masterrig 1 #26 July 21, 2005 QuoteQuoteQuoteQuote The last job I held before going into business fo myself, the average raise was 3%. That's the last raise I've seen. Chuck I bet you missed out on a promotion also _________________________________ After 17-yrs. I'd had about enough of the bull-shit, saw the opportunity and walked-off! I'd been promised a promotion for 16 of those years! Chuck I used to work for a financial institution and was told we we're all one big family. A family that would share its fortunes and it's misery equally amongst it's members. Translation: if you're not on the board of directors, you're screwed. I also walked away, started a business for myself and never looked back. Damn, the best decision I ever made. _______________________________ I know what you mean! I got the 'family tale', also but, I got the misery and they got the wealth! I didn't say a word to anyone. I just got in my jeep and hauled ass. Like you, I never loked back either. Three months later, I had built my own shop and started full-time rigging. I used the money from my savings account with that company plus my last pay check. I felt so much lighter. Oh, by the way. My girlfriend at the time asked me the day I walked-off if, I wanted to get married the next day! I thought she was nuts! We did and we're here together and that was 9-yrs. ago. To the good life! Chuck Quote Share this post Link to post Share on other sites
fueler 0 #27 July 21, 2005 10% every 1200 hours of work. live well, work union. my next increase will be my last....sort of. 15% from where im at now. hell, it lets me jump as much as i want....thats all i care about right now. **************************************** what!? Quote Share this post Link to post Share on other sites
Snowwhite 0 #28 July 21, 2005 Depending on the salary, raises are necessary. I'm more of a believer in bonuses... even though they get taxed differently I spent many years in government admin. We LOVED people who loved bonuses. They save the company in the long run. Raises are percentages of PREVIOUS raises, bonuses are percentages of STAGNANT wages. Your pension and social security and all kinds of additional things are based on your wages. So the lower your wages continue to remain, the fewer dollars required by the company to fund things like SS and pensions, which means in the long term, you lose. Remember that a bonus spent now, means pensions of the future, gone.skydiveTaylorville.org freefallbeth@yahoo.com Quote Share this post Link to post Share on other sites
sunshine 2 #29 July 21, 2005 QuoteSunshine, Example: Last year you made 20k. This year you make 25k. Take the difference (5k) and divide by last years salary. In this case 5 divided by 20 = 25% raise. Thank you. I got an 11% raise. Oh, and i get bonuses too. FYI, if a bonus gets labeled a "reimbursement expense" they're not taxed. ___________________________________________ meow I get a Mike hug! I get a Mike hug! Quote Share this post Link to post Share on other sites
Amanda965 0 #30 July 21, 2005 QuoteWas my raise this year. Is that par, subpar? Let's see what others got or normally get. I got 1% one year and told my boss to slap me instead. Most I've gotten is 6% and that was an extremely busy year. At my work, if you do an "average" job, I give you a 3.5% increase. Above and beyond goes somewhere between 4-5% with the possibility of earning or losing 1% based on your good/bad attendanceBlue skies and SAFE landings! ~Amanda~ Quote Share this post Link to post Share on other sites
gravitational 0 #31 July 21, 2005 There was a report on CNN today... The current rate of inflation is 3.1% The average raise in this year is 3.4% If you got 4%, you're doing better than the averages.------ Michael Quote Share this post Link to post Share on other sites
