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How is your raise calculated?
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How are raises calculated?
When do they kick in?
Salaries hiked by: | Effective Date: | For every $100 Earned in 2008 you'll earn | notes on implementation |
2% | April 16, 2009 | $102.00 | Granted retroactively |
2% | October 16, 2009 | $104.00 | ---------- |
2% | April 16, 2010 | $106.08 | compounds the 4% raise in 2009 and amounts to a $2.08 raise over 2008 |
2% | October 16, 2010 | $108.16 | compounds the 4% in 2009 and amounts to a $2.08% raise over 2008 |
3% | January 16, 2011 | $111.28 | compounds the 4% raise in 2009 and amounts to a 3.12% raise over 2008 |