Very good performance review but no salary increase
I started my job at a fintech startup 5 months ago as a Staff Software Engineer. My manager told me that they'd generally not do full review until someone is in for more than 6 months but would do it for me because I'd be in the borderline of that timing.
The performance review came in. There were 15 criteria we were evaluated at and I got meets expectation in 2-3, exceeds expectation in 7-9 and redefines expectations in 4-5. I thought that was great review but I didn't get any comp changes nor promotion. He mentioned that I was 3/4 way to being promoted to Principal.
I'm curious what people think is fair on these two points
1. Doesn't full performance review mean that I'd be expected to get a raise if my reviews are good?
2. Doesn't the review I mentioned above deserve a comp change or a promotion?
TC: ~300K in a Series A startup.
comments
It’s not exceptional whatsoever you literally just started
Would chat with your manager about what you need to get to principal, timeline, and comp expectations