My company lists "yearly" raises as a perk. This was also brought up during my lateral move job offer in April: my boss said that my current pay rate was competitive.He also mentioned that, while there was no bonus structure for my role, he said that I'll still have my yearly raises, acting like this is justification for my hourly rate.
But I'm stuck on this. My year anniversary is every May. My "yearly" raise was tacked on in January. How could this be based on performance when my overall performance was measured in May?
But I'm also stuck on the fact that my raise was only 3%, meanwhile the inflation rate for 2018 was 2.44%. Is my thinking correct in that these 2 figures are associated? If so, my raise was mainly to account for inflation and not at all performance based.
Submitted July 02, 2019 at 06:48PM by throwtheBenAway https://ift.tt/2xtQ1Kk
