alt Hacker NewsStandard across the board percentage raises have been the case where I work for the last 5 years or so. Nothing for merit. You can get a bump if your job title changes but not simply for good performace.
It doesn't motivate anyone to do anything above and beyond expectations, obviously.
Replies
SpaceNoodled • yesterday at 9:17 PM
Which is why this needs to be paired with performance incentives. Base pay increases to address attrition, and perf comp to drive engagement and retain top talent.
Does this mean that year over year people actually lose money to inflation if the only way to get an increase is with a job title change? That sounds pretty damn horrible to me.