Author Topic: Salary Increase at 3%  (Read 624 times)

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Salary Increase at 3%
« on: August 06, 2014, 11:20:09 AM »
I am not happy about it but I am thankful. We may be having hard times right now and the best attitude towards it is to be grateful, pero hindi ko talaga sya maramdaman. Disappointed ako dahil 3% lang.

My last year's pay increase was 5%.

It doesn't mean that I did not deliver or perform. I can honestly say that I did well for the past year and if you could read my performance review you would think that I'd be getting more than 5%.

The increase is to take effect next week backdated for 2 months. It took the higher leadership a long time to finalize increases for many people, including me, and I get a feeling because our managers had to fight for them. I'm lucky that my manager is fair.

A friend of mine in Payroll told me that others didn't have any increase because they didn't deliver or improve their performance. Wow. Here I am still thinking that a yearly raise is a right and not a privilege.

My head is stuck on inflation at minimum of 4% anywhere in the world (but I'm sure I'm wrong about that), and so to earn less than that puts the person who doesn't get any increase (or does but below inflation rate) in a worse position even in the assumption that their consumption practice stays the same.

So yes, I am not happy about my salary increase but I'm thankful that I have a job.

Should i request for more? or mag resign nalang kaya ako? Hay! | Your smart guide to money matters and entrepreneurship.

Salary Increase at 3%
« on: August 06, 2014, 11:20:09 AM »

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