| Topic Name: |
Salary Bands |
| Message Name: |
Agreed-0% Does Happen |
| Date Posted: |
02/19/2006 |
| In Reply To: |
I have heard of plenty of people who have gotten 0% raises. Not just this cycle, multiple ones in the past. My MD even told us for this upcoming announcement that some people may get 0. Why ANYONE sticks around after being told they are getting jack squat is beyond me... |
| Message: |
Many a people have and will get 0%. Once again it all depends on your Industry Segment and MD and how well they are doing. In my group during the 1/05 cycle 1 person out of 25 got a raise (The group itself got an ME). A fellow BEE on the NASA project had 4 straight EE's with no raises. The word from HR is it is extremely hard to recruit new employees unless BE is paying top dollar. So all the newbies to the firm are probably fat and happy meaning less money for the veterans.
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