>If you work at a place for 10 years, is it really realistic to expect to get a $10k/yr+ raise every year? Goals or no goals.

If you aren't getting a wage increase above the annual inflation rate each year then not only you're not getting a raise, you're actually getting paid less for the same work (or, rather, for even more work, as your responsibilities will increase with the seniority).

For 100K wage that's like getting a 7K raise atm.

> If you aren't getting a wage increase above the annual inflation rate each year then not only you're not getting a raise, you're actually getting paid less for the same work

You're not wrong but I don't think it's realistic to expect every single year your employer to give you a "1:1 with CPI" raise.

If anything, maybe 0% one year or 2 years and then maybe a 10-15% next year (if you worked on some really key deliverable projects where it can be justified).

Is that your experience?

I can't speak for the OP, but, in my career I've consistently ask for and received year raises a few percent above CPI. Twice I've been denied and found a new employeer. As the OP said, if you're not at minimum getting a CPI raise, you're doing the same work for less money, effectively a demotion.

For the last decade tech has been hiring like crazy and jump jobs has been easy. I can't speak for how that will change going forward, but it does concern me.

I got a 2% cut last year and a 4.5% cut the year before when considering inflation. Whee

> If you work at a place for 10 years, is it really realistic to expect to get a $10k/yr+ raise every year

Inflation is at 6.4 percent right now. If you made 100k that would take you up to six and a half just for treading water, if you make 200k then and get 10k you are being paid less than last year.

> Inflation is at 6.4 percent right now.

In my experience, whether inflation is 2% or 6% or 8%, your employer doesn't care. You have next to no leverage to demand a constant static cost-of-living-pegged-1:1-to-inflation raise.

yeah, if inflation is 8% and you don't get an 8% raise you effectively get a paycut. What are you going to do, strongarm your employer and demand they give you at least a "CPI trailing 12 months" raise every 12 months? not realistic in my opinion/experience

That's why you have to change jobs every few years. The real performance review happens in your next employers office.

I've kind of hit a cap. I've never made big "FAANG" total comp money (where you get like $160k/yr salary and $160k/yr stock grants additionally for being a top performer or whatever)

Anything over $160k/yr, I feel like you are subscribing yourself to be "the go to person" for everything and a lot is expected from you.

When companies hit a cap on what they can charge they start finding ways to cut corners and deliver less for the same money.

It depends. The best way to strongarm your employer is with another job offer. If you can't get another job offer, or if it's not a big bump up, that probably says that you're being paid competitively. But if you interview somewhere, it's pretty standard to say "I have a better offer, match it or I quit." Of course, you have to be willing to quit if they agree.

Because of stock market decline I made 50% less in 2022 than 2021 so inflation is the least of my concerns.

>That's because their boss (or their boss's boss or whoever) is telling them to "get it done"/do that.

More like it for HR/managers to justify their presense by "doing something"