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Annual Compensation Adjustment


DrGravitas

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At The Company we are evaluated each half-year on our performance and assigned a value up to a max of 5. We also recieve an annual compensation adjustment (raise) and bonus, based on our assigned performance band for the year. This year, for the first time in the ~6 years I've been with them, I've managed a > 4.00 for both half-year performance assessments!

Sadly, this actually has no impact on our performance band assignment. So this means that, for the 3rd year in a row, I have recieved a B ranking, indicating my continued lack if friends in high places. Previously, this was scaled on a bell-curve from A to D, with a special E meaning "get this again and your gone." Now, the scale is ABC, with variation in the percent associated with them, so I only barely ended up on the above-average ranking this time.

 

TL;DR I got a 2.7% raise and a bonus today. Time to get some commissions! :V

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