~1.8% Raise

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CbNq75

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CbNq75
Apr 27 6 Comments

Been with my company for about 1.25 years. Got roughly a 1.8% raise.

I joined in at the lowest for my level's pay band. New employees for my level are getting base salaries about ~10% higher and private RSUs that match what I get (but in the last year we raised and valuation doubled, so their RSUs are about double what I was offered).

TLDR my offer last year annualized:
* Base 220k -> 224k after merit raise
* Equity 150k RSU -> 300k (after last round, paper money; NOT a refresher)

Current offers this year annualized:
* Base 240k-250k
* Equity 300k

Leadership explained this as needing to stay competitive with our offers. But feels unfair for current employees. Am I being unreasonable? Should I just be grateful? My perf review was "Meets All Expectations".

What are your thoughts on an under 2% raise? Eng 15 YOE. WLB is around 50hrs/week. Thinking of studying again for interviews, maybe find a place with same/better pay for 40hrs/week.

TC 224k base, 300k paper money (probably worth less nowadays)

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