laurencewill, did you complain about your raise and ask for more? I agree that raises these days stink -- 2-3% if you work for a big corp. At the same time, your manager does have some leeway.
I remember, back in the days of 10%-without-any-questions-asked, my boss gave me 7% for a KILLER year. I mean, I had other managers' support, letters from clients, etc. etc. It was my first year out of b-school and I was out to climb the ladder all the way to the top. Didn't take both days of a weekend off for over a year (good thing too, as I was in the office when the Oakland Hills Fire ran through my neighborhood -- but I digress.)
I gently but firmly pointed out to my boss that 7% was what other managers were paying for merely adequate work, and was that the message he wanted to send me?
He came back a month later with 20%! I could NOT believe it. He'd had the leeway, but tried to chisel me just because he COULD. Probably thought he was doing the company a favor by keeping expenses down. Funny thing, I was more pissed off than pleased with the 20%, because I felt that he'd tried to cheat me.
Anyway, be calm and professional (as I know you will), but let the boss know that he's sending you a message as to your value and your future with the company. At the same time, you pretty well MUST change jobs at some point to keep your salary up to market levels, so you might as well "test the waters" now, or soon.
My motto has been since back then: "you don't ask, you don't get."
Best of luck to you, and keep us posted!
Caroline
I remember, back in the days of 10%-without-any-questions-asked, my boss gave me 7% for a KILLER year. I mean, I had other managers' support, letters from clients, etc. etc. It was my first year out of b-school and I was out to climb the ladder all the way to the top. Didn't take both days of a weekend off for over a year (good thing too, as I was in the office when the Oakland Hills Fire ran through my neighborhood -- but I digress.)
I gently but firmly pointed out to my boss that 7% was what other managers were paying for merely adequate work, and was that the message he wanted to send me?
He came back a month later with 20%! I could NOT believe it. He'd had the leeway, but tried to chisel me just because he COULD. Probably thought he was doing the company a favor by keeping expenses down. Funny thing, I was more pissed off than pleased with the 20%, because I felt that he'd tried to cheat me.
Anyway, be calm and professional (as I know you will), but let the boss know that he's sending you a message as to your value and your future with the company. At the same time, you pretty well MUST change jobs at some point to keep your salary up to market levels, so you might as well "test the waters" now, or soon.
My motto has been since back then: "you don't ask, you don't get."
Best of luck to you, and keep us posted!
Caroline