avg raises since 2008

[FXCLM5]

Those who work for "the man" and not for themselves

What was the highest raise you got and the lowest raise you have gotten for the past 10-11 years after the 08 recession?

If you had title changes I guess it doesnt count, just trying to get a ballpark of avg raises people get in bay area, if seriously tech valley is like 20% raises a year, then imma move into my cousins spare bedroom and work in bay area instead of north bay.

 

[Akira-R]

I've gotten from 0% to close to 40% raises.

It's all dependent on your company, job, boss and of course performance. Some of the larger raises were mostly because i was underpaid for the position to start with. After i proved myself, they brought me up to and past avg.

 

[Silence]

I think it's important to recognize that switching employers, growing your title or even changing your role entirely are going to be the primary drivers for increasing wages over time. Additionally, it's important to track changes in compensation in an annualized format so you're making equivalent comparisons.

For myself, I've had net negative percentage changes all the way up to 40% annualized gains. For the past three and a half years under the same title range (base to senior), I've experienced a 30% total gain which is annualized out to be roughly 9%. It looks like I'm staying ahead of inflation? :dunno :laughing :laughing

 

[FXCLM5]

I avg 3-5% since 08, and have been told thats really good for what the company gives out for other departments.

 

[295566]

20% raises aren't happening unless you're bouncing from company to company every 6-24 months (which is extremely common).

 

[DTM74]

When I stay at a company I get a 3-4% raise. When the new company recruited me, they gave me a 25% raise to pull me away

 

[JesasaurusRex]

changing companies to make more money doesn't fall under the raise category for me. A raise means you were paying me something else before (not 0 lol)

 

[Yakoo752]

1 employer, 6 years, 4 roles

Avg 15-ish% increase per year

I’m an anomaly in my org. I’ve had phenomenal managers.

Healthcare tech.

 

[UDRider]

Yeah unless you bounce or switch roles I don't think most get raises outside 2-5%. That being said companion throw in $-$$$ cash/RSUs bonuses.

 

[CABilly]

Only tech? I have a union and we pretty much average 3% per year in our contracts. With adding a college degree, changing roles, and a seniority bump I make a little more than 4x what I made in 2008.

 

[Blankpage]

20% per year raise wow that would be nice, double your income every 4 years.
Where do I drop off a resume.

 

[kuksul08]

Like 2-3%, doesn't even keep up with inflation. Only way to get more is to switch jobs or get promoted.

 

[FXCLM5]

fml i am barely making 2x since 08, like 1.5?

 

[UDRider]

Like 2-3%, doesn't even keep up with inflation. Only way to get more is to switch jobs or get promoted.

Inflation is not higher then 2-3%.

fml i am barely making 2x since 08, like 1.5?

Well kind of depends on starting point.

 

[mean dad]

Same job title and responsibilities at the same company for ten years, now making about +/- triple what I started at.


Most definitely not tech.

 

[SFSV650]

Inflation is not higher then 2-3%.

Depends on how you look at it. I live in the bay area so the following is how I evaluate my income vs inflation.
https://www.bls.gov/regions/west/news-release/consumerpriceindex_sanfrancisco.htm

Raises? Probably zero, unless we count reversing a pay cut.
Income growth has been substantial, but all from moving to the same role at a competitor.

 

[afm199]

Social Security has been really mean to me. Not much at all. Now you people stop wasting your time on the internet and go back to work. I need the money.

 

[UDRider]

Depends on how you look at it. I live in the bay area so the following is how I evaluate my income vs inflation.
https://www.bls.gov/regions/west/news-release/consumerpriceindex_sanfrancisco.htm

Raises? Probably zero, unless we count reversing a pay cut.
Income growth has been substantial, but all from moving to the same role at a competitor.

I was referring to national, but sure in a local area it can be higher.

 

[Eldritch]

Those who work for "the man" and not for themselves

What was the highest raise you got and the lowest raise you have gotten for the past 10-11 years after the 08 recession?

If you had title changes I guess it doesnt count, just trying to get a ballpark of avg raises people get in bay area, if seriously tech valley is like 20% raises a year, then imma move into my cousins spare bedroom and work in bay area instead of north bay.

My agency for the last 7 years gives 2-5% depending on performance review. 5% should be exceptional and rare, but some supervisors try hand them out like candy.

I think I have changed titles 6 times in 7 years, so I haven't really been a part of that process, lol.

 

[wazzuFreddo]

Social Security has been really mean to me. Not much at all. Now you people stop wasting your time on the internet and go back to work. I need the money.

Work here has been over for 20 minutes but I am stuck here listening to west coast meetings