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Old 03-15-2006, 11:34 PM   #1
verve247
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Raise Question

Let's say you get a raise. Does your salary increase as a percent of your yearly salary or a percent of the time you worked for the company?

example: You make $50k a year and earned a 5% raise at years end. But you only started work in June (half of the year). Is your raise a 5% increase from 50k or 25K?

I am curious about people's experiences and if there is a standard that is applied.
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Old 03-16-2006, 12:32 AM   #2
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My experience has been to not get a raise until after at least a year, but other people I know have had it pro-rated.
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Old 03-16-2006, 12:41 AM   #3
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It's just the way the company spins it.

If your salary goes up $2500, you got a 5% raise. If your salary goes up $1250, you got a 2.5% raise.

They can say that you got a 5% pro-rated raise, but since there are no guarantees that you will get a raise in the future, the percentage number is just a way to make the numbers look better.
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Old 03-16-2006, 05:20 AM   #4
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in my company it was pro-rated. 50,000*((7/12)*.05)
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Old 03-16-2006, 10:00 AM   #5
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my company prorates it if you start after mid-year, but if you start the day before the magical day, you get the full amount. I think the percent is prorated, and you get it against your contracted annual salary.
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Old 03-16-2006, 11:29 PM   #6
verve247
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Okay, I guess. I am really dissapointed at a 5/12 pro-rated raise. I knew my bonus was going to be pro-rated, but I was not expecting the raise also.
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Old 03-16-2006, 11:50 PM   #7
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It's common, but it's a load of crap. At our company each manager gets a bucket of money from corporate that is x% of all salaries in the group. It doesn't matter to the bucket that an employee has been there less than a year. The new guy gets less than x%, and this allows the manager to give more to others.
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Old 03-17-2006, 06:40 AM   #8
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I was in the same boat a few years back and while I got a very good % raise, it wasn't worth much after it was prorated. I would imagine it is the SOP in corporate america, especially if you have been there for less than a half a year.

I wouldn't be too upset about it though, I'm sure there are companies out there that don't offer raises until you have been with the company for more than a year.
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Old 03-17-2006, 07:33 AM   #9
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Not at the companies I have worked for. If you received a 5% raise and you have worked less than a year you still receive a 5% raise for your annual salary.
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