Blue side, PL, decent tenure.
Received 1.9% raise for 2024.
Met expectations.
Should one take this as a signal that they're not wanted here and move on? Generally have a strong relationship with manager. Shocked by low raise compared to peers (3%+).
Wish it was more direct, just let me know and I'll look elsewhere as LinkedIn has steady influx of (IT) recruiter messages.
This is supposed to be a merit raise. So do we not also merit a cost of living raise? This company doesn’t give a rat’s a-s about it people, it’s quite obvious to anyone with open eyes.
Was told I would get a raise and then they “restructured pay” so that was thrown right out.
If you have a good relationship with your Mgr this is something you should be able to discuss with them. As others said, to pay Exceeds above 3%, others had to get below 3%. 1.9% with meets, I wouldn't read into that too much but if you're concerned you could bring up your IDP and Career goals to your PL and ask what Exceeds would look like in your role.
Buddy you're no PL if you got 1.9%. I'm a individual contributor and got 2.6% with Meets Expectations. We really don't need PLs in STS they add absolutely no value to anything. All my manager, lead, PO and architect do is ask me for the information and relay it to someone else I can do it myself. Seriously at Schwab PLs are of no use.
Depends on where you are in the salary range for your grade. If you are above 50% I can see why the merit would drop
Look and interview. Worst case is you find another role and have a decision to make.
2% is mets, but it means you are working for less money net after inflation plus the added expense of RTO. Enjoy rewards like that for a few years and, well, appreciation like that will leave you bankrupt.
PL60. There has definitely a push the past couple of years to reward high performers. This comes at the cost of comp to those who were ME. Even when I disagreed I was over ruled. I think it’s a company wide push. I wouldn’t read too much into it about you personally as much as it’s a result of rewarding the EE or FE employees. There is only so much money to go around.
It doesn’t mean you’re not wanted or they would have laid you off or fired you or at least given you a does not meet or inconsistent. But it does mean others in your org ant your level are wanted more. So they won’t protect you but will prioritize others. They don’t mind of you leave. But they don’t think you’re underperforming.
2% isn’t average. It’s zero sum…. Somebody else got your money if you were below 3%.
were your peers also ME? I saw quite a few 2%'s, I would almost say it was the average... I wouldnt personally read into it. Was the summary negative?