Ask HN: What's considered to be a good annual raise?

Re:Ask HN: What's considered to be a good annual raise? by ig1 on Wednesday February 02, 2011 @05:29AM (#2169753)

It's the company's legal responsibility to maximise value to it's shareholders not employee salary. Of course you should negotiate. It's a commercial transaction.

Would you buy a car or house without negotiating, trusting that the seller will come up with a fair price ?

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Re:Ask HN: What's considered to be a good annual raise? by imcqueen on Wednesday February 02, 2011 @08:54AM (#2170212)

I agree that you should negotiate your pay, but only before you get hired.

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Re:Ask HN: What's considered to be a good annual raise? by mattm on Wednesday February 02, 2011 @11:21AM (#2170771)

It should also be done at any point where your responsibilities change ie. you are training junior developers where you weren't before or people have left and now you are the senior developer on a project.

This is the best time to negotiate a raise because you were hired for $X to do Y and now you are doing Z so the pay should change to reflect this new job.

I would also suggest that you treat any employment situation like an ongoing 6-month contract. After 6 months, figure out for yourself if the pay is still fair and talk with your employer about it. Basically treat it as if you were being hired for the first time. If you are not interested in continuing at that level of pay, then you should turn down continuing to work there. Of course, if you're happy then continue on.

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Re:Ask HN: What's considered to be a good annual raise? by jasonkester on Wednesday February 02, 2011 @10:13AM (#2170484)

Indeed. This is the reality that forces everybody in tech to switch jobs so often.

A company that was realistic with the value of their staff might find that they kept their good employees for more than a year or two.

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