Will you get a raise this year?

[boosami]

For non-self-employed members, I'm interested to hear people's thoughts on if they will receive a raise this year, or if the concensus is that it will be a reduced amount.

I read on another post the average raise is ~3%, which to me is really just an inflation adjustment. What percentage was your last raise, and what do you predict for the next one?

[momof1in150]

My DH is up for a promotion at his job. We will find out if it will include a raise. He did get a little over 3% COLA raise in January.

[Pitman]

Well after 3 1/2 years, my company's union finally agreed on a new contract this past November so everyone recieved a nice sized raise, and 3 years retroactive this past month. I'm very fortunate, and lucky to have been hired just around the time that past contract expired so I was eligible for all the perks of the new contract.

btw I work for the government.

In another month, I'll also be eligible for a much needed promotion. Hopefully, I'll be offered this promotion at my current job, if they don't, then I'll be applying else where. I refuse to stay stagnant.

[jIM_Ohio]

from my employer no- that announcement was made the same day they said layoffs were coming.

we will get more disposable income by cutting some expenses and paying off some student loans

[Caoineag]

I actually already did, but if you mean next year, I am not sure I will. I have been getting large raises because my value as a paralegal is still going up with each passing year. Not sure how long that will last but I am still on the upward trend. I think if my employer can afford it, I will still get a raise next year. Just depends on business.

[tulsa_sr5]

No raises this year, along with the 401k match being suspended, no bonuses, and I think that's about it for benefits cut so far. We weren't on track to qualify for bonuses as a company anyways, no where close to the goals they set early 2008. I'm not complaining about any of that...

[GREENBACK]

Contractually, I'm guaranteed a raise this year but the future isn't bright in coming years. The inflation that the porkulus bill will generate is going to make it even worse with no raises.

[mommyof4]

My salary is still being decided by the state legislature. I may go up, stay the same, or take a pay cut. My bets are on the pay cut.

[FoolFromAZ]

I work for one of the Top 5 banks.. you all know how well banks are performing.. no way I get a raise.. as long as I dont have a paycut I am more than happy.

[MonkeyMama]

Yes. I just got a 2% raise (lowest ever).

I have gotten pretty substantial raises in recent years as I have climbed up the ladder. I seem to be leveling out on the top, on one hand. On the other hand, the economy seems to have put a bit of a damper on things, though so far we haven't been affected much. Then again, my field is still extremely competitive, so I still can't quite imagine a year passing with absolutely no raise. But this year was less than expected, for sure.

Just a lot of factors at play.

[Goldy1]

My mom works for a very profitable specialty medical practice. They had no losses last year and did well. The raises were tiny b/c they are "anticipating" possiblly not doing as well next year. nice to not get a good raise b/c of possible future performance.

sheesh, my freind at walmart sd she isn't getting a raise.

[Angio333]

Yes,I have a 2% raise that goes in effect in April due to a union contract. After that, I do not expect to see a raise in our next 3 year contract.

[ea1776]

Originally Posted by tulsa_sr5

No raises this year, along with the 401k match being suspended, no bonuses, and I think that's about it for benefits cut so far. We weren't on track to qualify for bonuses as a company anyways, no where close to the goals they set early 2008. I'm not complaining about any of that...

Same exact situation for me.

[Uneventoast]

I am hoping to get a big raise at the end of this month. I will be with my firm for a year at the beginning of March and I know that I was brought in at the low end of the scale to see how I would perform. I am expecting a $10,000.00 but would be happy with $5,000.00.

[LivingAlmostLarge]

No raise for either of us. Although apparently DH gets a larger bonus by 4% for COLA. That's his raise, so they don't guarantee a higher salary.

[lookingforassistance]

Originally Posted by boosami

For non-self-employed members, I'm interested to hear people's thoughts on if they will receive a raise this year, or if the concensus is that it will be a reduced amount.

I read on another post the average raise is ~3%, which to me is really just an inflation adjustment. What percentage was your last raise, and what do you predict for the next one?

Currently we're all still scheduled do receive a raise this year. However to offset the economy our company pushed annual raise from April to July.

[Snowgirl]

Still waiting on that. We completed the yearly "evaluation" process a few weeks ago, and normally the raises are effective March 1st (we often get the numbers after that though!) 2008 was very good for our branch (even the last quarter), and our president was confident and positive when presenting this year target numbers, but you never know. Every excuse is good to not give out anything (even COL)

[tripods68]

DW got 3% raise last month. I'm scheduled to receive my 5% increase in June.

[nmboone]

I just got my raise on the 28th of January. I work at Walgreens as a pharmacy technician and I got .25 cents. I think that's kind of ridiculous since when I worked at McDonalds as a teen, I got .15 every three months. Our raises aren't based on performance or seniority, everyone just gets .25 a year. Every year I keep hoping for more, but nope just the .25 that I got every previous year. BTW, I've been working at that place for 5 years. I really hope I can find another job in a few months when I graduate.

[whitestripe]

i'm on an award rate so my rate climbs every year until i reach 21 (which i did last year) now i can only expect about a 15c per hour raise :S woo!