future…

I’ve got a contract through spring 2011, so I’m not especially worried – now. But the problem with layoffs is that the s*** just keeps piling up with fewer hands to deal with it. So the folks who “survive” a bloodletting just get reamed in a different way.

Never forget that hell can come in different forms. Unemployment is horrible, but 12-hour days that leave you primed for a heart attack and no time to spend with your family are no picnic, either.

[partypup]

We used to get 7% raises, now we’re down to 5%. I’m not complaining. We had a round of layoffs last Fall, and more spotty lay offs are occurring now. I’ve spoken to a few talent agents in the business, and there definitely seems to be a trend among them: salaries are being cut by 10% or more.

Oh, and we used to get bonuses that were roughly 30 – 40% of our salary. They were slashed in half this March (I’m not complaining! I wasn’t even expecting to get one this year), and we were informed in no uncertain terms that if the economy takes another dip (Gee, wonder if that will happen?) we should not expect to receive any bonuses for the foreseeable future…

I’ve got a contract through spring 2011, so I’m not especially worried – now. But the problem with layoffs is that the s*** just keeps piling up with fewer hands to deal with it. So the folks who “survive” a bloodletting just get reamed in a different way.

Never forget that hell can come in different forms. Unemployment is horrible, but 12-hour days that leave you primed for a heart attack and no time to spend with your family are no picnic, either.

[kev374]

raise? WTF is that?
I’m just thankful to have a job! We laid off about 1000 people at our company last week.

[kev374]

raise? WTF is that?
I’m just thankful to have a job! We laid off about 1000 people at our company last week.

[kev374]

raise? WTF is that?
I’m just thankful to have a job! We laid off about 1000 people at our company last week.

[kev374]

raise? WTF is that?
I’m just thankful to have a job! We laid off about 1000 people at our company last week.

[AK]

Big fat goose egg. But at least I still have a job.

This week.

[SDEngineer]

Zero. Company-wide freeze on all raises this year aside from promotions to a new pay grade.

However, they kept the bonus plan – since the bonus plan paid close to 10% of base salary for my pay grade this year, I’m happy, since if they had done the reverse (dumped the bonus plan and kept the raises) my take home probably would’ve been significantly less.

[SDEngineer]

Zero. Company-wide freeze on all raises this year aside from promotions to a new pay grade.

However, they kept the bonus plan – since the bonus plan paid close to 10% of base salary for my pay grade this year, I’m happy, since if they had done the reverse (dumped the bonus plan and kept the raises) my take home probably would’ve been significantly less.

[SDEngineer]

Zero. Company-wide freeze on all raises this year aside from promotions to a new pay grade.

However, they kept the bonus plan – since the bonus plan paid close to 10% of base salary for my pay grade this year, I’m happy, since if they had done the reverse (dumped the bonus plan and kept the raises) my take home probably would’ve been significantly less.

[SDEngineer]

Zero. Company-wide freeze on all raises this year aside from promotions to a new pay grade.

However, they kept the bonus plan – since the bonus plan paid close to 10% of base salary for my pay grade this year, I’m happy, since if they had done the reverse (dumped the bonus plan and kept the raises) my take home probably would’ve been significantly less.

[SDEngineer]

Zero. Company-wide freeze on all raises this year aside from promotions to a new pay grade.

However, they kept the bonus plan – since the bonus plan paid close to 10% of base salary for my pay grade this year, I’m happy, since if they had done the reverse (dumped the bonus plan and kept the raises) my take home probably would’ve been significantly less.

[AK]

Big fat goose egg. But at least I still have a job.

This week.

[AK]

Big fat goose egg. But at least I still have a job.

This week.

[AK]

Big fat goose egg. But at least I still have a job.

This week.

[AK]

Big fat goose egg. But at least I still have a job.

This week.

[JerseyGrl]

I got a pay cut; buy I got to keep my job……………..

[propertysearchaddiction]

No base pay increase. Our pay is 40% base 60% bonus. You have to ask for a base increase.

[propertysearchaddiction]

No base pay increase. Our pay is 40% base 60% bonus. You have to ask for a base increase.

[propertysearchaddiction]

No base pay increase. Our pay is 40% base 60% bonus. You have to ask for a base increase.

[propertysearchaddiction]

No base pay increase. Our pay is 40% base 60% bonus. You have to ask for a base increase.

[propertysearchaddiction]

No base pay increase. Our pay is 40% base 60% bonus. You have to ask for a base increase.

[JerseyGrl]

I got a pay cut; buy I got to keep my job……………..

[JerseyGrl]

I got a pay cut; buy I got to keep my job……………..

[JerseyGrl]

I got a pay cut; buy I got to keep my job……………..

[JerseyGrl]

I got a pay cut; buy I got to keep my job……………..

[Coronita]

4.5% and 16.9% bonus…Also trying to close a deal on my side business which should be a nice bonus pre-obama taxes…and get to keep telecommuting.

[Coronita]

4.5% and 16.9% bonus…Also trying to close a deal on my side business which should be a nice bonus pre-obama taxes…and get to keep telecommuting.

[Coronita]

4.5% and 16.9% bonus…Also trying to close a deal on my side business which should be a nice bonus pre-obama taxes…and get to keep telecommuting.

[Coronita]

4.5% and 16.9% bonus…Also trying to close a deal on my side business which should be a nice bonus pre-obama taxes…and get to keep telecommuting.

[Coronita]

4.5% and 16.9% bonus…Also trying to close a deal on my side business which should be a nice bonus pre-obama taxes…and get to keep telecommuting.

[barnaby33]

I got a raise last September, I think it was 3.9%. That was more than I was expecting. Plus I got to spend two months in Oz, which to me was better than a raise anyway. Our xmas bonuses were cancelled in December, and if I have a job, I doubt there will be any raise or bonus this year.

Seriously though, I am not complaining. I like the company I work for and am happy to have a job.

Josh

[barnaby33]

I got a raise last September, I think it was 3.9%. That was more than I was expecting. Plus I got to spend two months in Oz, which to me was better than a raise anyway. Our xmas bonuses were cancelled in December, and if I have a job, I doubt there will be any raise or bonus this year.

Seriously though, I am not complaining. I like the company I work for and am happy to have a job.

Josh

[barnaby33]

I got a raise last September, I think it was 3.9%. That was more than I was expecting. Plus I got to spend two months in Oz, which to me was better than a raise anyway. Our xmas bonuses were cancelled in December, and if I have a job, I doubt there will be any raise or bonus this year.

Seriously though, I am not complaining. I like the company I work for and am happy to have a job.

Josh

[barnaby33]

I got a raise last September, I think it was 3.9%. That was more than I was expecting. Plus I got to spend two months in Oz, which to me was better than a raise anyway. Our xmas bonuses were cancelled in December, and if I have a job, I doubt there will be any raise or bonus this year.

Seriously though, I am not complaining. I like the company I work for and am happy to have a job.

Josh

[barnaby33]

I got a raise last September, I think it was 3.9%. That was more than I was expecting. Plus I got to spend two months in Oz, which to me was better than a raise anyway. Our xmas bonuses were cancelled in December, and if I have a job, I doubt there will be any raise or bonus this year.

Seriously though, I am not complaining. I like the company I work for and am happy to have a job.

Josh

[Nor-LA-SD-guy]

About 3% last year, not expecting anything this year (even though my performance review was excellent, At least I have a copy of that),

I wish to be more like FLU, in fact I think I will put that as my goal for next year !!

[sd_bear]

0% this year. 5% bonus. 99% approved for promotion but executives won’t sign off on any promotions right now.

[sd_bear]

0% this year. 5% bonus. 99% approved for promotion but executives won’t sign off on any promotions right now.

[sd_bear]

0% this year. 5% bonus. 99% approved for promotion but executives won’t sign off on any promotions right now.

[sd_bear]

0% this year. 5% bonus. 99% approved for promotion but executives won’t sign off on any promotions right now.

[sd_bear]

0% this year. 5% bonus. 99% approved for promotion but executives won’t sign off on any promotions right now.

[Nor-LA-SD-guy]

About 3% last year, not expecting anything this year (even though my performance review was excellent, At least I have a copy of that),

I wish to be more like FLU, in fact I think I will put that as my goal for next year !!

[Nor-LA-SD-guy]

About 3% last year, not expecting anything this year (even though my performance review was excellent, At least I have a copy of that),

I wish to be more like FLU, in fact I think I will put that as my goal for next year !!

[Nor-LA-SD-guy]

About 3% last year, not expecting anything this year (even though my performance review was excellent, At least I have a copy of that),

I wish to be more like FLU, in fact I think I will put that as my goal for next year !!

[Nor-LA-SD-guy]

About 3% last year, not expecting anything this year (even though my performance review was excellent, At least I have a copy of that),

I wish to be more like FLU, in fact I think I will put that as my goal for next year !!

[fun4vnay2]

My reviews are still months away but in my company we have a raise freeze, bonuses suspended

Everyone reports they got excellent reviews, no slackers here ::

C’Mon Guys

[fun4vnay2]

My reviews are still months away but in my company we have a raise freeze, bonuses suspended

Everyone reports they got excellent reviews, no slackers here ::

C’Mon Guys

[fun4vnay2]

My reviews are still months away but in my company we have a raise freeze, bonuses suspended

Everyone reports they got excellent reviews, no slackers here ::

C’Mon Guys

[fun4vnay2]

My reviews are still months away but in my company we have a raise freeze, bonuses suspended

Everyone reports they got excellent reviews, no slackers here ::

C’Mon Guys

[fun4vnay2]

My reviews are still months away but in my company we have a raise freeze, bonuses suspended

Everyone reports they got excellent reviews, no slackers here ::

C’Mon Guys

[drboom]

My wife is currently the breadwinner (public school teacher), and her district just did a 3% pay cut. Half is for the 09/10 school year only, and the rest is permanent. The net effect after accounting for another year of service is about $40/mo. less (net) than this year. That’s $190/mo. less than we planned on, but at least she isn’t getting laid off like a lot of her peers.

OTOH, days were cut from the calendar so I don’t think we have anything to complain about. Teachers, especially highly degreed/certificated teachers, make decent money and have good benefits.

Speaking of benefits, it will be interesting to see what they do with health insurance contributions later this year. That already amounts to over 11% ($6500/yr. out of $57.5k gross) of pretax income for our family.

[drboom]

My wife is currently the breadwinner (public school teacher), and her district just did a 3% pay cut. Half is for the 09/10 school year only, and the rest is permanent. The net effect after accounting for another year of service is about $40/mo. less (net) than this year. That’s $190/mo. less than we planned on, but at least she isn’t getting laid off like a lot of her peers.

OTOH, days were cut from the calendar so I don’t think we have anything to complain about. Teachers, especially highly degreed/certificated teachers, make decent money and have good benefits.

Speaking of benefits, it will be interesting to see what they do with health insurance contributions later this year. That already amounts to over 11% ($6500/yr. out of $57.5k gross) of pretax income for our family.

[drboom]

My wife is currently the breadwinner (public school teacher), and her district just did a 3% pay cut. Half is for the 09/10 school year only, and the rest is permanent. The net effect after accounting for another year of service is about $40/mo. less (net) than this year. That’s $190/mo. less than we planned on, but at least she isn’t getting laid off like a lot of her peers.

OTOH, days were cut from the calendar so I don’t think we have anything to complain about. Teachers, especially highly degreed/certificated teachers, make decent money and have good benefits.

Speaking of benefits, it will be interesting to see what they do with health insurance contributions later this year. That already amounts to over 11% ($6500/yr. out of $57.5k gross) of pretax income for our family.

[drboom]

My wife is currently the breadwinner (public school teacher), and her district just did a 3% pay cut. Half is for the 09/10 school year only, and the rest is permanent. The net effect after accounting for another year of service is about $40/mo. less (net) than this year. That’s $190/mo. less than we planned on, but at least she isn’t getting laid off like a lot of her peers.

OTOH, days were cut from the calendar so I don’t think we have anything to complain about. Teachers, especially highly degreed/certificated teachers, make decent money and have good benefits.

Speaking of benefits, it will be interesting to see what they do with health insurance contributions later this year. That already amounts to over 11% ($6500/yr. out of $57.5k gross) of pretax income for our family.

[drboom]

My wife is currently the breadwinner (public school teacher), and her district just did a 3% pay cut. Half is for the 09/10 school year only, and the rest is permanent. The net effect after accounting for another year of service is about $40/mo. less (net) than this year. That’s $190/mo. less than we planned on, but at least she isn’t getting laid off like a lot of her peers.

OTOH, days were cut from the calendar so I don’t think we have anything to complain about. Teachers, especially highly degreed/certificated teachers, make decent money and have good benefits.

Speaking of benefits, it will be interesting to see what they do with health insurance contributions later this year. That already amounts to over 11% ($6500/yr. out of $57.5k gross) of pretax income for our family.

[JustLurking]

Raises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.

[LJ_UCSD]

UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[bobby]

20% increase in net income – we acquired another business.
However, if you consider the amount we paid for this business, then it’s actually 50% decrease in net income.
🙂

[bobby]

20% increase in net income – we acquired another business.
However, if you consider the amount we paid for this business, then it’s actually 50% decrease in net income.
🙂

[bobby]

20% increase in net income – we acquired another business.
However, if you consider the amount we paid for this business, then it’s actually 50% decrease in net income.
🙂

[bobby]

20% increase in net income – we acquired another business.
However, if you consider the amount we paid for this business, then it’s actually 50% decrease in net income.
🙂

[bobby]

20% increase in net income – we acquired another business.
However, if you consider the amount we paid for this business, then it’s actually 50% decrease in net income.
🙂

[Scarlett]

[quote=LJ_UCSD]UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[/quote]

My husband is in the same situation, at UCSD.
I didn’t get any raise either. And my company stopped matching the 3% for 401k. Still, it’s good to not HAVE to look for jobs.

[SD Transplant]

Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries

[UCGal]

[quote=SD Transplant]Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries[/quote]

Here are our data points from the past year.

My job (engineer): another 0% raise. Total salary freeze going on – even folks who got promotions are getting their old pay. Next month they will reinstated the 401k match, though. We got bonuses – but again they were much smaller than the formula/metrics called for.

Hubby’s job (architect): No raise. He was unemployed for several months last year and working half time since. We fully expect him to be unemployed again in the near future as there are no new contracts in his office. Also his employer has been cleaning house wrt records, etc… It looks like he’s going to retire and shut the doors. (It’s a small shop – owner + 2 part time employees – down from about 20 employees 3-4 years ago.)

We are living the statistic of real wages being lower YOY.

[UCGal]

[quote=SD Transplant]Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries[/quote]

Here are our data points from the past year.

My job (engineer): another 0% raise. Total salary freeze going on – even folks who got promotions are getting their old pay. Next month they will reinstated the 401k match, though. We got bonuses – but again they were much smaller than the formula/metrics called for.

Hubby’s job (architect): No raise. He was unemployed for several months last year and working half time since. We fully expect him to be unemployed again in the near future as there are no new contracts in his office. Also his employer has been cleaning house wrt records, etc… It looks like he’s going to retire and shut the doors. (It’s a small shop – owner + 2 part time employees – down from about 20 employees 3-4 years ago.)

We are living the statistic of real wages being lower YOY.

[UCGal]

[quote=SD Transplant]Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries[/quote]

Here are our data points from the past year.

My job (engineer): another 0% raise. Total salary freeze going on – even folks who got promotions are getting their old pay. Next month they will reinstated the 401k match, though. We got bonuses – but again they were much smaller than the formula/metrics called for.

Hubby’s job (architect): No raise. He was unemployed for several months last year and working half time since. We fully expect him to be unemployed again in the near future as there are no new contracts in his office. Also his employer has been cleaning house wrt records, etc… It looks like he’s going to retire and shut the doors. (It’s a small shop – owner + 2 part time employees – down from about 20 employees 3-4 years ago.)

We are living the statistic of real wages being lower YOY.

[UCGal]

[quote=SD Transplant]Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries[/quote]

Here are our data points from the past year.

My job (engineer): another 0% raise. Total salary freeze going on – even folks who got promotions are getting their old pay. Next month they will reinstated the 401k match, though. We got bonuses – but again they were much smaller than the formula/metrics called for.

Hubby’s job (architect): No raise. He was unemployed for several months last year and working half time since. We fully expect him to be unemployed again in the near future as there are no new contracts in his office. Also his employer has been cleaning house wrt records, etc… It looks like he’s going to retire and shut the doors. (It’s a small shop – owner + 2 part time employees – down from about 20 employees 3-4 years ago.)

We are living the statistic of real wages being lower YOY.

[UCGal]

[quote=SD Transplant]Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries[/quote]

Here are our data points from the past year.

My job (engineer): another 0% raise. Total salary freeze going on – even folks who got promotions are getting their old pay. Next month they will reinstated the 401k match, though. We got bonuses – but again they were much smaller than the formula/metrics called for.

Hubby’s job (architect): No raise. He was unemployed for several months last year and working half time since. We fully expect him to be unemployed again in the near future as there are no new contracts in his office. Also his employer has been cleaning house wrt records, etc… It looks like he’s going to retire and shut the doors. (It’s a small shop – owner + 2 part time employees – down from about 20 employees 3-4 years ago.)

We are living the statistic of real wages being lower YOY.

[patientrenter]

My increase was less than 2%, about average for my company. But the bonuses were decent. Mine totaled about 100% of salary. Better than last year. Which industry? The dreaded FIRE.

[patientrenter]

My increase was less than 2%, about average for my company. But the bonuses were decent. Mine totaled about 100% of salary. Better than last year. Which industry? The dreaded FIRE.

[patientrenter]

My increase was less than 2%, about average for my company. But the bonuses were decent. Mine totaled about 100% of salary. Better than last year. Which industry? The dreaded FIRE.

[patientrenter]

My increase was less than 2%, about average for my company. But the bonuses were decent. Mine totaled about 100% of salary. Better than last year. Which industry? The dreaded FIRE.

[patientrenter]

My increase was less than 2%, about average for my company. But the bonuses were decent. Mine totaled about 100% of salary. Better than last year. Which industry? The dreaded FIRE.

[Cube]

Software Engineer, ~1.5% raise, but 401K match was chopped in half, employee health plan contribution up, benefits down (higher copays, higher deductibles), some perks chopped as well.

Net, about a 7% pay cut. Good to have a job though, I suppose.

[Cube]

Software Engineer, ~1.5% raise, but 401K match was chopped in half, employee health plan contribution up, benefits down (higher copays, higher deductibles), some perks chopped as well.

Net, about a 7% pay cut. Good to have a job though, I suppose.

[Cube]

Software Engineer, ~1.5% raise, but 401K match was chopped in half, employee health plan contribution up, benefits down (higher copays, higher deductibles), some perks chopped as well.

Net, about a 7% pay cut. Good to have a job though, I suppose.

[Cube]

Software Engineer, ~1.5% raise, but 401K match was chopped in half, employee health plan contribution up, benefits down (higher copays, higher deductibles), some perks chopped as well.

Net, about a 7% pay cut. Good to have a job though, I suppose.

[Cube]

Software Engineer, ~1.5% raise, but 401K match was chopped in half, employee health plan contribution up, benefits down (higher copays, higher deductibles), some perks chopped as well.

Net, about a 7% pay cut. Good to have a job though, I suppose.

[AK]

IT, public sector, zero raise and no merit bonuses. Also increased pension plan contributions. Wish I had the kind of deal that Mish is always complaining about.

[AK]

IT, public sector, zero raise and no merit bonuses. Also increased pension plan contributions. Wish I had the kind of deal that Mish is always complaining about.

[AK]

IT, public sector, zero raise and no merit bonuses. Also increased pension plan contributions. Wish I had the kind of deal that Mish is always complaining about.

[AK]

IT, public sector, zero raise and no merit bonuses. Also increased pension plan contributions. Wish I had the kind of deal that Mish is always complaining about.

[AK]

IT, public sector, zero raise and no merit bonuses. Also increased pension plan contributions. Wish I had the kind of deal that Mish is always complaining about.

[Anonymous]

in 2009 i got:
1) 401k match axed
2) 4week vacation accural cut to 2weeks
3) 3 float days axed
4) 10% pay cut

so far this year we got 5% of the 10% pay cut back.
no raises on the horizon.

glad to have a job

edit: i’m a sw eng. my team went from 12 to 2 in the beginning of 2009. the company went thru ~25% rif last month…

[Anonymous]

in 2009 i got:
1) 401k match axed
2) 4week vacation accural cut to 2weeks
3) 3 float days axed
4) 10% pay cut

so far this year we got 5% of the 10% pay cut back.
no raises on the horizon.

glad to have a job

edit: i’m a sw eng. my team went from 12 to 2 in the beginning of 2009. the company went thru ~25% rif last month…

[Anonymous]

in 2009 i got:
1) 401k match axed
2) 4week vacation accural cut to 2weeks
3) 3 float days axed
4) 10% pay cut

so far this year we got 5% of the 10% pay cut back.
no raises on the horizon.

glad to have a job

edit: i’m a sw eng. my team went from 12 to 2 in the beginning of 2009. the company went thru ~25% rif last month…

[Anonymous]

in 2009 i got:
1) 401k match axed
2) 4week vacation accural cut to 2weeks
3) 3 float days axed
4) 10% pay cut

so far this year we got 5% of the 10% pay cut back.
no raises on the horizon.

glad to have a job

edit: i’m a sw eng. my team went from 12 to 2 in the beginning of 2009. the company went thru ~25% rif last month…

[Anonymous]

in 2009 i got:
1) 401k match axed
2) 4week vacation accural cut to 2weeks
3) 3 float days axed
4) 10% pay cut

so far this year we got 5% of the 10% pay cut back.
no raises on the horizon.

glad to have a job

edit: i’m a sw eng. my team went from 12 to 2 in the beginning of 2009. the company went thru ~25% rif last month…

[SD Transplant]

Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries

[SD Transplant]

Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries

[SD Transplant]

Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries

[SD Transplant]

Ok, time to revive this so please sound off for 2010 numbers. I don’t have anything on my side, but curious about other industries

[Scarlett]

[quote=LJ_UCSD]UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[/quote]

My husband is in the same situation, at UCSD.
I didn’t get any raise either. And my company stopped matching the 3% for 401k. Still, it’s good to not HAVE to look for jobs.

[Scarlett]

[quote=LJ_UCSD]UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[/quote]

My husband is in the same situation, at UCSD.
I didn’t get any raise either. And my company stopped matching the 3% for 401k. Still, it’s good to not HAVE to look for jobs.

[Scarlett]

[quote=LJ_UCSD]UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[/quote]

My husband is in the same situation, at UCSD.
I didn’t get any raise either. And my company stopped matching the 3% for 401k. Still, it’s good to not HAVE to look for jobs.

[Scarlett]

[quote=LJ_UCSD]UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[/quote]

My husband is in the same situation, at UCSD.
I didn’t get any raise either. And my company stopped matching the 3% for 401k. Still, it’s good to not HAVE to look for jobs.

[LJ_UCSD]

UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[LJ_UCSD]

UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[LJ_UCSD]

UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[LJ_UCSD]

UC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf

8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)

[JustLurking]

Raises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.

[JustLurking]

Raises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.

[JustLurking]

Raises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.

[JustLurking]

Raises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.

[CA renter]

Husband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.

For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.

I expect our combined income will be down by about a third this year compared to last.

[CA renter]

Husband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.

For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.

I expect our combined income will be down by about a third this year compared to last.

[CA renter]

Husband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.

For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.

I expect our combined income will be down by about a third this year compared to last.

[CA renter]

Husband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.

For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.

I expect our combined income will be down by about a third this year compared to last.

[CA renter]

Husband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.

For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.

I expect our combined income will be down by about a third this year compared to last.

[fat_lazy_union_worker]

$100000000000000000000000000000 dolllllllllars!

[patientrenter]

[quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.

[patientrenter]

[quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.

[patientrenter]

[quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.

[patientrenter]

[quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.

[patientrenter]

[quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.

[Coronita]

[quote=patientrenter][quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.[/quote]

No, I work in the public sector, in a government job…

I wasn’t smart enough to get into Goldman Sachs. So, I took the next best thing…Specifically, the SEC, and get paid watching pOrn. My upcoming bonus will depend on how much these guys are willing give away as a fine, so that I can pretend I’m doing my job.

[jimmyle]

2.5%, and 0% last year. Many coworkers were laid off so no complain.

[jimmyle]

2.5%, and 0% last year. Many coworkers were laid off so no complain.

[jimmyle]

2.5%, and 0% last year. Many coworkers were laid off so no complain.

[jimmyle]

2.5%, and 0% last year. Many coworkers were laid off so no complain.

[jimmyle]

2.5%, and 0% last year. Many coworkers were laid off so no complain.

[PatentGuy]

Flu says “Specifically, the SEC, and get paid watching pOrn.”

You must be a hard worker.

[CA renter]

My DH works in the public sector and they got no increase both last year and this year (and the smart ones are happy to get that).

Other public sector employees in the same field (but different employers) have had their pay cut anywhere from 5-15% and have had to increase their contributions to their retirement plans (some public entities are eliminating their contributions entirely and going to 100% employee contributions).

IMHO, the public sector (and any private sector businesses that rely on public spending) will lead the next leg down. There are probably going to be some pretty significant cuts in the next few years.

Our investment income, which I manage, is down significantly as I’m very bearish and have moved almost completely into cash at this point.

Overall, we are making about 20-30% less than a couple of years ago, mostly due to the decline in investment income, but we are glad we haven’t had any investment losses these past few years.

[CA renter]

My DH works in the public sector and they got no increase both last year and this year (and the smart ones are happy to get that).

Other public sector employees in the same field (but different employers) have had their pay cut anywhere from 5-15% and have had to increase their contributions to their retirement plans (some public entities are eliminating their contributions entirely and going to 100% employee contributions).

IMHO, the public sector (and any private sector businesses that rely on public spending) will lead the next leg down. There are probably going to be some pretty significant cuts in the next few years.

Our investment income, which I manage, is down significantly as I’m very bearish and have moved almost completely into cash at this point.

Overall, we are making about 20-30% less than a couple of years ago, mostly due to the decline in investment income, but we are glad we haven’t had any investment losses these past few years.

[CA renter]

My DH works in the public sector and they got no increase both last year and this year (and the smart ones are happy to get that).

Other public sector employees in the same field (but different employers) have had their pay cut anywhere from 5-15% and have had to increase their contributions to their retirement plans (some public entities are eliminating their contributions entirely and going to 100% employee contributions).

IMHO, the public sector (and any private sector businesses that rely on public spending) will lead the next leg down. There are probably going to be some pretty significant cuts in the next few years.

Our investment income, which I manage, is down significantly as I’m very bearish and have moved almost completely into cash at this point.

Overall, we are making about 20-30% less than a couple of years ago, mostly due to the decline in investment income, but we are glad we haven’t had any investment losses these past few years.

[CA renter]

My DH works in the public sector and they got no increase both last year and this year (and the smart ones are happy to get that).

Other public sector employees in the same field (but different employers) have had their pay cut anywhere from 5-15% and have had to increase their contributions to their retirement plans (some public entities are eliminating their contributions entirely and going to 100% employee contributions).

IMHO, the public sector (and any private sector businesses that rely on public spending) will lead the next leg down. There are probably going to be some pretty significant cuts in the next few years.

Our investment income, which I manage, is down significantly as I’m very bearish and have moved almost completely into cash at this point.

Overall, we are making about 20-30% less than a couple of years ago, mostly due to the decline in investment income, but we are glad we haven’t had any investment losses these past few years.

[CA renter]

My DH works in the public sector and they got no increase both last year and this year (and the smart ones are happy to get that).

Other public sector employees in the same field (but different employers) have had their pay cut anywhere from 5-15% and have had to increase their contributions to their retirement plans (some public entities are eliminating their contributions entirely and going to 100% employee contributions).

IMHO, the public sector (and any private sector businesses that rely on public spending) will lead the next leg down. There are probably going to be some pretty significant cuts in the next few years.

Our investment income, which I manage, is down significantly as I’m very bearish and have moved almost completely into cash at this point.

Overall, we are making about 20-30% less than a couple of years ago, mostly due to the decline in investment income, but we are glad we haven’t had any investment losses these past few years.

[PatentGuy]

Flu says “Specifically, the SEC, and get paid watching pOrn.”

You must be a hard worker.

[PatentGuy]

Flu says “Specifically, the SEC, and get paid watching pOrn.”

You must be a hard worker.

[PatentGuy]

Flu says “Specifically, the SEC, and get paid watching pOrn.”

You must be a hard worker.

[PatentGuy]

Flu says “Specifically, the SEC, and get paid watching pOrn.”

You must be a hard worker.

[Coronita]

[quote=patientrenter][quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.[/quote]

No, I work in the public sector, in a government job…

I wasn’t smart enough to get into Goldman Sachs. So, I took the next best thing…Specifically, the SEC, and get paid watching pOrn. My upcoming bonus will depend on how much these guys are willing give away as a fine, so that I can pretend I’m doing my job.

[Coronita]

[quote=patientrenter][quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.[/quote]

No, I work in the public sector, in a government job…

I wasn’t smart enough to get into Goldman Sachs. So, I took the next best thing…Specifically, the SEC, and get paid watching pOrn. My upcoming bonus will depend on how much these guys are willing give away as a fine, so that I can pretend I’m doing my job.

[Coronita]

[quote=patientrenter][quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.[/quote]

No, I work in the public sector, in a government job…

I wasn’t smart enough to get into Goldman Sachs. So, I took the next best thing…Specifically, the SEC, and get paid watching pOrn. My upcoming bonus will depend on how much these guys are willing give away as a fine, so that I can pretend I’m doing my job.

[Coronita]

[quote=patientrenter][quote=fat_lazy_union_worker]$100000000000000000000000000000 dolllllllllars![/quote]

Peanuts! You must not work in banking.[/quote]

No, I work in the public sector, in a government job…

I wasn’t smart enough to get into Goldman Sachs. So, I took the next best thing…Specifically, the SEC, and get paid watching pOrn. My upcoming bonus will depend on how much these guys are willing give away as a fine, so that I can pretend I’m doing my job.

[fat_lazy_union_worker]

$100000000000000000000000000000 dolllllllllars!

[fat_lazy_union_worker]

$100000000000000000000000000000 dolllllllllars!

[fat_lazy_union_worker]

$100000000000000000000000000000 dolllllllllars!

[fat_lazy_union_worker]

$100000000000000000000000000000 dolllllllllars!

[8bitnintendo]

Engineer (defense contractor), 3.8%. 401k match, “performance sharing” (bonus based on corporate metrics), vacation, etc. all maintained at the same levels since I started working here in ’06.

[moneymaker]

Last raise 0.8%, the lowest I’ve ever gotten,even though eval was good. I wonder if they start getting some calls from the competition about employment verification if I might not get a better raise next year. P.S> The company raised their prices 8%.

[moneymaker]

Last raise 0.8%, the lowest I’ve ever gotten,even though eval was good. I wonder if they start getting some calls from the competition about employment verification if I might not get a better raise next year. P.S> The company raised their prices 8%.

[moneymaker]

Last raise 0.8%, the lowest I’ve ever gotten,even though eval was good. I wonder if they start getting some calls from the competition about employment verification if I might not get a better raise next year. P.S> The company raised their prices 8%.

[moneymaker]

Last raise 0.8%, the lowest I’ve ever gotten,even though eval was good. I wonder if they start getting some calls from the competition about employment verification if I might not get a better raise next year. P.S> The company raised their prices 8%.

[moneymaker]

Last raise 0.8%, the lowest I’ve ever gotten,even though eval was good. I wonder if they start getting some calls from the competition about employment verification if I might not get a better raise next year. P.S> The company raised their prices 8%.

[8bitnintendo]

Engineer (defense contractor), 3.8%. 401k match, “performance sharing” (bonus based on corporate metrics), vacation, etc. all maintained at the same levels since I started working here in ’06.

[8bitnintendo]

Engineer (defense contractor), 3.8%. 401k match, “performance sharing” (bonus based on corporate metrics), vacation, etc. all maintained at the same levels since I started working here in ’06.

[8bitnintendo]

Engineer (defense contractor), 3.8%. 401k match, “performance sharing” (bonus based on corporate metrics), vacation, etc. all maintained at the same levels since I started working here in ’06.

[8bitnintendo]

Engineer (defense contractor), 3.8%. 401k match, “performance sharing” (bonus based on corporate metrics), vacation, etc. all maintained at the same levels since I started working here in ’06.

[CAwireman]

4% and glad to have a job actually.

[SD Transplant]

Got to love it how expectations change suddenly. Two weeks ago, I would have been angry at the prospect of a 2nd year w/out a raise. However, in the last 2 Fridays, two senior people from my old division were walked out, if one could call it quietly.

So, glad to have a job (2 years w/out raise so far but 401K match was increased 1 year ago).

[paramount]

2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.

[Anonymous]

[quote=paramount]2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.[/quote]

paramount,

i heard thru the grapevine another 350 were going this week. how is RB div going to get hit?

sounds like we’re going thru the same stuff. sorry it’s happening. i’m right there w/ ya!

[Anonymous]

[quote=paramount]2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.[/quote]

paramount,

i heard thru the grapevine another 350 were going this week. how is RB div going to get hit?

sounds like we’re going thru the same stuff. sorry it’s happening. i’m right there w/ ya!

[Anonymous]

[quote=paramount]2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.[/quote]

paramount,

i heard thru the grapevine another 350 were going this week. how is RB div going to get hit?

sounds like we’re going thru the same stuff. sorry it’s happening. i’m right there w/ ya!

[Anonymous]

[quote=paramount]2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.[/quote]

paramount,

i heard thru the grapevine another 350 were going this week. how is RB div going to get hit?

sounds like we’re going thru the same stuff. sorry it’s happening. i’m right there w/ ya!

[Anonymous]

[quote=paramount]2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.[/quote]

paramount,

i heard thru the grapevine another 350 were going this week. how is RB div going to get hit?

sounds like we’re going thru the same stuff. sorry it’s happening. i’m right there w/ ya!

[paramount]

2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.

[paramount]

2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.

[paramount]

2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.

[paramount]

2% ….. in the midst of major layoffs though.

PTO has been cutback.

401k has been cutback.

[SD Transplant]

Got to love it how expectations change suddenly. Two weeks ago, I would have been angry at the prospect of a 2nd year w/out a raise. However, in the last 2 Fridays, two senior people from my old division were walked out, if one could call it quietly.

So, glad to have a job (2 years w/out raise so far but 401K match was increased 1 year ago).

[SD Transplant]

Got to love it how expectations change suddenly. Two weeks ago, I would have been angry at the prospect of a 2nd year w/out a raise. However, in the last 2 Fridays, two senior people from my old division were walked out, if one could call it quietly.

So, glad to have a job (2 years w/out raise so far but 401K match was increased 1 year ago).

[SD Transplant]

Got to love it how expectations change suddenly. Two weeks ago, I would have been angry at the prospect of a 2nd year w/out a raise. However, in the last 2 Fridays, two senior people from my old division were walked out, if one could call it quietly.

So, glad to have a job (2 years w/out raise so far but 401K match was increased 1 year ago).

[SD Transplant]

Got to love it how expectations change suddenly. Two weeks ago, I would have been angry at the prospect of a 2nd year w/out a raise. However, in the last 2 Fridays, two senior people from my old division were walked out, if one could call it quietly.

So, glad to have a job (2 years w/out raise so far but 401K match was increased 1 year ago).

[CAwireman]

4% and glad to have a job actually.

[CAwireman]

4% and glad to have a job actually.

[CAwireman]

4% and glad to have a job actually.

[CAwireman]

4% and glad to have a job actually.

[Author]

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