3 ms·
Well, if salary compression wasn’t a thing and companies kept internal raises consistent with market rates, that might be tenable.
by scarface_74 2y ago
Well, if salary compression wasn’t a thing and companies kept internal raises consistent with market rates, that might be tenable.
- bluGill 2y agoBig companies give a 7-10% raise to everyone every few years to get back to competitive. I agree this is a big problem with the industry, but the C suite doesn't realize that. I always check the yearly inflation rate just before raises are announced to see how my raise compares to inflation - as a senior engineer I don't expect a raise anymore, I expect my salary to match inflation though. Often I get a pay cut every year instead. It has gotten bad enough that I moved (I found a transfer in the same company which came with a raise to the next pay grade - in that in turn pushed the old management to realize they had real problems with not giving promotions and a bunch of people who didn't move finally got their deserved promotion)