Whats %$ range comp increase at wayfair and other boston tech companies?

TC: not even worth mentioning

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  • Wayfair str(10)
    Please ask a coherent question.
    7d8
    • OP
      question is not in PHP :), anyways what range yearly comp increases at wayfair?
      7d
    • Wayfair str(10)
      Like any large company, Wayfair gives raises based on some combination of performance, current compensation relative to band, market conditions, recent turnover trends, and availability of funds.

      It's impossible to say what the range is.
      7d
    • OP
      str(10) straight outta textbook answer - looking for more specifics. any numbers you know of? like avg performer falls in x% band vs better performer
      7d
    • Wayfair str(10)
      I literally just told you, there's no such thing as a standard range.

      I got 5% as a high performer but I have no idea if that's a lot or a little. If you're a high performer but at the top of your comp band already, you'll get 0%. It's impossible to say.
      7d
    • Salesforce GQch66
      Str(10) I don't believe that's quite right. For annual adjustment, it's the greater of merit increase due to performance or market adjustment. Unless you're at worst performance rank, that'd put the minimum raise at 2 or 3% IIRC
      7d
    • Wayfair str(10)
      If you're at the top of the band and the band doesn't increase, youre maxed out until you get promoted. No exceptions.
      7d
    • Salesforce GQch66
      There are definitely exceptions, though they require high level approvals and really, really good reasons. I've gone through that process to get someone on my team slightly more $$$ than was the max for their band. They were a top performer but not quite ready for a promotion.
      7d
    • Wayfair WNEm45
      This ∆. Exceptions are possible but they require SVP approval.
      6d
  • Wayfair WNEm45
    Base is 2-4% unless you are significantly under pay band. TC growth depends on pay bands.
    7d0
  • Chewy chewedout
    Chewy does 2% for most unless they know you’re underpaid, then you get 4%
    7d0
  • Walmart.com hwsidh
    Can I know what is the band for L3 on BC ?
    6d3
    • Wayfair WNEm45
      130-155+
      6d
    • Walmart.com hwsidh
      They offered my friend 125 so am confused how the lower bound can be 130 ! Am I missing anything ?
      6d
    • Wayfair WNEm45
      Pay bands are different depending on role and org
      5d

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