If only things were so easy. Our department gets allocated $XX,XXX each year for raises. My boss has to split that among eight people. If I were to get a 5% bump like OP recommends, other people would get nothing.
Sounds like typical D-grade manager motivation. "Everyone work yourself to death and I might throw you a bone after one year!" I'd rather give up that 5% to have a sane work-life balance.
It's common knowledge that you must quit to increase your salary. It seems like a stupid practice for companies to follow, but it must make sense economically or they wouldn't do it.
Sounds like typical D-grade manager motivation. "Everyone work yourself to death and I might throw you a bone after one year!" I'd rather give up that 5% to have a sane work-life balance.
It's common knowledge that you must quit to increase your salary. It seems like a stupid practice for companies to follow, but it must make sense economically or they wouldn't do it.