Re:Job-hopping increases, in possible boon to wage growth an...
by mikestew on Friday July 06, 2018 @11:15AM
(#17472073)
"The market is competitive and your market rate has increased, so here's a raise (of more than 2-3%)"
The point stands, but this actually happened at Microsoft in the late '90s when the dot bombs were in full swing, and anyone that could spell "HTML" was making bank. In combination with my annual review raise and the market bump, I got a 35% raise that year. Step 2 of that process is "try not to be bitter about how much you were underpaid", but 90s MSFT stock options helped ease that sting a little.
The point stands, but this actually happened at Microsoft in the late '90s when the dot bombs were in full swing, and anyone that could spell "HTML" was making bank. In combination with my annual review raise and the market bump, I got a 35% raise that year. Step 2 of that process is "try not to be bitter about how much you were underpaid", but 90s MSFT stock options helped ease that sting a little.