End of year reviews and pay raises

I may be lucky but I work for a small family owned shop and our arrangement has always been that I'll work my ass off and they will take care of me. They have been very very good to me. If the phone rang at 2 in the morning asking me to get to the shop I'd be out the door coffee in hand.
A lot of folks also forget to consider the cost of benefits, I think the word makes them think benefits grow on trees. My employer doesn't have to offer Health Insurance but they do. They don't pay it all but they do pay what equals $8 an hour. When you toss in vacation days, holidays and (if you get them) sick days benefits can add up to a significant cost.
 
Jus Jim said:
I may be lucky but I work for a small family owned shop and our arrangement has always been that I'll work my ass off and they will take care of me. They have been very very good to me. If the phone rang at 2 in the morning asking me to get to the shop I'd be out the door coffee in hand.
A lot of folks also forget to consider the cost of benefits, I think the word makes them think benefits grow on trees. My employer doesn't have to offer Health Insurance but they do. They don't pay it all but they do pay what equals $8 an hour. When you toss in vacation days, holidays and (if you get them) sick days benefits can add up to a significant cost.
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Sounds like you and I are in the same boat.
 
Jus Jim said:
I may be lucky but I work for a small family owned shop and our arrangement has always been that I'll work my ass off and they will take care of me. They have been very very good to me. If the phone rang at 2 in the morning asking me to get to the shop I'd be out the door coffee in hand.
A lot of folks also forget to consider the cost of benefits, I think the word makes them think benefits grow on trees. My employer doesn't have to offer Health Insurance but they do. They don't pay it all but they do pay what equals $8 an hour. When you toss in vacation days, holidays and (if you get them) sick days benefits can add up to a significant cost.
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A lot of people complain and forget about these things. Shamefully I was one of them. You learn a lot when you break out on your own.
 
browneye said:
what is this sick day and vacation you speak of?
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Worked 32 years, since 1983, never had a paid sick day or vacation day. Haven't even taken a full weeks vacation since 2002. No benefits. No matching contribution.

Self-employment is the greatest!
 
Jus Jim said:
A lot of folks also forget to consider the cost of benefits, I think the word makes them think benefits grow on trees. My employer doesn't have to offer Health Insurance but they do. They don't pay it all but they do pay what equals $8 an hour. When you toss in vacation days, holidays and (if you get them) sick days benefits can add up to a significant cost.
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That's why I said where I work the benefits are stellar even though the raises are meh. If I had to pay for it all on my own I'd go broke!!!
 
Dang!! Yall need to get into the forklift repair business! !! 30+ per hour, 3 to 4 weeks paid vacation, 500 to 1000 Christmas bonus plus we all got yeti can coolers and yeti ramblers:rockon:and you don't have to pay for gas!!!:D
 
We always get only 1-2% raise in June. No others plus they increase our health care costs & decrease the coverage so we end up making less.
 
I work for a cheap,greedy,republican bastard.No paid time off,no overtime pay and no paid vacation since at least 1998.Ins and retirement are a joke and I have to use my own cell phone for comp business @ my expense.
 
Been with the company 5 years and it's been 3% every year except the first year was 4.5%. I'm up to 20 days PTO which is nice, but otherwise the benefits are just ok.
Only way to get a bigger raise around here is the change jobs within the company (0-10% depending on the manager and financial situation) or to leave and come back. We also get a year end bonus of 4-6%.
 
And this is why people started jumping from job to job to job. To get a pay raise.

I have worked for the same company for about 6 years. I have since more than doubled my salary. I've only changed positions once in the company. And that was a $13k jump.

If I'm working harder and taking on more and someone isn't going to compensate me, screw working their.

Thanks for all the replies. It's been very insightful.
 
I can remember back about a million years ago, (early 80s) when I worked for a Company that gave an annual performance review. I had people working under me that had literally not missed a day or been late in 5 years. They met all the production standards and did excellent work. Here is your 13 cents. The next person may miss every Monday after payday, be late from lunch or break regularly and do so so work. Here is your 11 cents. 2 pennies difference between a stellar employee and a warm body. That's a motivator.
 
Jus Jim said:
I can remember back about a million years ago, (early 80s) when I worked for a Company that gave an annual performance review. I had people working under me that had literally not missed a day or been late in 5 years. They met all the production standards and did excellent work. Here is your 13 cents. The next person may miss every Monday after payday, be late from lunch or break regularly and do so so work. Here is your 11 cents. 2 pennies difference between a stellar employee and a warm body. That's a motivator.
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This is my complaint about the big company I work for (and probably most big companies). If I got 3%, Johnny Slackass and Suzy Sitzaround both got 2.5%. Boss man tells me 3% is the highest he gave anyone this year, which is probably true, but there's little differentiation between contributors, non-contributors, and inhibitors.
 
jeepinmatt said:
Only way to get a bigger raise around here is the change jobs within the company (0-10% depending on the manager and financial situation) or to leave and come back.
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There are a handful of engineers at my work who left the company and came back. They all hold a title one level higher than other engineers with the same years of experience. That is just the way the world works.
 
At my last company, it was amazing what "directors" would talk about when they had a few too many drinks at the Christmas party.

Work my ass off and be a slave = more work and not more $
Brown nose and suck up and be slack = $ and time off as needed.



I soon left and my boss was stumped why... LOL
 
mbalbritton said:
And this is why people started jumping from job to job to job. To get a pay raise.

I have worked for the same company for about 6 years. I have since more than doubled my salary. I've only changed positions once in the company. And that was a $13k jump.

If I'm working harder and taking on more and someone isn't going to compensate me, screw working their.

Thanks for all the replies. It's been very insightful.
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Yep.
I worked for the same company (a fortune 200 and global company) for 9 years. Had a few national awards and listed on 3 different patents the company still uses today. It was a salary + commission role, I was told "every SE in a region makes the same salary, more commission = more income go earn more".

Well when I am training your recent grads and being asked to go to meetings regularly to "fix" their screw ups that they dont know how to fix, nor does the sales and engineering manager...I started to feel under compensated. All that time helping the team PREVENTED me from increasing my regional sales and there by increasing my compensation.

But I LOVED my job and the company. Scheduled a meeting with the SVP to discuss. He told me he understood but apologized profusely as it was "totally impossible" to give a raise to the base for my position.

Well I found out that one of my counterparts had gotten a base pay raise when he flirted with a competitor, and said competitor had an opening in my area so I made a phone call. 1 interview and I had an offer. A Base of $45k MORE per year and a better commission split. I accepted and when I turned in my notice to the same SVP he immediately (without consulting HR or anything) offered to match the base plus $5k/year. (A $50k/yr bump when he had said 3 weeks before I was totally maxed out) at that point I had given my word to the new company I was coming though, so it was too late.

Those numbers illustrate what is wrong with the corporate culture. It would have taken a lifetime to ever get a $50k raise at 2% yeear, and we didnt even get that. Yet when faced with the prospect of losing their most productive employee, suddenly it was "an easy decision".

Take care of your people and they wont leave.
 
mbalbritton said:
2014 we grew by 45% and 2015 by another 60%. I'm the production manager and 3rd in line so I damn well better see a raise for the shit I did! [emoji35][emoji12]
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Well I just need to come work with you then! I need a new Job anyways.

I was always informed by my employer that cost of living raise was 2%.....
 
%3 every year for the past 15 years. 4 paid weeks vac. matched 401K, Great Ins. salary. Been with this company since 1996. Also get paid to travel the globe & fix product or train operators on product when needed.
 
Jus Jim said:
A lot of folks also forget to consider the cost of benefits, I think the word makes them think benefits grow on trees. My employer doesn't have to offer Health Insurance but they do. They don't pay it all but they do pay what equals $8 an hour. When you toss in vacation days, holidays and (if you get them) sick days benefits can add up to a significant cost.
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I'm guilty of not considering the cost of my benefits package! My insurance is free (as long as I meet health requirements), 5% to 401k (regardless of my contribution), matched local retirement, 11-12 holidays, + accrued vacation & sick.
 
Ron said:
Well I found out that one of my counterparts had gotten a base pay raise when he flirted with a competitor, and said competitor had an opening in my area so I made a phone call. 1 interview and I had an offer. A Base of $45k MORE per year and a better commission split. I accepted and when I turned in my notice to the same SVP he immediately (without consulting HR or anything) offered to match the base plus $5k/year. (A $50k/yr bump when he had said 3 weeks before I was totally maxed out) at that point I had given my word to the new company I was coming though, so it was too late.

Those numbers illustrate what is wrong with the corporate culture. It would have taken a lifetime to ever get a $50k raise at 2% yeear, and we didnt even get that. Yet when faced with the prospect of losing their most productive employee, suddenly it was "an easy decision"..
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That's pretty much what happened to me about 10 or 11 years ago when I decided to leave the job I had and go back to school. They offered me almost double my salary to not leave, which insulted me pretty good. It was flattering that they though I was worth that much, but insulting that they didn't offer it before that point.
 
I just left my job of 5 years. I had company paid benefits (decent BCBS health, vision, and dental), at 5 years I was just starting to accrue 3 weeks of vacation time per year, I had a 401k match up to 5%, and we worked 5-3 Monday to Thursday.

HOWEVER: I started at 13 an hour. I worked every piece of equipment and every department they asked me to. I worked night shift for a year and a half. I worked shipping and receiving as well as my usual machine shop duties on nights and sometimes ran the blast booth. Hell, I even helped maintenance when they needed it, mowed grass, and welded! When I left, I had been running a flame cut table for 2 years. I had worked up to 15.76 an hour. I wasn't paid what I was worth at all. I didn't blame the owner of the company, just the production manager and my supervisor. The production manager's step son was making 28 an hour and you can't tell me it had nothing to do with them being related! They didn't offer me a dime to stay, but everyone said they hated to see me go. :rolleyes:

So, now I'm a federal employee. I started last Monday. It was damn near a 10 dollar an hour pay raise. Insurance is MUCH better coverage, even if I do have to pay for it. We're supposed to get a cost of living increase around March, so I've been told. Also, 6 months from my start date, I should pick up my step 2 and each year after I should pick up the next step until I get to step 5. In 30 years, I can retire and do what I want! At my last job, I really feel like I'd be 75 years old and still working...and not making crap for money!


The hopes and dreams of my last production manager don't pay my bills. My mortgage company prefers US Dollars.
 
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