|
A 6% raise by itself and compared to others in the economy is massive. Most friends are offering their employees about 1% and never more than 2%. BTW inflation is running at what - 2%?
The question cannot be answered in terms of percent alone. Many bosses want to determine raise only in terms of previous pay. Some people are underpaid and eventually learn it. If the inequity is not corrected, a firm will have both an adversarial employee and then lose talent. High performance employees are often ones first brought in with low or moderate pay. They expect a raise to compensate for the job they are performing better than their peers - especially after learning how much others are getting paid and discovering how much better they were than they first thought.
IOW it is not reasonable to answer this question without information on peer performance and pay. But too often, bosses don't want to measure an employee to what others are doing. They want to restrict the analysis only to what the employee was paid previously.
|