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April 2018 pay action (On Topic Please)
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<blockquote data-quote="vantexan" data-source="post: 3363921" data-attributes="member: 24302"><p>I was surprised last year when they adjusted the brackets up, but I think things are coming into focus. Everyone is on a step progression now, your raise will be the next step. For topped out people you'll get a bonus if you get anything. There won't be an annual cost of living raise along with your step. People who believed that were IMO being overly optimistic considering all the years of small raises. That would be getting a 6%-7% step raise PLUS an annual 3%(or 2%) cost of living adjustment. More likely they'll look at where the brackets stand every 4 or 5 years and make an adjustment if they feel it's needed. If employee turnover settles down there won't be an incentive to give topped out bonuses either. Most likely they'd be happy for 40 somethings to quit and be replaced rather than pay them top pay for another 20 years. So get your 9 years worth of raises, settle for an adjustment every 5 years or so after topping out, and pray that inflation stays low.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3363921, member: 24302"] I was surprised last year when they adjusted the brackets up, but I think things are coming into focus. Everyone is on a step progression now, your raise will be the next step. For topped out people you'll get a bonus if you get anything. There won't be an annual cost of living raise along with your step. People who believed that were IMO being overly optimistic considering all the years of small raises. That would be getting a 6%-7% step raise PLUS an annual 3%(or 2%) cost of living adjustment. More likely they'll look at where the brackets stand every 4 or 5 years and make an adjustment if they feel it's needed. If employee turnover settles down there won't be an incentive to give topped out bonuses either. Most likely they'd be happy for 40 somethings to quit and be replaced rather than pay them top pay for another 20 years. So get your 9 years worth of raises, settle for an adjustment every 5 years or so after topping out, and pray that inflation stays low. [/QUOTE]
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