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Class Year/Salary Question
Posted: Mon Jul 10, 2017 9:41 pm
by newb611
Stupid question but when does a salary increase to the next "step" generally take place? Say you start working in September 2017 at $180K -- does the increase to $190K take place a year after your start (so, Sept. 2018), or not until January 2019?
Re: Class Year/Salary Question
Posted: Mon Jul 10, 2017 10:08 pm
by Anonymous User
Most firms I know of do it on January 1. So yes, in your scenario it would be 190 starting January 1, 2019.
Re: Class Year/Salary Question
Posted: Mon Jul 10, 2017 10:21 pm
by Anonymous User
September to January is considered your "stub" year. Your real first year starts in January.