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User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I reevaluate my position around every performance review. If I'm unhappy, feel overworked, underappreciated, exploited, or simply not getting compensated to keep up with costs of living, the job search begins.\n\nNobody pays for loyalty and merit anymore. Congrats!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " RoyalDecrees (RoyalDecrees): "What if your worthy boss is also the owner of the company? Family owned business type thing.\n\nI agree with being loyal to a good boss - I built my resume over three years in my early 20s being passed between a few CEO/COO/CAO/Head Architect." benny_mod (benny_mod): "Well in that case the boss is the company so there isn't much room for error. If the company fucks you then the boss is fucking you over and not worth the loyalty. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "That commute is payoff enough. 10 minutes! That's the stuff dreams are made of. Congratulations on the new job!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I am heavily FOR company loyalty, but only if your company has loyalty and respect for you.\n\nYou made the right choice, and It's fair of your to have tried to see if it would get better."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is almost always the right move!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " danweber (danweber): ""People make promises. Companies sign contracts."\n\n"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "It should also be noted that there are other things besides money (salary, bonuses, raises, company match 401K are all included in this for the sake of the discussion) that bring value to employment. Quality Of Life topics often get undervalued. Do you like/respect your boss? Does your boss and the company treat and respect employees like humans? Is the company culture good? Are other people happy at the job and behave positively at work? How long/difficult is your commute? What are the long term possibilities for circumstances to improve?\n\nI've found that having a good relationship with your boss, and feeling like the company respects me as a human are very valuable. " tossme68 (tossme68): "I travel two week a month but when I am not on the road I work from my home. In addition my dress requirements are very casual for the most part. If I were to take an office job prettty much anywhere it would add a 30-60 minute commute each way and I probably couldn't come to work in my shorts. I put a fairly high price tag on having that flexibility, so while I could get a better paying job the idea of coming into an office just doesn't appeal to me."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is going to get personal, but what do you do, how many years have you been working, and how much were you making before?\n\nI can understand this working at the start of your career (0-5 yrs), but I feel this will stop to work the older you get, and the closer you get to your career salary ceiling (without moving to another field or management)." User (socaldad): "15 years experience, mid-career" Self: "I stand corrected, what do you do?"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." your_moms_a_clone (your_moms_a_clone): "The company I work for will probably have the same problem when I leave. With the added disadvantage of trying to find someone who will fill so many roles to boot."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Thank you for sharing the update!\n\nCongratulations on your new position/company and pay increase!\n\nI hope you'll share this story with others who post in the future. The reason the majority of people hear are so adamant that the best option is another job when you are told no (or maybe in the future if you do X or Y, which is also just a more complex no) is because we've been there. \n\nGood luck and always remember this experience because it just keeps repeating for most of us. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I'm thinking about doing this too, I work for a small company (~12 people) my boss and the owners are really nice and respectful and it pays more than most jobs while you're in college, it's just the guilt of leaving for more money that stops me." _Every_Damn_Time_ (_Every_Damn_Time_): "If you are still in college the only question is if another job would be as understanding about your studies. \n\nI usually heavily advocate for switching companies every 2-5 years because otherwise you are probably getting screwed on salary. However, when trying to complete college being able to have flexibility for class schedule and demands. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "It should also be noted that there are other things besides money (salary, bonuses, raises, company match 401K are all included in this for the sake of the discussion) that bring value to employment. Quality Of Life topics often get undervalued. Do you like/respect your boss? Does your boss and the company treat and respect employees like humans? Is the company culture good? Are other people happy at the job and behave positively at work? How long/difficult is your commute? What are the long term possibilities for circumstances to improve?\n\nI've found that having a good relationship with your boss, and feeling like the company respects me as a human are very valuable. " taytay0593 (taytay0593): "Something I had to think about recently. I did an interview with my old company for a higher paying position (would have been $2 more an hour)... and during the interview I remembered why I left in the first place. The manager was like "I think the pay scale for this job is WAY too high and I would need to add duties to it to justify the pay..." and those duties were TBD. Then she had to mention she thinks my degree is worthless. I also caught up with my old coworkers while there and nothing has changed culture wise (it's like high school drama!) Not worth the money. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "What's even more bullshit are promotions that don't come with a raise or like a 1-2% raise. I see that all of the time with the company I work in. \n\nCongrats, you have been promoted to Junior team member. Here is your $40 a paycheck raise and you'll be taking over the Wells Fargo assignment. I hope you hug your family real tight because you won't be seeing them in a month."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " RUALUM15 (RUALUM15): "I was in the exact same position as you up until a few months ago. I was at my first company for a year and I was abused with the number of hours I worked because I had a contract I had to stay with them for a full year. Near the year mark I got contacted by a recruiter. Long story short, I wound up taking a 50% pay raise at my current company. Nothing felt better than putting in my two weeks notice and shoving it in my shitty boss's face."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Grats. My current commute is 50 minutes in the morning/ 60 minutes in the afternoon. The pay is good but I haven't gotten a raise in the 2 years I been here. I been promised bonuses if I stay but contracts keep getting delayed. I been looking elsewhere but it feels like having 2 jobs while looking. I'm already exhausted by 7-8pm that I lose any desire to look and on weekends, I feel like I need to recharge. " sign_on_the_window (sign_on_the_window): "Fuck me! 2 hour commute. That's like 25% of a typical work week. " k7eric (k7eric): "Heh, i am averaging a little over 2 hours a day on the metro and another 9-10 in the car per week right now. Just job related travel. It is miserable but also temporary. Couldn't imagine doing it full time. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I had to do the same thing in April. I had great marks and had been effectively promised a considerable raise (because I was being underpaid), but got a small merit raise (a few %). Told them I was unhappy about it, they didn't do anything. So I found a new job within 4 weeks, 33% raise. Supervisor said he was "surprised" despite me passively bitching about it for a months." ImperatorPC (ImperatorPC): "Passively bitching doesn't work. You have to be direct and show evidence. Sometimes they'll still ignore that and the best thing you can do is slap another job offer in their face."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " LawyersGunsAndKony (LawyersGunsAndKony): "Not just loyalty to your boss, but also loyalty and doing what's right by your peers and co-workers. If the shit ever hits the fan professionally for you - the relationships you've built with people over the years can be a lifeline. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" Chudpoons (Chudpoons): "Regardless of how good you are at your job, trust me, you are replaceable, and your company won't be "fucked". You'll likely end up burning a few bridges by leaving with no notice though, so all you're doing is potentially hurting yourself. " Self: "No doubt I'm replaceable, as an engineer in a highly niche area; I calculate it will take a new guy 2 years to be able to contribute effectively. We will be hitting peak work in 1 year. So yea, my company may not be screwed but the engineers in my office will be working serious hours. I feel bad for them but the company is the one putting them in this situation by not paying market value and not hiring a sufficient staff to weather the peak hours. This is why I needed a raise to stay, I see what's coming down the pipe.\n\nAnd if you read my original post, you will see I will be leaving with notice. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Your time is the most valuable thing you have. Glad to hear you decided that you're worth it." Oh_God_its_Jesus (Oh_God_its_Jesus): "Some of the best advice I ever got was "if you don't value your time, don't expect anybody else to value it, or anything else you've got.""
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." daddytorgo (daddytorgo): "Pensions don't exist in most industries these days. Obviously if you have one, that's a huge consideration.\n\nOtherwise, 401k plans roll over." enmunate28 (enmunate28): "Yea, I have a pension here. Plus medical when I retire. \n\nIt will be very hard to leave my position because of being able to retire with a guaranteed benefit. \n\nMaybe I can go into public service or something. " daddytorgo (daddytorgo): "Well then yeah, that's obviously a HUGE consideration. \n\nIf I had that sort of setup I'd be happy to stay where I was, and busting my butt to get promoted up the chain and get that pension as high as possible."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " fikelsworth (fikelsworth): "A short commute is worth more than money and time. I moved from being 20 miles away to six. My commute went from being stressful along a busy highway to using only city streets. The amount of stress I endured went down significantly. I refurbished my dad's old road bike and takes a nice ride to and from work sometimes. I almost enjoy commute now."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." isperfectlycromulent (isperfectlycromulent): "What's a pension? No one gets those anymore. " enmunate28 (enmunate28): "Maybe you need a better union. " isperfectlycromulent (isperfectlycromulent): "I'm in IT, what's a union?" enmunate28 (enmunate28): "lol, if anything, you position demands a union. \n\nLike how Silicon Valley collided together for years to keep your pay low. They would exchange salary information about their IT people and promise not to hire each other's former employees. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "the time saved on your commute is 15% assuming 40 hours/wk. not even counting gas and other car expenses.\n\nCongrats on the 30% raise"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " kung-fu_hippy (kung-fu_hippy): "Just comes down to how work satisfaction is personally defined for you. For some it's stability, for others it's location. It could be office environment, benefits, or compensation. \n\nBut it should never be just loyalty. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." pojodojo (pojodojo): "Primary Job: Look for better employment.\n\nSecondary Job: Retain existing employment." goplayer7 (goplayer7): "Tertiary Job: Figure out how to get away with doing as little as possible at existing employment. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." gredr (gredr): "I believe the research says that people who change jobs more often tend to make more money, and people who change jobs less often tend to be happier." nope_nic_tesla (nope_nic_tesla): "As with most things I'm sure there is a balance to be had. If you're switching jobs and moving constantly in search of more money, that's a pretty stressful life. But if you're not making much and experience financial stress from your job then you should probably change."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." gredr (gredr): "I believe the research says that people who change jobs more often tend to make more money, and people who change jobs less often tend to be happier." JustSayTomato (JustSayTomato): "I'd like to see that research, because all of the people I know that changed jobs on their own terms are much happier."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Man, I envy people with jobs where they can just jump around from company to company, all within one city. I work in a highly specialized field and I'd have to move to another state if not several states away to find another job doing what I do. I honestly think I'm the only person in this city that does what I do. I've had one raise in the last five years (that I kind of had to fight for) but I'm stuck in this town for various reasons. 'Bout ready to start looking for part-time jobs on the side." weehawkenwonder (weehawkenwonder): "I have a job like yours: highly specialized, very few jobs. The pay is impressive but the working conditions are horrible, management oppressive and quality of life ?? Haaa right. Add no raises for 4 years just a massive paycut. That stuck feeling started to go away when I seriously started searching other parts of world for jobs. Hope you find your peace as did I."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" Chudpoons (Chudpoons): "Regardless of how good you are at your job, trust me, you are replaceable, and your company won't be "fucked". You'll likely end up burning a few bridges by leaving with no notice though, so all you're doing is potentially hurting yourself. " k7eric (k7eric): "I can assure you this isn't true especially in more senior positions. It really, really hurts when 10-20 years of experience walks out the door because a parent company couldn't pony up a couple dollars an hour. Fun life of contractors and subcontractors. Hurts even more when they were the only person who knew that one specialized system and it takes 6 months to even get a resume of someone else who knows it. \n" JustSayTomato (JustSayTomato): "^ This. When long term, institutionalized knowledge walks out the door, it definitely hurts the company. That's not to say that they can't find a new person for the position, but that person will most likely be starting behind the 8 ball and with a deficit of knowledge about the systems. Retaining hard working, knowledgeable employees is always easier than finding replacements for them, but only if the company is willing to pay competitive wages."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " fr0z3nf1r3 (fr0z3nf1r3): "My boss let me work on starting my own company and now two of his business ventures signed on as clients of mine. We meet up for coffee all the time. Overall, the man has provided me with at least $100,000 in the past year alone.\n\n"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." Shiftz (Shiftz): "Ehhh, I don't think this is always true though. My dad for example moved from entry level job(~$30k/yr in todays money) to COO of a company in ~20 years because he stayed loyal. Not saying that staying loyal to company that has no upward movement is smart, but mercenary is extreme. OP did good though, 0% raise is pretty weak in their situation." gd_akula (gd_akula): "Mercenary is true though, don't jump ship every month. But also don't let them shaft you. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." daddytorgo (daddytorgo): "Pensions don't exist in most industries these days. Obviously if you have one, that's a huge consideration.\n\nOtherwise, 401k plans roll over." enmunate28 (enmunate28): "Yea, I have a pension here. Plus medical when I retire. \n\nIt will be very hard to leave my position because of being able to retire with a guaranteed benefit. \n\nMaybe I can go into public service or something. " nope_nic_tesla (nope_nic_tesla): "Pensions aren't guaranteed, if the company goes belly up or the fund is mismanaged then you're shit out of luck. Personally I opted *against* a pension and took matching individual retirement funds instead when I worked for the state, because I didn't trust my state government to honor its commitment 30+ years down the line. " enmunate28 (enmunate28): "That is a very good point. " nope_nic_tesla (nope_nic_tesla): "It is worth noting there are some government guarantees of sorts so you'll almost never *completely* lose your pension, but it can be a lot less than you expect."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." livingwithghosts (livingwithghosts): "I think it's company to company. I'm in the interview process for a job where most people are lifers and they offer benefits a lot of places don't anymore. And it's in my field! \n\nIt's rare, but they do still exist." Self: "Some older companies still operate in the old ways. Many more companies have dropped any pretense of caring about their employees.\n\nMy dad refers to the line being when they stopped saying "Personnel" and started saying "Human Resources"" JustSayTomato (JustSayTomato): "Old ways aren't necessarily the best ways. My current company is "old school". We fill out paper time sheets (despite the fact that every single employee is salaried), we don't get flex time, we can't work remotely, etc. \n\nThe good old days weren't always good."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Man, I envy people with jobs where they can just jump around from company to company, all within one city. I work in a highly specialized field and I'd have to move to another state if not several states away to find another job doing what I do. I honestly think I'm the only person in this city that does what I do. I've had one raise in the last five years (that I kind of had to fight for) but I'm stuck in this town for various reasons. 'Bout ready to start looking for part-time jobs on the side." westhoff0407 (westhoff0407): "If you are the only person in your city who can do your job, surely you can leverage that somehow?" Self: "Not really... It's a job that's fairly easy to outsource. They could drop me like a bad habit and the worst case scenario is that it would take them a few extra days to get some jobs done. Honestly, it would probably SAVE them money to get rid of me, but don't tell them I said that!! I'm honestly not a terribly valuable asset to the company in the grand scheme of things, since they basically created the position when they hired me. Long boring story, but the upshot is my job is basically a "courtesy job." It's a decent mostly stress-free job, and it pays the bills, but I have zero power and I'll be lucky if inflation doesn't eat me alive by the time I retire (if I have to stay at this job). "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " SouthernZorro (SouthernZorro): "A short commute is gold. When I moved, went from a 45 minute drive each way to a 20 min one. That one stroke saved me 4 hours a week of not sitting in traffic, burning gas, etc. etc. etc. That's the equivalent of two full work-days a month of just commuting time saved.It was wonderful. \n\nI now know people who moved so they could be biking or walking distance to their jobs and I can't imagine how great that would be."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " Matazat (Matazat): "Plus gas money!" wrongnumber (wrongnumber): "Might go through mufflers quicker though, as the muffler doesn't have time enough to warm condensation out. " Horvo (Horvo): "And only applies if you never drive anywhere else."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." daddytorgo (daddytorgo): "Pensions don't exist in most industries these days. Obviously if you have one, that's a huge consideration.\n\nOtherwise, 401k plans roll over." enmunate28 (enmunate28): "Yea, I have a pension here. Plus medical when I retire. \n\nIt will be very hard to leave my position because of being able to retire with a guaranteed benefit. \n\nMaybe I can go into public service or something. " mmrrbbee (mmrrbbee): "You have it until it is stripped like so many before, but good luck."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " k7eric (k7eric): "No kidding. Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10. " WhynotstartnoW (WhynotstartnoW): ">Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10.\n\nDoesn't PTO stand for 'paid time off'? 5 hours of PTO per week and 5 hours more free time per week are pretty darn different. Not that I don't think most people would be jumping for joy over having 5 more hours of free time, but I wouldn't hesitate to add more than an hour to my commute every day if it meant getting 5 more hours of PTO every week. That's an extra 30 days of paid vacation per year!\n\nAs an hourly worker I get 0.075 hours of PTO per hour worked, and 0.1125 hours of PTO per hour worked over 40 hours. So on average I get 3.25 hours of PTO per week, which is very generous for an American company(average about 19 paid days off per year, not counting holidays). 5 hours of PTO per week would be unheard of." k7eric (k7eric): "The end result is the same. Paid time off is not a raise...either way you get 5 more hours per week and your annual salary stays the same. If anything the shorter commute could be viewed as a very slight raise since you are saving gas and car maintenance costs. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I've found that if you aren't on the "high potential" career track in a major corporation by the end of year 3 or beginning of year 4, then from a purely salary basis, your probably going to better hopping to the next company. If you aren't sure if you are on that track, you probably aren't."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." pinkycatcher (pinkycatcher): "It depends, over the past 4 years I've gotten 3 raises, 13%, 17%, and 15%. On top of that the management is great, the people are really good, and it's a good environment where I get to have a lot of say and do a lot of things.\n\nI know my bosses don't expect me to be around forever, but they're doing a good job keeping me here. I'd really only move for a 30%+ bump in pay, and that's about the bottom of what I would accept. \n\nI think you should always take a step back and look at your company before you decide to be loyal or not. \n\n " weehawkenwonder (weehawkenwonder): "where do you work and how can I apply?? lol my raises 9%, 0, 0, 0, -40 because, you know, the "crisis". only stayed because wages went back to pre crisis levels. " pinkycatcher (pinkycatcher): "Haha, I'm still probably a bit underpaid for what I do, and I don't think I'm gonna be asking for another big raise next, maybe 4-5%, what I do has pretty much stagnated and while everything is working and going great there's not much advancement. That's why I pushed for the big raises. " masterxc (masterxc): "Heh, I was in manufacturing IT as well put of college and the company knew it. I was making under $40k and the company didn't want to budge. I jumped to another company who started me at $50k and with a very good chance of a substantial raise according to my boss."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Grats. My current commute is 50 minutes in the morning/ 60 minutes in the afternoon. The pay is good but I haven't gotten a raise in the 2 years I been here. I been promised bonuses if I stay but contracts keep getting delayed. I been looking elsewhere but it feels like having 2 jobs while looking. I'm already exhausted by 7-8pm that I lose any desire to look and on weekends, I feel like I need to recharge. " TroyMacClure (TroyMacClure): "I've done longer than that for about 8 years now. It does wear you down."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Excellent! Way to take control of a situation. Too many people stay at jobs they do not like because of fear or laziness. You gave them an opportunity to do right by you and it did not happen. Congrats!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " PooptyPewptyPaints (PooptyPewptyPaints): "Started working from home this year. Best commute ever. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." alander4 (alander4): "Depends where I guess. I'm a "lifer" at Walmart. I make about 50k a year and have 6.5 weeks of PTO a year, which will increase to 7.5 in another 2 years when I hit my 20 year mark. You can carry over up to 2 weeks so at one point I can have 9.5 weeks of PTO. It's the only place I've ever worked and I started in high school. Worked my way through several different positions and levels of hourly and management. I have a 2 year degree but didn't continue on when I realized I enjoy what I'm doing right now, plus the PTO is insane. Soon I'll be able to take a week off almost every month of the year except nov dec busy months. I'm pretty glad I stayed where I did. Also they match 6% of my 401k and 15% of my stock purchases up to $180 matched by them. " jbrowncph (jbrowncph): "Yeah, but you've been with the company 20 years and you're stuck at 50k? No thanks." residentchubbychaser (residentchubbychaser): "$50k is enough to live comfortably (unless you have a lot of kids or something), and that amount of PTO leaves a ton of time to devote to hobbies and interests. Not everyone is in it just for money. It does sound like they're getting "raises" (in the form of benefits, like PTO) by staying there, so it's up to personal taste." jbrowncph (jbrowncph): "Eh, I wouldn't want to live on that kind of money, especially after devoting what more than likely amounts to more than a quarter of my life to one place." residentchubbychaser (residentchubbychaser): "That's what I mean by personal taste. You wouldn't like it, and that's totally fine. But for someone who values time over money and doesn't have a huge level of expenses, they may very well take an extra few weeks of PTO over, say, a $15K raise, because the vacation time is more valuable to them than extra cash."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " Matazat (Matazat): "Plus gas money!" wrongnumber (wrongnumber): "Might go through mufflers quicker though, as the muffler doesn't have time enough to warm condensation out. " ke263565 (ke263565): "You are one of 12 people on earth concerned about mufflers"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." WastingTimeIGuess (WastingTimeIGuess): "I hope by "highest bidder" you're also counting things like benefits, career advancement opportunities, quality of life, etc. \n\nGoing somewhere that gives you a tiny bit more money, but you hate your job, boss, or have no opportunities, is short cited."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." KiBps (KiBps): "Unless inflation in your country is less than 1%, its not a hike, your salary actually went down."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " B0NESAWisRRREADY (B0NESAWisRRREADY): "You just helped me internally reconcile my dilemma with looking for a new job. Im not leaving my boss... Im leaving the company. If shes as understanding as shes always been, she will see that. Hopefully we get to work together again one day."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "> my commute went from 45 minutes (one-way) to 10 minutes. \n\nContact your car insurance company and get your rates lowered. Shorter commute = less likely to get in an accident. You don't need to wait until it's time to renew, they can usually adjust rates accordingly right away (just like they could if your commute had *increased* instead)."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " lol_admins_are_dumb (lol_admins_are_dumb): "hey, delete or at least edit this comment. You never know who knows who you are on reddit and will use this against you. Somebody posted here not too long ago about a fuckup related by leaving behind evidence of their intention to quit for the employer. Not saying it's teh same situation but still, until you've gotten your situation firmed up, I would never disclose details online no matter how anonymous you may think they are." thehorrorx2 (thehorrorx2): "Freedom over fear. " lol_admins_are_dumb (lol_admins_are_dumb): "LOL ok. It has nothing to do with fear and everything to do with CYA. A professional seeks to mitigate their professional risk every step of the way. "YOLO dude" is not a justification to be unprofessional."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " Siphyre (Siphyre): "Yeah I moved from a 3 hour commute to a 30 minute commute recently (back and forth). I get 2.5 extra hours of sleep now. So much stress relieved. I also got a 50% raise but that was just icing compared to the saved time."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " HomeNetworkEngineer (HomeNetworkEngineer): "Folks, please listen to this advice. NEVER be loyal to a corporation, you could get royally fucked."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Always a tough decision to leave a stable job, but you have to wait for the right move and consider all the factors, not just compensation. Glad you reduced your commute too; that's bigger than most people think.\n\nI'll never forget three years ago I was handing in my notice at a very stable company with a great reputation. The VP told me it was a huge mistake, but I knew I needed to leave in order to advance my salary at the rate I needed to (while stable, that company was notorious for ~2% annual increases). They blacklisted me and even my friendly colleagues there don't talk to me anymore. That would make me upset, if it had not been for the fact that after 2 years I more than doubled my salary, got better benefits, and I now work from home. You have to calculate these moves carefully, but it definitely pays off if done correctly. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" Chudpoons (Chudpoons): "Regardless of how good you are at your job, trust me, you are replaceable, and your company won't be "fucked". You'll likely end up burning a few bridges by leaving with no notice though, so all you're doing is potentially hurting yourself. " Contronatura (Contronatura): "Not true at all if you have niche/ advanced technical skills. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" Chudpoons (Chudpoons): "Regardless of how good you are at your job, trust me, you are replaceable, and your company won't be "fucked". You'll likely end up burning a few bridges by leaving with no notice though, so all you're doing is potentially hurting yourself. " coding_redditor (coding_redditor): "Not true. Especially at small companies like the one in work at. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." pinkycatcher (pinkycatcher): "It depends, over the past 4 years I've gotten 3 raises, 13%, 17%, and 15%. On top of that the management is great, the people are really good, and it's a good environment where I get to have a lot of say and do a lot of things.\n\nI know my bosses don't expect me to be around forever, but they're doing a good job keeping me here. I'd really only move for a 30%+ bump in pay, and that's about the bottom of what I would accept. \n\nI think you should always take a step back and look at your company before you decide to be loyal or not. \n\n " RVA2DC (RVA2DC): "I think you're the exception to the phrase "Being loyal to a company almost never pays off.". \n\nI've never had a company give a raise more than 4%. The typical SOP for mid to large sized companies is that once you're in the door, you aren't going to get a big raise every again. \n\nObviously if you get raises in the teens, you should definitely consider being loyal. " pinkycatcher (pinkycatcher): "Well what I meant to get across is that generally you're going to win by moving jobs, but you should look at what you have first and make sure you're asking for raises and promotions, once you've exhausted that then you should move on. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: ""Should have made the jump sooner"\n\nNot necessarily so. Who can say if that 15%/10min job was available in 2015? What if a 25%/10 min job opens up in 3 months? What if you changed jobs after the no-raise thing and wound up in a job your eventually hated?\n\nDon't beat yourself up about the past. :-) That is all a part of who you are now, and to change that would mean you wouldn't be where you are now?\n\n\nFor me, I faced a long-notice layoff (got 12 months notice, office closure but I was part of the transition team) and I tried to stick it out, turning down job offers in then meantime. They offered a 3 month salary bonus to anyone who was there to 'turn the lights out' at the 12 month mark.\n\nTowards the end I was getting nervous about timing and I knew that 3 months would be for nothing if it took me 3 months to get a job. I remember the day I was driving to work and got a calendar popup on my phone saying; "Job fair, 15 minutes". The company organized job fairs to help its staff find new jobs. I thought about the job fair, and the 3 months bonus... When the light turned green I turned right instead of left. I went to the job fair instead of the office.\n\nThat allowed me to meet the man who is my current boss. That was 6 years ago, I am being paid 30% more than my old job (so I make that "3 month bonus" every year!) in a job that I love.\n\nMany decisions led me here. The decision to go to the job fair, sure. But also, the decision to NOT go to the prior 2 job fairs where I might have found a job that was better, or worse, etc. Who can say?\n\nSounds like you are happy where you are now. That's the most important thing. Good luck! \n\nThank *all* your prior decisions, good AND bad, for they led you here, and 'here' is a pretty awesome place to be."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " mejelic (mejelic): "This is 100% true. It all comes back to, "Who you know"" stacktion (stacktion): "I just got a job because I fixed a guys phone 5 years ago. He happened to be a recruiter for a big company and I kept in contact. For the most part I've gotten interviews because I know people who work at the place. " phl_fc (phl_fc): "The best part about contacts like that is it makes the interview almost a formality, so the whole process gets way easier. If you're being invited in for an interview because you know someone at the company then it's a pretty good chance you've already got the job as long as you can agree on compensation."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "What industry are you in?" User (socaldad): "Aerospace/software" Giraffezilla (Giraffezilla): "Did you move to/from GA then?"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." aronnax512 (aronnax512): "Don't trick yourself with the sunk cost fallacy. Your pension has an equivalent market value, a large enough raise (assuming you're investing it for retirement) can make it worth walking away from a pension. The formula you'd use to determine what your pension is worth in today's dollars is "present value"." enmunate28 (enmunate28): "That's a good point. \n\nThis is why people like actuaries have jobs. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." alander4 (alander4): "Depends where I guess. I'm a "lifer" at Walmart. I make about 50k a year and have 6.5 weeks of PTO a year, which will increase to 7.5 in another 2 years when I hit my 20 year mark. You can carry over up to 2 weeks so at one point I can have 9.5 weeks of PTO. It's the only place I've ever worked and I started in high school. Worked my way through several different positions and levels of hourly and management. I have a 2 year degree but didn't continue on when I realized I enjoy what I'm doing right now, plus the PTO is insane. Soon I'll be able to take a week off almost every month of the year except nov dec busy months. I'm pretty glad I stayed where I did. Also they match 6% of my 401k and 15% of my stock purchases up to $180 matched by them. " jbrowncph (jbrowncph): "Yeah, but you've been with the company 20 years and you're stuck at 50k? No thanks." residentchubbychaser (residentchubbychaser): "$50k is enough to live comfortably (unless you have a lot of kids or something), and that amount of PTO leaves a ton of time to devote to hobbies and interests. Not everyone is in it just for money. It does sound like they're getting "raises" (in the form of benefits, like PTO) by staying there, so it's up to personal taste." jbrowncph (jbrowncph): "Eh, I wouldn't want to live on that kind of money, especially after devoting what more than likely amounts to more than a quarter of my life to one place." Vitalsigns159 (Vitalsigns159): "> I wouldn't want to live on that kind of money\n\nYea, I bet the 50% of the United states who make less than 30k would agree" skitch920 (skitch920): "[Median individual income is $30,240](https://fred.stlouisfed.org/series/MEPAINUSA672N), so pretty close to $30k. Kind of depressing. [Median household income is $56,516](https://fred.stlouisfed.org/series/MEHOINUSA672N), so maybe if you get married..." Anyny0 (Anyny0): "Household, which is usually 2 incomes" skitch920 (skitch920): "Oop thanks for correction."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" Chudpoons (Chudpoons): "Regardless of how good you are at your job, trust me, you are replaceable, and your company won't be "fucked". You'll likely end up burning a few bridges by leaving with no notice though, so all you're doing is potentially hurting yourself. " DustyPineapple (DustyPineapple): "> Regardless of how good you are at your job, trust me, you are replaceable, and your company won't be "fucked". \n\nI don't know his particular situation but it's pretty common for a single person to be a linchpin and entirely unreplaceable in the short-term, especially if he's well versed in company specific procedures and equipment. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Your experience is very typical. 3% yearly raise on good performance is typical. The best way to get a better raise is to change jobs. Some people never learn though. Congrats!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Congrats!\n\nDon't worry about the timing. The position may not have been open then. It's here now--and you made the move. Don't spend time on regrets; learn from the past, focus on the present and future.\n\nGood luck."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " Polythello (Polythello): "> I am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nDo it! I was in a situation just like yours up until a few months ago, when I accepted a job at a 50% raise (with advancement opportunity), for a company just down the street of where I worked for over 2 years. Wish I had done it 2 years ago. Turns out my own company was willing to pay me the same amount to stay. *Too bad for them...* Couldn't be happier with my new work environment, lower stress, and fewer responsibilities as well. You're clearly a valuable resource, Best of luck!\n\n"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " spawnconneryfurreal (spawnconneryfurreal): "Always remember, if you receive a 0% raise (which is actually a true pay decrease), instead of changing jobs you can possibly make your work output or work quality decrease accordingly. It is not possible in all fields, but if you're imaginative and creative, it can be done. Good luck.\n\nEDIT: "your" changed to "you're""
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Companies want people to be loyal and committed but then they pull this kind of crap. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " k7eric (k7eric): "No kidding. Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10. " Carbon_Dirt (Carbon_Dirt): "Not just that, but being able to swing by home over lunch is a blessing in and of itself.\n\nI used to have a half-hour commute and an hour-long lunch. Always just went out for lunch or if I brought my own I just sat in the break room, bored. Now I live about five minutes away; I come home, grab a quick sandwich, and take my dog for a half-hour walk so he's not restless when I get home. Or maybe change over some laundry if need be, maybe grab a shower if I worked hard in the morning, whatever. I dread the day when I have to switch jobs, and would probably consider moving again just to keep this convenience." onegravity (onegravity): "That's a lot within a short period of time. Was that all really possible? I'd imagine I'd be stressed out if I did that." AerospacingOut (AerospacingOut): "I used to live 7 minutes from my old job. It's astounding what you can do on an hour lunch. I'd come home, shower, nap, watch an episode of something, play some video games, whatever I felt like. You can fit a ton in 45 minutes" happypolychaetes (happypolychaetes): "Same here. It was amazing and I really miss it."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." gredr (gredr): "I believe the research says that people who change jobs more often tend to make more money, and people who change jobs less often tend to be happier." AerospacingOut (AerospacingOut): "Makes sense... less likely to leave a job you're happy at.."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" AerospacingOut (AerospacingOut): "You're so excited that I'm excited and I don't even know you. Woo let's quit!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " Cynical_Chameleon (Cynical_Chameleon): "I don't have a lot to contribute, just wanted to say congratulations. You likely feel exactly like I did mid-october. I was denied everything I asked for, raise or otherwise, and I landed a job in a new field with 50% more pay and actual benefits, not just government mandated healthcare. Plus, the hours are much better.\n\nI know how it feels, and again, congratulations. Best of luck to the both of us."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Congrats! Today was my last day. Heading to a job 5 minutes away from home for 10% more with better benefits. Win win."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " kkantouth (kkantouth): "AV company? Haha"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " totallynotarobotnope (totallynotarobotnope): "Yeah. They say"time is money" but it isn't. No matter how much money you have you can't buy a single minute of your life back."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." Liakada (Liakada): "It does if the company is also loyal to you. The biggest reason I'm still with my company after 8 years is that my bosses are close friends and put my well being and raises before their own. I was also the first employee ever in this startup and know that I would be the last one to let go if shit hits the fan. We had multiple rounds of layoffs and not having to worry about losing your job that easily is worth something. Also the flexible hours, many vacation days, and 10 minutes commute don't hurt."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." alander4 (alander4): "Depends where I guess. I'm a "lifer" at Walmart. I make about 50k a year and have 6.5 weeks of PTO a year, which will increase to 7.5 in another 2 years when I hit my 20 year mark. You can carry over up to 2 weeks so at one point I can have 9.5 weeks of PTO. It's the only place I've ever worked and I started in high school. Worked my way through several different positions and levels of hourly and management. I have a 2 year degree but didn't continue on when I realized I enjoy what I'm doing right now, plus the PTO is insane. Soon I'll be able to take a week off almost every month of the year except nov dec busy months. I'm pretty glad I stayed where I did. Also they match 6% of my 401k and 15% of my stock purchases up to $180 matched by them. " jbrowncph (jbrowncph): "Yeah, but you've been with the company 20 years and you're stuck at 50k? No thanks." residentchubbychaser (residentchubbychaser): "$50k is enough to live comfortably (unless you have a lot of kids or something), and that amount of PTO leaves a ton of time to devote to hobbies and interests. Not everyone is in it just for money. It does sound like they're getting "raises" (in the form of benefits, like PTO) by staying there, so it's up to personal taste." jbrowncph (jbrowncph): "Eh, I wouldn't want to live on that kind of money, especially after devoting what more than likely amounts to more than a quarter of my life to one place." cursethedarkness (cursethedarkness): "Depends on where you're at. Here in rural Indiana (where you can get a decent house for 30k), 50k is definitely a comfortable living. As part of a two-income household, it's definitely a good living. " MisterMoosers (MisterMoosers): "depends on the individual as well, 50k a year is broke to some people and pretty much rich to others. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " k7eric (k7eric): "No kidding. Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10. " Carbon_Dirt (Carbon_Dirt): "Not just that, but being able to swing by home over lunch is a blessing in and of itself.\n\nI used to have a half-hour commute and an hour-long lunch. Always just went out for lunch or if I brought my own I just sat in the break room, bored. Now I live about five minutes away; I come home, grab a quick sandwich, and take my dog for a half-hour walk so he's not restless when I get home. Or maybe change over some laundry if need be, maybe grab a shower if I worked hard in the morning, whatever. I dread the day when I have to switch jobs, and would probably consider moving again just to keep this convenience." onegravity (onegravity): "That's a lot within a short period of time. Was that all really possible? I'd imagine I'd be stressed out if I did that." AerospacingOut (AerospacingOut): "I used to live 7 minutes from my old job. It's astounding what you can do on an hour lunch. I'd come home, shower, nap, watch an episode of something, play some video games, whatever I felt like. You can fit a ton in 45 minutes" tormunds_beard (tormunds_beard): "I commute to work in 7 seconds. My living room is very close. The 2 year old I spend my day with kind of negates the convenience factor, though. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." bredmor (bredmor): "I've had the same experience. My career stagnated from the start because I was afraid to move around. In 2012 I decided to just start throwing myself at the highest bidder and I'm making 640% of what I was then now (though I was underpaid then)."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " k7eric (k7eric): "No kidding. Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10. " WhynotstartnoW (WhynotstartnoW): ">Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10.\n\nDoesn't PTO stand for 'paid time off'? 5 hours of PTO per week and 5 hours more free time per week are pretty darn different. Not that I don't think most people would be jumping for joy over having 5 more hours of free time, but I wouldn't hesitate to add more than an hour to my commute every day if it meant getting 5 more hours of PTO every week. That's an extra 30 days of paid vacation per year!\n\nAs an hourly worker I get 0.075 hours of PTO per hour worked, and 0.1125 hours of PTO per hour worked over 40 hours. So on average I get 3.25 hours of PTO per week, which is very generous for an American company(average about 19 paid days off per year, not counting holidays). 5 hours of PTO per week would be unheard of." drunkinmidget (drunkinmidget): "I get where ppl steer coming from mathematically, but you're right. Two very very different things. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " Matazat (Matazat): "Plus gas money!" Smackyfrog13 (Smackyfrog13): "Nvm wear and tear on your vehicle!" KimJungIr (KimJungIr): "And forget about the higher risk of dying in a car crash!" RadioactiveSlothMan (RadioactiveSlothMan): "Actually you are statistically most likely to have an accident within 5 minutes of your home, so there is probably very little difference. " flipht (flipht): "That's just because you're statistically more likely to be within 5 miles of your home. Your chances of getting hit wherever you are are pretty constant after accounting for the area." drunkinmidget (drunkinmidget): "Hey\n!\n\nYou quit it with your sound logic!"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " SlayerOfArgus (SlayerOfArgus): "It's hard to even quantify that aspect for me in numbers. My current company allows me to work from home three days a week. It's such an incredible benefit that I'd have to be offered a lot of money to give that up. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " k7eric (k7eric): "No kidding. Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10. " Carbon_Dirt (Carbon_Dirt): "Not just that, but being able to swing by home over lunch is a blessing in and of itself.\n\nI used to have a half-hour commute and an hour-long lunch. Always just went out for lunch or if I brought my own I just sat in the break room, bored. Now I live about five minutes away; I come home, grab a quick sandwich, and take my dog for a half-hour walk so he's not restless when I get home. Or maybe change over some laundry if need be, maybe grab a shower if I worked hard in the morning, whatever. I dread the day when I have to switch jobs, and would probably consider moving again just to keep this convenience." onegravity (onegravity): "That's a lot within a short period of time. Was that all really possible? I'd imagine I'd be stressed out if I did that." Carbon_Dirt (Carbon_Dirt): "Maybe not all on the same day, but any of those on their own? Super easily. Showering, eating, and walking the dog all on one lunch, pretty easy.\n\nUsed to go to the gym next to work with my lunch, for a while. Run a couple miles, shower, back to work. You can do a lot with a full hour."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." Shiftz (Shiftz): "Ehhh, I don't think this is always true though. My dad for example moved from entry level job(~$30k/yr in todays money) to COO of a company in ~20 years because he stayed loyal. Not saying that staying loyal to company that has no upward movement is smart, but mercenary is extreme. OP did good though, 0% raise is pretty weak in their situation." Self: "That's why I said almost always. Some companies, you see dedication and loyalty get rewarded in others and may stick around because of that. Most others, dedicated people get dismissed and forgotten often for things such as nepotism and favoritism. In those situations, it's a good idea to keep options open."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." borderline_spectrum (borderline_spectrum): "I look every week to, at a minimum, stay familiar with the skills associated with the skills I do have. Nobody has 100% of the experience sought in a senior IT position, but it's worth knowing what I should be learning. There's no truer guide to how you should be educating yourself than job ads."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." typewriter07 (typewriter07): "> all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying.\n\nYes, I've heard of this happening a lot. \n\nI was on 55k and asked for 60k after a glowing performance review. I was denied, and decided to go looking elsewhere. I accepted a job at 65k. \n\nI found out through colleagues that I stayed in touch with that they had to break my role (Office Manager) into 3 roles (Accounts Payable, EA to the CEO, Receptionist/Office Coordinator). Even if they were only paying 40k per role, they are definitely losing out. \n\nI do miss the CEO though. She pushed us all incredibly hard and had very very high standards, but I learned more in 2 years there than I think I have in the rest of my working life combined. " atlgeek007 (atlgeek007): "I'll freely admit I wouldn't be where I'm at now without the experience I got at that job, but the entire time i was there, salary was an issue for *everyone* -- when I started, I was a green sysadmin with no real experience, they hired me just over the salary I made at my first "real" job when I was 19, and it was a significant pay cut from the help desk job I'd been laid off from three months earlier, but I took the job because I was tired of delivering pizza.\n\nDuring the first six months I was there, four people left citing low pay as their reason. I actually interviewed with a competitor that was in the same office building and got offered a job that would have given me a straight up 25% raise, putting me right where I'd been at the last job. I told my boss about it and he told me to "give us a week and I'll see what we can do" -- what they did was to give every employee a blanket 33% raise on the spot, which was nice, but was still technically far below market. I got promoted to tier 2 sysadmin a few months later and was made the weekend supervisor for four other sysadmins not long after that, but that's when the salary increases ended.\n\nI got offered another job that gave me close to a 33% raise, and even then I'm sure I shafted myself because they offered me exactly the number I gave them (I should have asked for more...much more...a year after I left *this* company I found out that the budget for the position was actually 50% more than I'd asked for)\n\nNow I push hard for total comp because I know what I'm worth and I know what the market will bear for people with my experience and skillset."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." daddytorgo (daddytorgo): "Pensions don't exist in most industries these days. Obviously if you have one, that's a huge consideration.\n\nOtherwise, 401k plans roll over." enmunate28 (enmunate28): "Yea, I have a pension here. Plus medical when I retire. \n\nIt will be very hard to leave my position because of being able to retire with a guaranteed benefit. \n\nMaybe I can go into public service or something. " sexynerd9 (sexynerd9): "Benefits aren't guaranteed with pensions, they can dissolve the company and dump the pension on Penny Benny or the PBGC as it's called. Pbgc is woefully underfunded right now. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." livingwithghosts (livingwithghosts): "I think it's company to company. I'm in the interview process for a job where most people are lifers and they offer benefits a lot of places don't anymore. And it's in my field! \n\nIt's rare, but they do still exist." Self: "Some older companies still operate in the old ways. Many more companies have dropped any pretense of caring about their employees.\n\nMy dad refers to the line being when they stopped saying "Personnel" and started saying "Human Resources"" livingwithghosts (livingwithghosts): "My field is HR 😂" sexynerd9 (sexynerd9): "Same here. I'm looking for a new job at the moment. Woefully underpaid 55k in NYC with no more 401k match as of 2017, and shittier medical this year. So all systems go to move. HSA plan went from $2,850 to $4,000 deductible. It's with uhc and they are a horrible company. "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." livingwithghosts (livingwithghosts): "I think it's company to company. I'm in the interview process for a job where most people are lifers and they offer benefits a lot of places don't anymore. And it's in my field! \n\nIt's rare, but they do still exist." Self: "Some older companies still operate in the old ways. Many more companies have dropped any pretense of caring about their employees.\n\nMy dad refers to the line being when they stopped saying "Personnel" and started saying "Human Resources"" writermcwriterson (writermcwriterson): "> "Human Resources"\n\nI worked for a company that completely dropped the "human" and made it "resource management." They treated us accordingly. " JP8_And_Coke (JP8_And_Coke): "Note to anybody still reading: This is a prime indicator that lends weight to what others said about always being ready to find a better gig.\n" sexynerd9 (sexynerd9): "ABC, Always be closing"
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." alander4 (alander4): "Depends where I guess. I'm a "lifer" at Walmart. I make about 50k a year and have 6.5 weeks of PTO a year, which will increase to 7.5 in another 2 years when I hit my 20 year mark. You can carry over up to 2 weeks so at one point I can have 9.5 weeks of PTO. It's the only place I've ever worked and I started in high school. Worked my way through several different positions and levels of hourly and management. I have a 2 year degree but didn't continue on when I realized I enjoy what I'm doing right now, plus the PTO is insane. Soon I'll be able to take a week off almost every month of the year except nov dec busy months. I'm pretty glad I stayed where I did. Also they match 6% of my 401k and 15% of my stock purchases up to $180 matched by them. " jbrowncph (jbrowncph): "Yeah, but you've been with the company 20 years and you're stuck at 50k? No thanks." residentchubbychaser (residentchubbychaser): "$50k is enough to live comfortably (unless you have a lot of kids or something), and that amount of PTO leaves a ton of time to devote to hobbies and interests. Not everyone is in it just for money. It does sound like they're getting "raises" (in the form of benefits, like PTO) by staying there, so it's up to personal taste." jbrowncph (jbrowncph): "Eh, I wouldn't want to live on that kind of money, especially after devoting what more than likely amounts to more than a quarter of my life to one place." Vitalsigns159 (Vitalsigns159): "> I wouldn't want to live on that kind of money\n\nYea, I bet the 50% of the United states who make less than 30k would agree" Cynical_Chameleon (Cynical_Chameleon): "I know, right? After working 3 years at a knee-shattering factory for $24k and 10 days of pto (after the 2 year mark), I'd eat a shit brick to get 50k and that much vacation. Although I do have a better job now. \n\nBut yeah, it's a little out of touch to act like 50k is basically not worth your time. It does depend on location, of course." Vitalsigns159 (Vitalsigns159): "Yea, I'm about to leave 26k. It was rough learning that a degree doesn't guarantee a decent job."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." benny_mod (benny_mod): "> Being loyal to a company almost never pays off.\n\nHowever being loyal to a worthy boss is. If you like the person you work for form a good relationship with them and keep in touch. You never know when they may start their own company or move to a good company and want to bring you with them. \n\nMy boss and I want to start a consulting firm. Be loyal to worthy people not a corporation because it is only people that can care about you. " mejelic (mejelic): "This is 100% true. It all comes back to, "Who you know"" Fatbastard2 (Fatbastard2): "It goes even deeper if you say "it's all about who knows YOU" "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." mambouli (mambouli): "On the other hand, my wife has been with her firm since she got out of college. She's a licensed assistant that makes roughly $90k/yr (financial services). She starts at 9, leaves at 4, gets taken on fancy, boozy lunch at least once or twice a ~~year~~ week. Has unlimited sick days.... [Edit : forgot about this one : 6 weeks vacations!]Sometimes, it's good to stay!\n\nI often remind her that even if she could jump ship for an extra $10k-$15k; those perks and that work environment are priceless. " Self: "I just took a 7% pay cut in order to cut my commute from 22 miles one way to 5 miles round trip, so I entirely understand that pay is not the only factor, but I only agreed to a pay cut because the commute was so much better and the total compensation package with bonuses/pto/insurance is higher than my base salary at my current job." Aeroxin (Aeroxin): "I'm currently driving 180 miles roundtrip every day for my job. It was rough at first, but now it's not so bad. I enjoy the time to listen to podcasts. Still, a 44 mile roundtrip commute would be incredible." Self: "If my 22 mile commute didn't take 90 minutes each way...more in inclement weather (it took two and a half hours to get to work on Tuesday) I wouldn't mind. \n\nI'm assuming that if you're doing 90 miles one way it's not hindered terribly by rush hour or you **really** love where you live and or work. " Aeroxin (Aeroxin): "It takes about 90 minutes for me as well, but I definitely sympathize with you there. I live in a fairly rural area so I didn't even think about how 22 miles could be pretty terrible in a more densely populated area." Self: "22 miles wouldn't be so bad if I didn't live in an area that's a) notorious for having aggressively terrible traffic, and b) there was some form of mass transit available from my house to my office, but I live in one suburb and work in another, far removed from even our poor local excuse for mass transit.\n\nI'm looking forward to having a 5 mile round trip commute SO MUCH I can barely express it in words." Aeroxin (Aeroxin): "That sounds horrific. I don't think I could ever live in a city."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " Matazat (Matazat): "Plus gas money!" mduell (mduell): "Rounding error compared to QOL."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " Matazat (Matazat): "Plus gas money!" Smackyfrog13 (Smackyfrog13): "Nvm wear and tear on your vehicle!" KimJungIr (KimJungIr): "And forget about the higher risk of dying in a car crash!" RadioactiveSlothMan (RadioactiveSlothMan): "Actually you are statistically most likely to have an accident within 5 minutes of your home, so there is probably very little difference. " anon445 (anon445): ""90% of shark attacks happen in shallow water" "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Be careful one bad or badly timed jump could ruin your whole career. " CannibalAngel (CannibalAngel): "And just how, exactly?" Self: "Easy make one bad move and lpse your j opp b you could look at decades of deprssed wages if you can even get back into your field "
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " KevMar (KevMar): "I was with a company 11 years. Under my director, I felt he had our back and would always do the right thing. I was a bit underpaid, but I felt my loyalty was reciprocated. I work my way up and took his job when he retired. \n\nExcept my new boss called it an interim appointment and would allow me to apply for it once he posted it. Then he never posted it. I left them 1.5 years after that promotion and they still had no plans to post that position. \n\nI realized I was way more loyal to them then they were to me."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "This is why we should always be looking. Being loyal to a company almost never pays off. We are mercenaries, and the highest bidder should win." enmunate28 (enmunate28): "But my pension..." isperfectlycromulent (isperfectlycromulent): "What's a pension? No one gets those anymore. " enmunate28 (enmunate28): "Maybe you need a better union. " isperfectlycromulent (isperfectlycromulent): "I'm in IT, what's a union?" appleciders (appleciders): "I've long thought that technology workers need a union badly. The crazy hours for coders are ridiculous. IT would have everyone totally over a barrel if they ever went on strike. Across the board, you guys handle sensitive information, have to have strong familiarity with your particular workplace's systems and operation, and you're generally tough to replace on short notice. An IT union would be really powerful."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Since 2009 I've almost tripled the salary I was making then my hopping around a decent bit.\n\nThere's no sense in being loyal to a company, since there's no reason for them to be loyal to you. The days of being a "lifer" are over, since there's not many companies that offer pensions as a retirement option anymore." alander4 (alander4): "Depends where I guess. I'm a "lifer" at Walmart. I make about 50k a year and have 6.5 weeks of PTO a year, which will increase to 7.5 in another 2 years when I hit my 20 year mark. You can carry over up to 2 weeks so at one point I can have 9.5 weeks of PTO. It's the only place I've ever worked and I started in high school. Worked my way through several different positions and levels of hourly and management. I have a 2 year degree but didn't continue on when I realized I enjoy what I'm doing right now, plus the PTO is insane. Soon I'll be able to take a week off almost every month of the year except nov dec busy months. I'm pretty glad I stayed where I did. Also they match 6% of my 401k and 15% of my stock purchases up to $180 matched by them. " jbrowncph (jbrowncph): "Yeah, but you've been with the company 20 years and you're stuck at 50k? No thanks." residentchubbychaser (residentchubbychaser): "$50k is enough to live comfortably (unless you have a lot of kids or something), and that amount of PTO leaves a ton of time to devote to hobbies and interests. Not everyone is in it just for money. It does sound like they're getting "raises" (in the form of benefits, like PTO) by staying there, so it's up to personal taste." jbrowncph (jbrowncph): "Eh, I wouldn't want to live on that kind of money, especially after devoting what more than likely amounts to more than a quarter of my life to one place." Vitalsigns159 (Vitalsigns159): "> I wouldn't want to live on that kind of money\n\nYea, I bet the 50% of the United states who make less than 30k would agree" Cynical_Chameleon (Cynical_Chameleon): "I know, right? After working 3 years at a knee-shattering factory for $24k and 10 days of pto (after the 2 year mark), I'd eat a shit brick to get 50k and that much vacation. Although I do have a better job now. \n\nBut yeah, it's a little out of touch to act like 50k is basically not worth your time. It does depend on location, of course." Proteus713 (Proteus713): "You wouldn't believe how out of touch some people can be. I work in oil and gas down in Houston and you run across some extremely deluded people from time to time. I was talking to a couple guys that were mind blown when I told them a household income of 160k easily puts you in the top 10-15% in most places in America. These guys were in dual income marriages with one or two kids pulling around 200k combined and didn't "feel wealthy.""
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "I was promoted in October. I did not get a raise, when I asked my manager why I'm giving so much praise and "promotions" why wasn't it rewarded with a raise. \n\nThe response I got was well, now that you're in a higher position, the cap on your salary is higher which will make it easier to give raises in the future. \n\nThat really pissed me off. I know my current salary is not at the cap for my previous position. This was just a way to deflect my frustration and substitute it with hope. \n\nWell that really motivated the shit out of me to get a new job. There is nothing they could do from that moment to change my mind, I took it personal. \n\nI am close to accepting a position for 40% more than I was making. I mean it's insane how cheap my company was but it was my first job out of college so I just stuck with them. By loyalty was not rewarded, and seriously you need to at least shop around to ensure you are getting fair market value.\n\nI can't stop grinning at the thought of putting my 2 weeks in. " atlgeek007 (atlgeek007): "I left a company in 2009 because at my annual performance review I was given a 1% raise despite a glowing review and a recommendation from my current direct supervisor to promote me to the next tier up from where I was because I was "at the salary cap for your current job title" and they "didn't feel I was a good fit" for the next title up. Keep in mind that my salary was inflated by tacking on bonus pay for being the weekend lead sysadmin in a 24x7 web hosting operation.\n\nAfter I left, from what I hear, all hell broke loose because they couldn't find anyone to fill my position for the relative peanuts they were paying." Self: "It's actually quite ridiculous. I am possibly in a position of power for the first time since starting with my company. We have had two other guys leave, have a TON of work booked for the next two years which I was named the lead on. So we are short handed AND are booked solid. Losing me is going to hurt, and I haven't given them any signs that I'm about to bounce because I want them to be fucked when I leave.\n\nSeriously I have trouble sleeping at night because the thought of moving on make me so happy I can't contain my excitement.\n\nFunny thing is, if they hadn't promoted me I might have not have been so motivated. Promoting me was a catalyst for my departure.\n\nGood luck to all out there searching" LetsTryScience (LetsTryScience): "I went on vacation and stopped by a business that sells the same brand my work did. Was shooting the shit and got offered a job on the spot which I kind of laughed off. Two weeks later after a few interviews I took the job with the same pay in a city with much lower cost of living.\n\nHoly shit it felt good to put in notice. Standard situation of working hard, being underpaid and underappreciated. After I left the guy who had been hired for the position I was supposed to get had to switch and fill in for me because they couldn't find anyone to replace me. The finally did find someone who lasted less than two months before getting fired. They are still looking for someone.\n\nNew job is awesome. I'm doing everything I used to do except now people are impressed and appreciative. Hitting end of year and getting a raise.\n\nSuck it old job."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "Congratulations on finally taking the jump. It's hard to leave a comfortable familiar job but can really be worth it. As you've found out.\n\nCongrats again."
User (socaldad): "[original thread](https://www.reddit.com/r/personalfinance/comments/2wf675/good_perf_review_good_company_profits_but_a_0/)\n\nThis post was from the middle of 2015. Most of the replies said the best way to get a raise would be to change companies. I stayed with that same company at that time, because I couldn't convince myself to make a move to another company. After getting a 0% raise in 2015, the company gave me a 3% raise for 2016, again with a good performance review. I decided at that point to apply elsewhere, and I was recently hired by another company. I got a 15% raise, and my commute went from 45 minutes (one-way) to 10 minutes. I should have made the jump sooner." Self: "The shorter commute is worth quite a bit in my opinion. That's a lot of hours of your life you get back. " k7eric (k7eric): "No kidding. Who here wouldn't jump for joy if they found out they are now earning an extra 5 hours of PTO per week...which is pretty close to the same thing as dropping a 40 min commute to 10. " Carbon_Dirt (Carbon_Dirt): "Not just that, but being able to swing by home over lunch is a blessing in and of itself.\n\nI used to have a half-hour commute and an hour-long lunch. Always just went out for lunch or if I brought my own I just sat in the break room, bored. Now I live about five minutes away; I come home, grab a quick sandwich, and take my dog for a half-hour walk so he's not restless when I get home. Or maybe change over some laundry if need be, maybe grab a shower if I worked hard in the morning, whatever. I dread the day when I have to switch jobs, and would probably consider moving again just to keep this convenience." onegravity (onegravity): "That's a lot within a short period of time. Was that all really possible? I'd imagine I'd be stressed out if I did that." AerospacingOut (AerospacingOut): "I used to live 7 minutes from my old job. It's astounding what you can do on an hour lunch. I'd come home, shower, nap, watch an episode of something, play some video games, whatever I felt like. You can fit a ton in 45 minutes" hubife13 (hubife13): "You didn't mention eating lunch?" AerospacingOut (AerospacingOut): "Kinda thought that was given"