People not getting a raise - commiserate itt Forum
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People not getting a raise - commiserate itt
I'm in basically a tertiary market and the firms don't pay attention to what NYC does. I guess first years are going to have to keep billing 1900 to 2000 to make $100k - $110k (if you're lucky you can work at the firms that want you to bill nyc hours for $120k).
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Re: People not getting a raise - commiserate itt
I now make half what a third of my classmates make
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Re: People not getting a raise - commiserate itt
I am an ashamed CovingTTTTTTTTTon loser.
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Re: People not getting a raise - commiserate itt
My first year my salary back when the NYC market was $160k was $75k for a 2000 billable requirement. I feel the pain.tyroneslothrop1 wrote:I now make half what a third of my classmates make
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Re: People not getting a raise - commiserate itt
My firm JUST raised salaries and went more lockstep this January, probably due to the crazy NY bonuses. I am very happy with the salary increase, but no way they move again based on this. (Then again, aren't market-comp people concerned that the $180k will just come out of their aforementioned crazy, very recently increased bonuses? I would be.)
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Re: People not getting a raise - commiserate itt
Same here. Firm just went to ny scale in tertiary market. Though col is insanely cheap so there is that. But still should have gone to Winston.Anonymous User wrote:My firm JUST raised salaries and went more lockstep this January, probably due to the crazy NY bonuses. I am very happy with the salary increase, but no way they move again based on this. (Then again, aren't market-comp people concerned that the $180k will just come out of their aforementioned crazy, very recently increased bonuses? I would be.)
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Re: People not getting a raise - commiserate itt
If you're actually with Covington, what's the office like right now? How mad are people?Anonymous User wrote:I am an ashamed CovingTTTTTTTTTon loser.
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Re: People not getting a raise - commiserate itt
At a ~V93 that pays slightly below market. Living vicariously through others.
- L’Étranger
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Re: People not getting a raise - commiserate itt
That was a weird move in terms of how they rushed in with the NY only bump. It's like they're trying to start a trend for others to follow.Anonymous User wrote:I am an ashamed CovingTTTTTTTTTon loser.
But now if they are forced to come up to (what I hope is) the new market in all of their offices, they'll just look dumb.
Would have been better to just wait.
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Re: People not getting a raise - commiserate itt
Work for the Feds. We haven't even received a full COLA raise since I started working in 2009. But at least I typically work a <40 hr workweek!
*Nobody said this was a BigLaw only thread.
*Nobody said this was a BigLaw only thread.
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Re: People not getting a raise - commiserate itt
State employee in a tea party state here. Hoping to land a sweet $.10 an hour "merit based" raise this year!
- jess
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Re: People not getting a raise - commiserate itt
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Last edited by jess on Thu Oct 26, 2017 2:46 am, edited 1 time in total.
- zot1
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Re: People not getting a raise - commiserate itt
A better reason to do it would be that I see people here who are making less than they could in BigFed but working more hours.linquest wrote:Work for the Feds. We haven't even received a full COLA raise since I started working in 2009. But at least I typically work a <40 hr workweek!
*Nobody said this was a BigLaw only thread.
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- zot1
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Re: People not getting a raise - commiserate itt
^ accidental anon.
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Re: People not getting a raise - commiserate itt
It's supposed to be tied to inflation. We had pay freezes from 2011 – 2013, and 1% raises annually since then. From the late 80's through the early 2000's when my Dad was a Fed, the raises were usually around 4% a year.jessuf wrote:What is the full raise?linquest wrote:Work for the Feds. We haven't even received a full COLA raise since I started working in 2009. But at least I typically work a <40 hr workweek!
- baal hadad
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Re: People not getting a raise - commiserate itt
I'd take dem small raises for the opportunity to basically never get firedAnonymous User wrote:It's supposed to be tied to inflation. We had pay freezes from 2011 – 2013, and 1% raises annually since then. From the late 80's through the early 2000's when my Dad was a Fed, the raises were usually around 4% a year.jessuf wrote:What is the full raise?linquest wrote:Work for the Feds. We haven't even received a full COLA raise since I started working in 2009. But at least I typically work a <40 hr workweek!
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