I overheard a few colleagues mention that they got lower pay-for-performance salary increases this year despite consistent performance review scores. The same thing happened to me. Since there's a small chance it could just be something affecting our team or office, I was wondering if anyone else here has experienced this? I'm worried that it could be a sign of more trouble to come, since it would mean that the execs are still cutting expenditures anywhere and any way that they can if it isn't limited to our team/office.
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Strong/Strong here, with an increase of over 4% and over 150% target bonus. So I don't think your experience is universal.
I got a Strong/Strong but my compensation was the lowest I've ever gotten