Question about raises.

[ryanshana]

My DH was just offered a promotion...he was scheduled for a regular raise anyways, however, they told him he would be promoted as well (first week of the year).

He has never been with this company for a raise, so he doesn't know what to ask. He is being promoted from IT analyst to a lead IT analyst (with A LOT more responsiblity. I know with the economy this might be a hard question to answer. But what is a respectable percentage to ask for a raise? Is there a website that offers suggestions? TIA!

 

[Judy from Boise]

He could consult with the HR office and find out if the new position has a different pay grade, and what the pay range is for the pay grade. From there he could decide based on his experience how far into the paygrade would be fair. As a manager we usually want it to take 5 years to hit midpoint.

 

[Lisa loves Pooh]

Not sure--but often, raises are offered, not requested unless you really feel it is deserved.

A company DH used to work for would often chince out on raises when you were promoted. So while everyone was "yea!!!!" on the promotion, they were secretly mourning the fact they would be rewarded with a pittance of a raise.

If you want to find out what he is worth, best to research what similar positions pay at other companies in the same area.

DH's old company--2% was a "mediocre" raise, 3-4% was a "you're doing well" raise and 5-6% was a "you're hot stuff" raise. Promotions often got the 2-3% raise which is ironic given that they were doing well enough to get promoted.

 

[golfgal]

Dh got a promotion near a raise once and the money he was offered in the promotion was less than what he was going to get for his raise. He pointed that out and they gave him the promotion salary based on his raise plus the promotion percentage. At that company 10% annual raise was pretty standard, since that company was bought out by another company, raises went to about 2%. Promotions were based on what salary grade you moved in to.

 

[Feralpeg]

When I worked in the IT industry, you didn't ask for a raise. Raises were given for cost of living/merit based on performance. For a promotion, they generally gave a 4% increase. We also had salary ranges associated with different job levels. If you moved from one level to the next, they had to bring you up to the minimum for your new level. Often times, people were already making the minimum or above for their new level, so the raise was a simple percentage. If you already made more than the maximum salary for the position, you were capped out until you rose to a higher position.