What % annual pay rise do you look for in your role, in particular management roles?
My last position before this, I had a sudden increase in pay at the end of the first year by around 25% due to a stipend doubling and an improved pay scale being implemented – it meant a big jump, and with flat 5% tax made for great savings.
I took about a 25% pay cut moving to this current role, which I saw as more beneficial career wise, and therefore could justify the cut in salary for a while.
At the end of the first year I received a 5% raise, plus 1.8% adjustments, and a months salary as a bonus.
Having just had the renewal and resigning talk, I was told I would get annual 5%, plus the 1.8% adjustment and a months bonus. over the next two years.
With exchange rates it has put me back to at my last position, although I am now taxed a lot more.
Feels a bit underwhelming compared to the 25% a few years ago.
Is this just greed?