Thanks to runaway inflation, if you don’t get a meaningful raise this year then you effectively got a pay cut.
Most employers already know this and are planning to give the highest amount in raises since the housing crisis.
A closed mouth doesn’t get fed
google.com/amp/s/www.wsj.…
Most employers already know this and are planning to give the highest amount in raises since the housing crisis.
A closed mouth doesn’t get fed
google.com/amp/s/www.wsj.…
The Wall Street Journal article has some good advice on getting a raise.
Compensation is market based not inflation based. You get a raise because people at your skill level are worth more (check levels.fyi ) not because the inflation rate went up x%.
Compensation is market based not inflation based. You get a raise because people at your skill level are worth more (check levels.fyi ) not because the inflation rate went up x%.
In tech, a meaningful number of companies did one off compensation increases last year because market rates have gone up.
It’s worth exploring and securing job offers outside your current company if you missed the wave last year. You’re likely underpaid.
blog.pragmaticengineer.com/off-cycle-comp…
It’s worth exploring and securing job offers outside your current company if you missed the wave last year. You’re likely underpaid.
blog.pragmaticengineer.com/off-cycle-comp…
MANGA companies have been holding the line on blanket raises but Apple finally blinked last month. In addition, new hires are coming in at higher levels than they would have a few years ago.
This is the best time in years to switch jobs to get a raise.
forbes.com/sites/jackkell…
This is the best time in years to switch jobs to get a raise.
forbes.com/sites/jackkell…
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