Re:Ask YC: What are starting salaries for CS grads this year?
by csmajorfive on Thursday May 01, 2008 @03:35AM
(#178208)
On this note, I have a question that I (as a new grad) don't know anything about. What are raises like? How often do they happen? How much? What does it take?
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Re:Ask YC: What are starting salaries for CS grads this year?
by swombat on Thursday May 01, 2008 @07:17AM
(#178307)
Don't count on quick raises from a very low salary unless you've explicitly discussed that with your boss or at your interview. In most places I've seen, they're happy to calculate raises using %, which means you get a whopping 20% raise on a £20k salary - which still amounts to peanuts (£24k is not much different from £20k).
Negotiate your starting salary as high as you can, and don't count on quick raises.
Here's a useful article on the topic from ever-helpful Rands:
http://www.randsinrepose.com/archives/2008/04/11/the_busines...
Daniel
Re:Ask YC: What are starting salaries for CS grads this year?
by utnick on Thursday May 01, 2008 @07:47AM
(#178318)
haha ya... my first post grad programming job raise was smaller in $'s per hour than the raises I got as a lifeguard when I was 15 :(
Re:Ask YC: What are starting salaries for CS grads this year?
by cstejerean on Thursday May 01, 2008 @03:46AM
(#178214)
Raises? It's called changing jobs.
Re:Ask YC: What are starting salaries for CS grads this year?
by csmajorfive on Thursday May 01, 2008 @03:53AM
(#178218)
I'm not sure what you're getting at -- should I change jobs when I feel like I'm due a better salary? Even if the job is awesome?
Re:Ask YC: What are starting salaries for CS grads this year?
by andreyf on Thursday May 01, 2008 @06:36AM
(#178294)
You don't need to actually change jobs. If you get a better offer, you can tell your company that you feel you're being undervalued, and ask for a raise.
It's just money, so don't be shy.
Re:Ask YC: What are starting salaries for CS grads this year?
by hsu on Thursday May 01, 2008 @10:58AM
(#178497)
I've been working for over 10 years, and I've found that most companies offer 2% - 5% raises, a little more if you are a super employee. The only ways to get more than a 10% raise are to change jobs or to use another job offer as a means to extract a counter offer from your current employer.
Re:Ask YC: What are starting salaries for CS grads this year?
by pchristensen on Thursday May 01, 2008 @05:26AM
(#178266)
yes. raises tend tp ne 2-3%, You can get 10-15% or more for changing jobs
Re:Ask YC: What are starting salaries for CS grads this year?
by CapnObvious on Thursday May 01, 2008 @01:07PM
(#178605)
Any significant 'raise' will require you to either change jobs, or to get a new position within the current company that suddenly takes on a lot more responsibility, and even that will limit you to maybe 10%.
Get a bit of experience and start shopping around, that's how you'll know what you're worth.
Note that the real value of a salary is almost entirely dependent on your location and cost of living.
Re:Ask YC: What are starting salaries for CS grads this year?
by timcederman on Thursday May 01, 2008 @05:16AM
(#178261)
As a new PhD grad, I got a raise after 6 months, and another (larger one) 6 months after that. Just ask for a performance review.