See, I like good raises (10%+ per year). The main reason to start looking for new jobs is that 2% annual raises are quickly outpaced by the 10-20% increase in

See, I like good raises (10%+ per year). The main reason to start looking for new jobs is that 2% annual raises are quickly outpaced by the 10-20% increase in market wages. Plus, I feel like jobs that give double-digit raises also have better processes in place for performance reviews. Places giving out 3% a year almost always just go through the motions on performance reviews, since each manager can only give out one or two "good" raises. Even if you did a great job, they are kind of forced to hand over their one 5 star review to the person who always gets them.