Wages frozen at least one more year

[jarhead1976]

Very grateful. Steady income, Lil extra from the farm animals. No raise in 5 years. Very little debt . The Social Security 2% reduction gives me an extra 35 dollars a week!

[Deleted]

I will retire in 5-9 years. I definitely won't get one within the five-year time frame . . . at least not one that will impact my pension significantly since it's on the best three years. But if my health is good, I want to hang on to age 66. You guys keep telling me we ought to retire later.

I realized today at a conference that I got my B.S. 36 years ago, and my M.A. 26 years ago. I did, however, start teaching young . . . at age 20.

Someone asked if I still had the statistics book I used. Um, no. And if I did, the pages would surely be crumbling.

[dcmetrocrab]

I'm on year 4 of no raises or bonuses. That spans two jobs. If you want to be nit picky, there was a 2k bump in base wage after I changed jobs, but it was a 6k cut if you look at the overall benefits package and increased commute costs. (no more 401k matching, higher health insurance premiums, $140/month increase in commute.) Current company is not doing well. Still doing reviews.

[stantonjane]

Municipal worker. I believe it's been 3 years since our last raise. Last year we did 8 hours of furlough a month, so 5% reduction (not as bad as others, I know). This year we're being required to pay 5% into our pension plan. We're on a cafeteria plan for insurance, get $800 a month to apply to insurance and other deductions. My insurance went up 17% this year, so that was a big bite, raised my premiums to $1200 a month. (and you all thought we automatically had the insurance paid in full ) Between the pay-in to the pension plan and the increase in insurance premiums, I'll be bringing home between $350-400 less a month.

Admittedly, government tends to run a couple years behind the economic cycle of the public section. Which means it'll be another year or two of tough times to see things get a bit better.

[stantonjane]

*cycle of the public section* oops, I meant 'private sector'.

[BeenThere...DoneThat...]

...I think the teachers that I know mentioned this would be year #5 with no increases...

[lynnerself]

So far just under 3% each year.
DH however has been frozen for several years, has lost 5% to furlough days and now they are talking about taking away the 6% they put into his pension. (state government is hurting)
When we first married 35 years ago I made more than him. Then mommy track and part time and he got way ahead of me. I actually may be catching up again.

[spartan7886]

2008 - ~420% increase (yay for graduation)
2009 - 7%, 7% (new hires are on a shorter raise schedule)
2010 - 5%, 7% (5% was a company wide bump after an industry survey revealed we were underpaid)

I'm hoping for a COLA in February (which has been 0% since I've been here) and I will get my last new hire scheduled raise in August. I have this strange feeling it will be 7%.

[TrixAre4Kids]

Union contract. 2.5% increase last fall and will get 2.5% this fall.

No bonus/merit. No COLA.

Increase in both Healthcare premium and co-pay.

2010 - made $5.5k less than 2009 due to Sunday work (time and a half) being shifted to another group.

[runewell]

Insurance company here. it has been about 2.5%-4.0% the last few years. The company is delaying raises for six months, so if after eighteen months I get 3% it will be the equivalent 2%. No telling what it will be at that time, though.

[runewell]

This message has been deleted.

[Epiphany]

I have averaged a 2% DECREASE each year in salary since 2005. 1/3 of my take home pay is based on how the company does. I haven't had reviews or anything either.

I finally sat down with the owner in November to discuss an increase in compensation since I have gotten a certification that has directly resulted in profit for the company and taken on many more responsibilities. He would not agree to an increase in my base pay but led me to believe this year would be better and be a little increase in the flexible portion. It wasn't. It was 2k less than last year. AND IL just passed 2% higher taxes so I'll be losing another 2% this year. It's really demoralizing to work really hard and realize I could have done the bare minimum and been paid exactly the same. I'm putting together my portfolio but there just aren't many, if any, opportunities in my field in my area.

[Deleted]

Income has been on a bit of a roller coaster in the past two years:

-> 2008 right before I move: 5% increase
-> Moved to albany at the end of 2008 : 45% pay cut
-> Got a promotion in 2010 : 100% pay increase

Waiting for my review June 2011 and hoping for a standard 3-4% increase.

[piratesparrot]

Well, they don't actually mention them being frozen but it has been at least 3 years for me. ( I really lost track) and no real hope for a raise in the near future. At this point I am just glad to still have a job.

[sidney]

Dh got a $1500 bonus and a 5% increase in his pay. Of course insurance went up 30%. We still saw an increase in pay though.
I got a 3% raise last May. I don't think will be getting one this year though. I also had a 30% increase in insurance.

[ohmomto2boys]

We haven't had raises for 2 years, but this year everyone is getting 2% a their annual review. So far, people with January reviews have received the 2%. My review is in March - can't wait. We were lucky that we didn't have to take a pay cut, 2% is looking pretty good!!! Mine will be going to 401k.

[Deleted]

2010 - 2.5% raise, 9% bonus for me
2011 - 3 months away from knowing, but expecting similar to 2010 for me
2010 - 2% raise, no bonus for wife
2011 - 1% raise, no bonus for wife

My company provided health insurance has no monthly employee premiums and my wife is covered for free (we have no children). Copays are small and unchanged. 401k match amounts have not changed. Work levels have increased as positions go unfilled, but the total amount of work is the same (meaning more for each individual). We are both salary, so we aren't rewarded for the OT.

[TheOtherMe]

Federal pension here and our raises go along with what Social Security gets and it's based on COLA.

Last two years = 0, but health insurance premiums have gone up both years as have the co-pays with the health insurance itself.

[Nazgul Girl]

I've gotten 3% raises for the last five out of six years. That was the max my employer was giving. I did get two bonuses which had to be kept on the q.t. One was $500, the other $1000. One year I doubled my income, but that was because I was certified as a medical coder, and had also passed the internal coding probationary period, and so was promoted (yay ! ). This last year, I got a 4% raise, including a 1% excellent performance raise. I also work all of the extra overtime that I can get, since I can either invest it, or use it to pay off my car loan...

[bobosensei]

No raise for me.

DH got 1.4%

[gsbrq]

Third year of no raises for me too. Prior to that, had gotten a raise every year for 7 years.

My income peaked in 2008; in 2009, salary stayed the same but bonus & 401k match was eliminated.

In 2010, no bonus. I don't expect one this year, either. I'm considering seeking another job. There are some non-financial reasons I'd like to stay at my job, but I'm not sure how much longer I can reasonably afford to do so.

[schildi]

We have seen freezes for a couple years around 2006 / 2007, but I got reasonable raises since.
Not as nice raises though as about 10 years ago, when I have seen several years with two digit percentage increases.

[motherto2]

small one last year (somewhere around 1.7%), and will receive nothing this year. Oh well, I'm employed, and I'm very grateful and feel blessed for what I do make. I'm not complaining.