What Salary Increase Should I Expect?

 

Q.  It’s been more than a year since I got a raise.  My supervisors say I’m doing a good job, and I get positive comments from my clients.  I know it’s a weird economic time, but no one has said anything about a formal performance review or increase.  What should I expect?  –TP

A.  Since your last review and increase occurred more than a year ago, you should simply ask your supervisor or HR manager about normal timing of performance reviews.  This may be all that it takes to trigger the process.  Some organizations have frozen salary increases or delayed them, but performance reviews still should be conducted.  One year salary adjustments are normal for individuals below the VP level, while more senior positions sometimes average 18 months to two years.

As far as what to expect, U.S. Labor Department statistics indicate that the average annual wage increase during the past 12 months was 1.8%, the lowest amount since the government started tracking salary increases nearly 30 years ago.  Keep in mind that’s for the “average worker,” which means some individuals get less and others get more.   

You might want to check out the handy Pay Raise Calculator to determine the impact of potential percentage increases awaiting you.  About.com also offers an interesting Salary Comparison and Salary Calculator that allows you to determine what various PR positions pay in your geographic area. 

One thought on “What Salary Increase Should I Expect?

  1. It’s a pity that you haven’t been given more responses here!

    You really need to commit to asking your boss directly for a pay raise. Unfortunately if you don’t ask for a pay increase then it’s not going to happen.

    Set a formal time to sit down with your boss, prepare beforehand and outline exactly all of the different manners in which you directly make the business money. Try wherever possible to quantify the the time and money that you either make or save the business.

    Come up with an exact request of what you are going to ask for, gather the necessary evidence of similar roles in the market and then rehearse rehearse rehearse!

    Good luck!

    Sean The Pay Raise Guy

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