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Asked by Amel on May 11, 2017

About how long does it typically take to get your first raise in an entry-level position? Is this something big companies typically review on an annual basis, semi-annual, or should I just keep my head down and not think about it? 

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:

  • Most companies pay out raises at the end of the year or in the first few months of a new year. This is because they have gotten their full numbers for the year, know if they've hit their targets, and have determined their talent need for the following year.
  • There are 2 kinds of raises you may receive. First, a percentage based bonus, usually determined by the performance of your company. For example, if your department hits all its targets for the year you could see an additional 1-5% on the following years pay checks. These are usually given to everyone in the department. Second is a merit based raise. Your manager would likely communicate that you are being given this raise due to outstanding performance.
  • If you feel like you deserve a raise and want to talk to your manager about earning more money make sure you have examples of your high performance. You want to show your manager all the ways in which you contribute to the team and add value through your contributions.
  • Lastly, make sure your expectations are inline with your job level. Many companies have pay level trackers listed on their internal Intranet sites. This will allow you to see what the pay range is for someone in your position. Knowing the minimum and maximum pay for someone in your role will show you've done your research and that you have a realistic expectation.

Hope this was helpful!

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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.

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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.

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