Raises as a tradition are dead. Sure, there might a few companies that do give raises who are surrounded by oceans of those that don't. You might get a cost of living increase. Last year my previous employer gave us an increase 2.35%. Meanwhile, out workload continued to increase even while management had no idea why. Yeah, ok. I got a new job and now I'm making 35% more and working a hell of a lot less. Oh and my supervisor isn't a paranoid fuck like the last one.
You need to understand that as an employee you're under the effects of economics. You're not immune to it. Employers are quite happy not to give raises if you're willing to stay without one. Unfortunately, most of your co-workers are going to stay where they are in the hopes they get a tap on the shoulder for their years of loyalty or they have no ambition. You really shouldn't stay in a position for more than a year if there's no upward mobility to be had in that time and no more than 2 to 3 years if raises and pay based on promotion are not competitive. Of course it's easy for me to say that and I certainly don't mean it to be a hard rule. There are many reasons why you would want to stay where you're at even if pay isn't competitive.
And I cannot stress enough, if management has it's favorites and you're not one of those there is little you're going to do to change that. If management is not advocating for your success while they are doing it for others then you need to leave as quickly as you can. Case and point I was hired on at my previous employer. 3 months after I got there they hired a woman who considered herself non-binary. 4 months after she was there she was already given team lead. After I left I heard they promoted her into another position. If you see something like that and you're giving as much or more effort to the company then it's time for you go.
If you want upward mobility you're not just looking for a place that is going to pay you more. You're looking for a place that is gong to advocate for your success. You'll know it when you see. If you don't see it keep moving on. You will find it. It is out there, but man there are a lot more shit companies than good companies.
This has sadly become the new reality. Gone are the days when you could work the same job for 40 years and retire with an excellent pension. To be competitive you have to switch jobs.
Raises as a tradition are dead. Sure, there might a few companies that do give raises who are surrounded by oceans of those that don't. You might get a cost of living increase. Last year my previous employer gave us an increase 2.35%. Meanwhile, out workload continued to increase even while management had no idea why. Yeah, ok. I got a new job and now I'm making 35% more and working a hell of a lot less. Oh and my supervisor isn't a paranoid fuck like the last one.
You need to understand that as an employee you're under the effects of economics. You're not immune to it. Employers are quite happy not to give raises if you're willing to stay without one. Unfortunately, most of your co-workers are going to stay where they are in the hopes they get a tap on the shoulder for their years of loyalty or they have no ambition. You really shouldn't stay in a position for more than a year if there's no upward mobility to be had in that time and no more than 2 to 3 years if raises and pay based on promotion are not competitive. Of course it's easy for me to say that and I certainly don't mean it to be a hard rule. There are many reasons why you would want to stay where you're at even if pay isn't competitive.
And I cannot stress enough, if management has it's favorites and you're not one of those there is little you're going to do to change that. If management is not advocating for your success while they are doing it for others then you need to leave as quickly as you can. Case and point I was hired on at my previous employer. 3 months after I got there they hired a woman who considered herself non-binary. 4 months after she was there she was already given team lead. After I left I heard they promoted her into another position. If you see something like that and you're giving as much or more effort to the company then it's time for you go.
If you want upward mobility you're not just looking for a place that is going to pay you more. You're looking for a place that is gong to advocate for your success. You'll know it when you see. If you don't see it keep moving on. You will find it. It is out there, but man there are a lot more shit companies than good companies.
This has sadly become the new reality. Gone are the days when you could work the same job for 40 years and retire with an excellent pension. To be competitive you have to switch jobs.