The money is rolling in. I got a raise
When it rains, it pours. I just posted that I got my $4,949.80 tuition reimbursement direct deposit, but while I was typing that up, my boss called me over to tell me the results of my performance review. We sat down last Friday to review my performance since my 6-month review. I actually had my 6-month review at about 9 months, so my 1-year review was at 14 months. Go figure.
Anyway, I know that I have areas of improvement, but apparently I’m more critical of myself than my boss is of me, and I got a 4% raise at my first review. He, and the team, recognize that I’m the leader of this project (but I don’t have that title), and that made me feel all warm and fuzzy inside. Now if only my eye would stop twitching.
Today, I found out that my boss submitted me for a 2.67% raise (actually a flat amount, but I can’t give that out, so I converted it to a percent), and heard back today from HR that it was approved. For the year, that’s just shy of a 7% raise!
It’s nowhere near the 13% raise I got in my first year at my first job out of college, but it almost matches year two of that job. I feel like I’m peaking at the top of the pay range for my age and experience (in my field. I’m above it compared to other fields), so I don’t know if I can expect high raises like this in the future. Overall, I’m almost making double what I started at a little over 6 years ago. However, my boss informed me that I’m a different pay scale because of my specialty. Once I get my Masters degree, I’m unstoppable!
Granted, I couldn’t be making what I am now had I stayed at my first employer, but I have them to thank for my foundation. I gained those pay increases through a series of job changes, which you can read about in “In a pay raise slump? Sometimes you just need a new job“. Right now I’m making 35% more than the day I left that company 2 years ago. But I sure do miss the benefits! (adoption and tuition mostly)
This is a good way to close out a mediocre week.
Congratulations! Good for you. You must be a pretty valuable asset to your company.
Congrats! I love hearing about people earning pay raises.
Your other post was great in showing how your pay increased as you switched jobs.
Very nice! I got about 14% in raises this year, but I expect next year won’t be as good. Probably only 2-3%. However I’m eligible for some good bonuses so I’ll be happy anyway!
Congratulations! More money from the day job is always a good thing.
Wow, that is great!! Try and come back to this place in the next 12 months when you are feeling unappreciated. Good luck for continued success!
Clever Dude says
Thanks everyone! I only have a little over 5 more hours before I might be able to say that Friday the 13th wasn’t unlucky for me.
Family Savings says
That’s great! Keep up the great work Cleverdude.
Good for you! There aren’t any better things a company can do to tell you how much you mean to them than by giving you a raise.