Asked by Amel on May 11, 2017
Answered by Claire, Hiring Expert at American Express, on May 12, 2017
Hi there! This is a great question and I'm sure lots of other Jobipedia users have wondered the same thing. While each company is different, here are a few guidelines for helping you tackle any raise related conversations:
Answered by Brittany, Hiring Expert at ManpowerGroup, on May 16, 2017
This will depend on the company and what part of the year you were hired. A great time to ask about a performance/financial review is during the negotiation process. Many businesses have an annual review with a potential to earn a specific percentage wage increase (usually around 2-3%). It's not inappropriate to ask, just be sure to keep it professional and to not make it personal.
Answered by Kimberly , Hiring Expert at Emerson, on May 17, 2017
Generally a company will conduct an annual wage & salary survey to evaluate their employees wages in comparison to similar industries in the area. Depending on the company, they may have a merit increase program whereas others may consider increase on a "cost of living". It is worth your time to ask your Supervisor about the details of your company's wage & salary program.