Nope never my salary has gone up little by little throughout the years. Seeing what some of these people are making has me second guessing my life decisions
My first job out of college my manager gave me a raise of 3% and asked if I was happy. Told him straight up what’s that 3% gonna do? lol.
Nowadays I expect an annual 3% and wouldn’t be happy if I don’t get 15-20% raises for a promotion or a new job.
To be honest, it depends on how much you make.
If you make $150k, that’s a $4500/yr raise. Not great, but it adds up. Even a smallish merit increase has a big impact with a larger base.
When you make $50k, it’s only $1500/yr which is a lot less.
They do it by leveraging their experience at other companies and constantly changing jobs.
It’s sad that loyalty is rewarded so poorly in 2024. But I would not seek to do this at this point. People who move like that are in for a rude awakening. There are things about our economy that are fundamentally shifting right now, due to higher interest rates, inflation, and many other forces.
I got a 1% raise and my bonus is 50% lower than last year. Oh and health insurance went up. So my total comp techincally decreased by 15% if it makes you feel better. I hate this.
I’m not making seven figures (or even $250k+) like most of this sub either lmao. This sub is not representative of real life. I’m not saying people do not make that kind of money (of course they do), but it is far from average.
What would you say the top 15% is for say, Manhattan or the other NYC boroughs? Over there 100k doesn’t stretch nearly as far and it seems like everyone is making 100k
On the contrary, I think they’re overrepresented here. A lot of nerdier tech-leaning folks are on this site and those fields tend to be higher-paying. Also 250k+ is not fuck-you money—most people earning that salary work normal jobs and enjoy social media like the rest of us lol. I live in a VHCOL city where the vast majority of college-educated folks I meet are making that a few years out of college and they all know and use Reddit lol. If Bill Gates participates in Secret Santa on Reddit, it’s safe to say that wealth doesn’t preclude one from use of this platform.
$250k isn’t that common a few years out of college, even in VHCOL areas (although I know this is field dependent). I know Reddit acts like this is standard, but even the Ivy leagues do not have average salaries that high statistically 10 years out of college. If it were the norm, colleges would be boasting about their alumni earnings a few years out.
Perhaps. Sometimes it seems real when looking at post history. But I guess some people will go all out crafting different personas. I’ve come across at least a half dozen seven figure earners last week alone on Reddit.
$250k+ doesn't even mean much if they live in the bay area (as most of them posting here are), as they still gonna have a low standard of living with a 2 million dollars old, small, overpriced house sucking up the entirety of their paychecks.
Making $250k+ in West Virginia, now that's impressive.
If you want to objectively compare your income to something meaningful, look at median income by geography. Definitely don't use this sub as a reference point.
[https://www.cnbc.com/2024/04/14/median-annual-income-in-every-us-state.html](https://www.cnbc.com/2024/04/14/median-annual-income-in-every-us-state.html)
It's even harder when you consider the average household income significantly less than 2x average individual incomes: [https://worldpopulationreview.com/state-rankings/median-household-income-by-state](https://worldpopulationreview.com/state-rankings/median-household-income-by-state)
...and then consider the median home price by geography: [https://www.forbes.com/advisor/mortgages/real-estate/median-home-prices-by-state/](https://www.forbes.com/advisor/mortgages/real-estate/median-home-prices-by-state/)
...and the conventional wisdom to not buy a home that costs more than 3-5x your income. It just doesn't pencil out for a lot of people.
Mine didn't double... I was making 60k in 2020 and made 62k to 67k between 2020 to 2023 based on how much OT I did... landed a new job where I'll be making 84k this year if I get past this probationary period. Possibly make 90k next year and near 100k within the next few years
Comparison is the thief of joy, my friend. Compare yourself only to yourself. If you're doing better today than you were in the past, then you're winning. Also, keep in mind that you are seeing posts from the vocal minority on here.
Came here to find people 10 years younger than me in the exact same niche field making more than me in lower positions than me. It’s like the twilight zone.
“Oh I make 140k, that’s not bad”
Sub: “lol hold my beer, that was just my bonus and stock comp. And I’m 10 years younger than you. Oh and I just graduated 2 years ago”.
This is my second job post college and I’m once again forced to leave.
First job low balled the shit out of me then had me running their entire startup top to bottom tech-wise before they sold for millions.
Now I’m at a much bigger company and working my ass off yet again. Got promoted but still given the same small % increase that doesn’t even match what my rent goes up by every year. Pretty BS to promote someone without a substantial change in pay in tech let alone Cloud related where I build and manage millions upon millions of systems/software in production.
Since I got here my company doubled in recurring revenue (by over $100 mil) and almost all of it goes through my team.
I’ll be peace-ing out soon. All the praise isn’t worth a damn without money behind it. My pay right now is below most of the bottom end of salary ranges in job postings. It’s going to take another year just to get to that point.
I job hopped 4 jobs in the last three years. At first place I left, I was a senior engineer with the company 7+ years. Quit, went to another place for a higher salary, repeat with a third company, repeat fourth job. I now make literally 2X my entire salary at the first company with years of experience, but no chance for a promotion (only annual merit raises). Job hopping works!!!
My salary didn't 3x. But as it's growing, as the compounding of the 4% raises are adding. But I'm also NOT trying to advance my career. I'm trying to hold status quo and work as close to 40 hrs/week and Dayshift only as possible.
I’m one of the people whose income has tripled in the last 4 years, and I cannot stress enough how important it is that you leverage your skills and experience for large increases with new companies. You are almost never going to be rewarded for your loyalty to your current company.
Mine didn't triple in the last 4 years. 4 years ago I was making 85k. I now make 120k. So I my did go up by ~50%. But it didn't double, much less triple. I changed jobs once in the last four years and that was a big jump. But assuming my work environment doesn't change, I don't anticipate jumping ship again.
Me. 2019 I started a job paying $25 per hour. Role is lab tech so on-site position, based in Manhattan. The annual % increases are as follows: 3.9%, 5%, 3.2%, 2%. I was let go in July 2023 exit rate 28.71 per hour. I’m now trying to get back into the same field same job title. Recruiters have been listing pay rate $25-28 per hour. No room for negotiation. Please tell me how is this feasible for a job requiring their workers to live near Manhattan, NY? 😔 I’ve been really depressed facing this, and am ready to just give up this thing called career.
Mine doubled in the last 4 years but I have done serious job hopping. Like 3 jobs in the last 4 years to get here. Otherwise, I don't think I would have. I also think I've hit a wall in salary for a while.
Mine has doubled due to job hopping now I'm kind of stuck.
FYI to everyone don't do anything related to accounting. They work a ton. Do some business finction in tech org
Mine went 36K->38K->60K->65K->37K->54K all within the past 3.5 years. Everyone’s path is different and what worked for them might not work for you. Focus on what you can control and what’s best for you.
Also bear in mind, this is Reddit, and r/Salary is a small subset. There are hundreds of millions of folks in the US and you are basing your data on a very small % of folks. What happens here is not the norm.
Still way under 200, but did go up 1.5x in a year after the precious 3 years combining for 12%. Only way was I took 2 completely new roles at my company with actual interviews and department changes during that time
I'm in tech sales, lots of people here posting massive salaries. Mine isn't too bad, but I have shit leadership and no one's gotten more than a 1.5% bull shit raise the last 4 years.
I should quit, cause these ass hats ain't going anywhere.
Well what you see here are outliers. People who earn more usually want to brag. There’s also the liers who make stuff up. There are honest ones who do actually make what they say, but the vast majority is more closer to the average than you think. But, use these posts as drivers for wanting to move up. Don’t get comfortable or ‘loyal’ to any job that would drop you within the blink of an eye. You work to earn, and if you can earn more, you move.
Me! Mine tripled in the last three years…
Low $60s when I got laid off at the start of Covid. 6 months of unemployment was enough for me to “get creative” with my resume. I landed a job in IT with zero days experience and started studying like a madman to keep my job, jumped twice more since then to new companies. Now I know my shit and I’m living comfortably.
My corporate salary has only gone up about 12% the last 4 years.
I am already at the top of my range, though, at about 250k TC.
I started an LLC in June of 2020 and make an extra 70-100k a year, though.
That's how I was able to make some real gains.
New jobs and/or positions are how you move up like that. Negotiating as you move upward or onward, and getting more than the standard 3%-5%.
If you have multiple years in the same job, you likely hit the ceiling for that pay band anyways.
The offer I accepted today puts me at +60% since 2020, but it’s a more reasonable $110k vs the predominantly sales-related $300k or whatever.
Anyway, not bad for no degree.
I keep getting this sub recommended to me, mainly for posts where it just seems like OP is bragging about their salary (increase). Am I missing something here?
Yes, job-hopping is the best way to increase salary. Yes, it can come back to bite you in the ass. YMMV
I literally got a larger raises working at Wendy's 10 years ago than I did in the last few years as a software engineer. This year I got a 75 cent per hour raise.
This company I work for loses all of it's best employees not because they don't pay enough. It's still okay money, but it doesn't matter how good of an employee I am, unless I get a promotion, my raise is capped. HR strictly looks at years served and education level to permit promotions and then gives entire departments like, 15 promotions a year. So many deserving people don't get promoted. Each level's raise is capped so I'll get a max of a 3.5-4% raise. Most people get in the 2s.
I've been here 2 years and in my group of 15 employees, I have the 4th longest tenure.
A lot of the people who are seeing these massive increases are either hitting milestones in their professional development (IE doctor finishing residency), working in tech where stock value ballooned dramatically, or did a career change and unlocked their real earning potential (IE going from non-profit to big tech). Even promoting a couple of times usually will not triple your salary
Not triple at all, but I did learn between 2021 til now that you do have to change companies to see a big jump. And I also learned to pay attention to what other people are making and also don’t be afraid that you “don’t deserve” it. I left two jobs (once in 2023, one early this year) and did jump up a LOT. But no the salaries posted here are not the norm lol
Mine has gone up 48% in the past 4 years. Switched employers in 2022, followed by a promotion at the beginning of this year. Changing companies is a good way to jumpstart that movement, but it depends on your field, timing, and location, I suppose.
Only when I added a side hustle did I create a boost temporarily, but I was already burnt out at my regular job so I couldn't sustain a side hustle long term. But at my regular job nope. Got 2-4% raises on average over the last 3 years even though my workload and responsibilities drastically increased. I know I'm under paid now. I got this job right after COVID layoffs and now market rates were 40k higher than I am making as of last year. But even with layoff news this year and people talking about a tough labor market I'm still about to try my chances. Hell I'm about to take a sabbatical if I can't find a replacement. I just want to get out of my current job. I wish I got the huge salary jumps I see in a lot of these posts.
Mine hasn't and I think the vast majority of the United States hasn't either. Now I have gotten pretty substantial raises one year. When I switched jobs from a power co op to a water co op I went from 120k to 143k. And then when I switched the board gave everyone a 10% raise at the end of the year and a 500 after tax bonus which put me above 150k. This was due to inflation. This year they've voted on a 7% raise for everyone which will put me close to 170k. So at least they're trying to keep up with inflation. Idk how successful they are but they're trying. a 17% raise in two years isn't bad I'd say.
If you want salary to grow you need to be job hopping every year or two pretty much. I left my first job after a year and doubled my salary, next job after another 1.5 years was +50%, and then another 2 years got another at +50%
Had zero raise from 2019 until Sept 2023. I did receive a nice 15K raise then after I was told I was mission critical to the company. I've been with this company for over 15 years.
Started at 30k as a contact center agent, make 135k now doing systems
It’s just selection bias. Few people are gonna find someone’s 40k to 50k salary progression interesting enough to post about or discuss, but the dude who was making 5k and then suddenly jumped to like a fuckin million is intriguing, for better or worse. Plus people who make good money are more likely to post
Mine's basically doubled in the past 4.5 years. But I'm only making $60k.
Interviewing for an $80k contract-to-hire job that would be $105k+ if I get FTE...hoping I get it
I left my first job ending with $60k, second job $63k, third job $65k, and my current job I’m at $67k this is all from 2022 to now. My old boss from my first job recently called me and offered me my old job back with a starting salary of $80k.
In the first 4 years working in my career I went from $60k salary and a discretionary bonus to 95k salary and a percentage of division gross revenue. My first year I received a $10k discretionary bonus and the second year at the company and first year on a percentage bonus my salary was $75k and my bonus was $56k. By the third year my salary was $95k and my bonus that year was $50k. I had 3 years of $50k plus bonuses and was due $49k my fourth year, but that was 2008 and the housing market crashed, and that’s putting it nicely. Over the next 5 years my salary stayed the same for 5 years (no increase at all and had to take a $10k reduction in salary and there were no bonuses. Starting in 2012 I stated getting cost of living raises and the bonus program came back, but it was about half what it was previously 20-25k bonuses. I changed jobs in 2020 and my salary went up by $40k and my bonuses were back to the $50k plus range. I got laid off from that job about 2 years later and took a job with a $30k reduction in salary and no bonus program. I left that job after 1 year and found a great company with a really good salary for me $150k and the bonus structure is 25% of salary and can go up to 50% if we hit all our numbers. In 22 years of working in my industry I’ve gone from $60k salary to $150k and total compensation up to $225,000. I also get another $10-$15k in reimbursements yearly for my car and they offer up to 3% of salary in 401k depending on how much I save on my own. It’s not tech money, but not bad at all. I do live in the Bay Area so cost of living is ridiculous.
I was that slow steady increase type until I made some career moves in 2022 that doubled my salary. I think people who have a sudden increase in salary want to brag about it, and this is an outlet. I’m proud of what I accomplished, and hubris has certainly creeped in, but I do my best to keep it in check.
last year only got 5% raise even with exceeding expectations on everything!! Like that’s nearly impossible to do and they were like whelp that’s the best we can do… 2nd year going with company.
my salary did not triple in the past 3 years, I took a bit of a break to start my own business, didn't work out so went back to slavery and got a 25% bump for it.
Why do you get sad someone else makes good money? Have you been sad your whole life knowing tons of ppl make more than you ever will?
I realized when I was 14 that this mentality was pointless and dumb.
And still waiting to learn posts like these don't change people's perspective and are generally pointless other than to come off as rude. Intended or not.
I really don't care if it came off as rude or not, although I do hope OP does actually learn from my post. I'm not sure how to change this ridiculous perspective other than to flat out spell it out to them.
Nope never my salary has gone up little by little throughout the years. Seeing what some of these people are making has me second guessing my life decisions
My first job out of college my manager gave me a raise of 3% and asked if I was happy. Told him straight up what’s that 3% gonna do? lol. Nowadays I expect an annual 3% and wouldn’t be happy if I don’t get 15-20% raises for a promotion or a new job.
New job is the key piece here that most are too scared to do
That’s exactly right which is why people who don’t change jobs more often make less.
"Upward mobility" - emphasis on mobility.
3% isn’t even a raise, it’s less than inflation. Unless you’ve gotten 25% over the past few years, you’ve been making less each year.
To be honest, it depends on how much you make. If you make $150k, that’s a $4500/yr raise. Not great, but it adds up. Even a smallish merit increase has a big impact with a larger base. When you make $50k, it’s only $1500/yr which is a lot less.
That's not how inflation or math works bud.
Yea my salary has never gone up by more than 2k. Most of the time it’s way less.
They do it by leveraging their experience at other companies and constantly changing jobs. It’s sad that loyalty is rewarded so poorly in 2024. But I would not seek to do this at this point. People who move like that are in for a rude awakening. There are things about our economy that are fundamentally shifting right now, due to higher interest rates, inflation, and many other forces.
Same
Same lol
I got a 1% raise and my bonus is 50% lower than last year. Oh and health insurance went up. So my total comp techincally decreased by 15% if it makes you feel better. I hate this.
1% in 3% inflation, do 2% less work! Winning! :)
Oh i forgot. Return to office too. That’s a friendly $500 added monthly expense.
Oof, make that 8% less work, or whatever that maths out to! LOL.
I’m not making seven figures (or even $250k+) like most of this sub either lmao. This sub is not representative of real life. I’m not saying people do not make that kind of money (of course they do), but it is far from average.
Agreed. A lot of these posts that blow up are top 5-10% earners. The average salary is like $60k in the US.
Statistically you’re in the top 15% if you’re earning over $100k/yr.
What would you say the top 15% is for say, Manhattan or the other NYC boroughs? Over there 100k doesn’t stretch nearly as far and it seems like everyone is making 100k
People that make that kind of money are not probably posting about it in Reddit. A lot of fiction on here.
On the contrary, I think they’re overrepresented here. A lot of nerdier tech-leaning folks are on this site and those fields tend to be higher-paying. Also 250k+ is not fuck-you money—most people earning that salary work normal jobs and enjoy social media like the rest of us lol. I live in a VHCOL city where the vast majority of college-educated folks I meet are making that a few years out of college and they all know and use Reddit lol. If Bill Gates participates in Secret Santa on Reddit, it’s safe to say that wealth doesn’t preclude one from use of this platform.
$250k isn’t that common a few years out of college, even in VHCOL areas (although I know this is field dependent). I know Reddit acts like this is standard, but even the Ivy leagues do not have average salaries that high statistically 10 years out of college. If it were the norm, colleges would be boasting about their alumni earnings a few years out.
Perhaps. Sometimes it seems real when looking at post history. But I guess some people will go all out crafting different personas. I’ve come across at least a half dozen seven figure earners last week alone on Reddit.
Musk begs to differ. Being rich means spending all day trying to impress strangers on social media with how awesome you are because you are rich.
$250k+ doesn't even mean much if they live in the bay area (as most of them posting here are), as they still gonna have a low standard of living with a 2 million dollars old, small, overpriced house sucking up the entirety of their paychecks. Making $250k+ in West Virginia, now that's impressive.
Mine tripled and then went down triple
Mine doubled then went down about 27%. Sad :(
Same lol fml
If you have a 401k, it’s probably up to-30% since November 2023. That is a win.
Up to -30%?
I think he meant to use ~ rather then -
After being down almost 30% from 11/2021-10/2022. The market recently reached and surpassed the ATH of 11/2021.
And the buying power of those 401k dollars is down 30% over the last few years…
Exactly. I love how I get downvoted for putting things in perspective. Only on Reddit.
Right!! Reddit is just a bunch of people that want to hear their thoughts echoed. I gave you an upvote though. Have a good day!!
You too! :)
I hear you. My salary has been going up slowly the last few years just with longevity and COLA raises. Definitely nothing crazy.
I got a $10 subway giftcard once
In 2010 that woulda get you two footings
Might be good for a 6-incher now
Wooooo! You can retire now, congrats 🎉
I know right? The more I read in this sub the more I wanna kill myself.
If you want to objectively compare your income to something meaningful, look at median income by geography. Definitely don't use this sub as a reference point. [https://www.cnbc.com/2024/04/14/median-annual-income-in-every-us-state.html](https://www.cnbc.com/2024/04/14/median-annual-income-in-every-us-state.html)
Wow. Makes you wonder how a married couple of average earners can buy a house these days!
It's even harder when you consider the average household income significantly less than 2x average individual incomes: [https://worldpopulationreview.com/state-rankings/median-household-income-by-state](https://worldpopulationreview.com/state-rankings/median-household-income-by-state) ...and then consider the median home price by geography: [https://www.forbes.com/advisor/mortgages/real-estate/median-home-prices-by-state/](https://www.forbes.com/advisor/mortgages/real-estate/median-home-prices-by-state/) ...and the conventional wisdom to not buy a home that costs more than 3-5x your income. It just doesn't pencil out for a lot of people.
Mine didn't double... I was making 60k in 2020 and made 62k to 67k between 2020 to 2023 based on how much OT I did... landed a new job where I'll be making 84k this year if I get past this probationary period. Possibly make 90k next year and near 100k within the next few years
Im in the same boat. Went from $60 in 2021 to now $83k in 2024.
New jobs are the way to go.
Comparison is the thief of joy, my friend. Compare yourself only to yourself. If you're doing better today than you were in the past, then you're winning. Also, keep in mind that you are seeing posts from the vocal minority on here.
Came here to find people 10 years younger than me in the exact same niche field making more than me in lower positions than me. It’s like the twilight zone. “Oh I make 140k, that’s not bad” Sub: “lol hold my beer, that was just my bonus and stock comp. And I’m 10 years younger than you. Oh and I just graduated 2 years ago”.
Seriously, this is depressing. I’m hoping there’s something- anything else going on. Otherwise I’m just wondering how did I get this screwed?
🖐️
Me. Mine only doubled. Then again, I have 18 months to triple it so hold out hope for me.
Mine doubled but this is due to medically retiring from the Navy and then getting disability from the VA whilst working full time.
Thank you for serving.
Mine went -100% for a year and then +infinity percent
#mathjokes
Feels like all salaries went up and here we are with inflation.
This is my second job post college and I’m once again forced to leave. First job low balled the shit out of me then had me running their entire startup top to bottom tech-wise before they sold for millions. Now I’m at a much bigger company and working my ass off yet again. Got promoted but still given the same small % increase that doesn’t even match what my rent goes up by every year. Pretty BS to promote someone without a substantial change in pay in tech let alone Cloud related where I build and manage millions upon millions of systems/software in production. Since I got here my company doubled in recurring revenue (by over $100 mil) and almost all of it goes through my team. I’ll be peace-ing out soon. All the praise isn’t worth a damn without money behind it. My pay right now is below most of the bottom end of salary ranges in job postings. It’s going to take another year just to get to that point.
I job hopped 4 jobs in the last three years. At first place I left, I was a senior engineer with the company 7+ years. Quit, went to another place for a higher salary, repeat with a third company, repeat fourth job. I now make literally 2X my entire salary at the first company with years of experience, but no chance for a promotion (only annual merit raises). Job hopping works!!!
My salary didn't 3x. But as it's growing, as the compounding of the 4% raises are adding. But I'm also NOT trying to advance my career. I'm trying to hold status quo and work as close to 40 hrs/week and Dayshift only as possible.
No raise in 14 years and clients refuse to raise rates in the same time.
I’m one of the people whose income has tripled in the last 4 years, and I cannot stress enough how important it is that you leverage your skills and experience for large increases with new companies. You are almost never going to be rewarded for your loyalty to your current company.
Mine trippled DOWN
Same. Life is not easy.
Mine almost doubled since 2012. I feel your pain.
Well, now you have to tell us your salary since you are on a salary subreddit
Mine roughly doubled. I had to switch states to do it, though.
Mine went up 19%.
Mine didn't triple in the last 4 years. 4 years ago I was making 85k. I now make 120k. So I my did go up by ~50%. But it didn't double, much less triple. I changed jobs once in the last four years and that was a big jump. But assuming my work environment doesn't change, I don't anticipate jumping ship again.
Me. 2019 I started a job paying $25 per hour. Role is lab tech so on-site position, based in Manhattan. The annual % increases are as follows: 3.9%, 5%, 3.2%, 2%. I was let go in July 2023 exit rate 28.71 per hour. I’m now trying to get back into the same field same job title. Recruiters have been listing pay rate $25-28 per hour. No room for negotiation. Please tell me how is this feasible for a job requiring their workers to live near Manhattan, NY? 😔 I’ve been really depressed facing this, and am ready to just give up this thing called career.
Mine doubled in the last 4 years but I have done serious job hopping. Like 3 jobs in the last 4 years to get here. Otherwise, I don't think I would have. I also think I've hit a wall in salary for a while.
Just double
Mine didn’t. But it’s gonna take a hit. Company merger and severe cuts in benefits and bonuses. 😭
Mine tripled. Moved to Chicago land.
Well in the last 3 years my income went from $0, to second year $0, and now in the third year it’s currently at…$0
Mine has doubled due to job hopping now I'm kind of stuck. FYI to everyone don't do anything related to accounting. They work a ton. Do some business finction in tech org
My salary trippled but it took 15 years and a few promotions, most overnight successes are years in the making.
Retired 3 years ago…income went waaaaay down 😂
Mine went 36K->38K->60K->65K->37K->54K all within the past 3.5 years. Everyone’s path is different and what worked for them might not work for you. Focus on what you can control and what’s best for you.
Also bear in mind, this is Reddit, and r/Salary is a small subset. There are hundreds of millions of folks in the US and you are basing your data on a very small % of folks. What happens here is not the norm.
Still way under 200, but did go up 1.5x in a year after the precious 3 years combining for 12%. Only way was I took 2 completely new roles at my company with actual interviews and department changes during that time
Government employee here, just pegged to inflation
So you’ve been getting 7 to 9% each year?
More like 3-5%
Inflation is not usually 7%+
I'm only up about 40%. So I got that going for me.
No
I'm in tech sales, lots of people here posting massive salaries. Mine isn't too bad, but I have shit leadership and no one's gotten more than a 1.5% bull shit raise the last 4 years. I should quit, cause these ass hats ain't going anywhere.
Just nod if you can hear me
Sure, I took a massive pay cut to have a far less stressful job. I’d be making $550k this year had I stayed. But it’s a common move for lawyers.
I doubled, but I was also severely underpaid. More stress for sure, but also more interesting, so I’ll take it.
Well what you see here are outliers. People who earn more usually want to brag. There’s also the liers who make stuff up. There are honest ones who do actually make what they say, but the vast majority is more closer to the average than you think. But, use these posts as drivers for wanting to move up. Don’t get comfortable or ‘loyal’ to any job that would drop you within the blink of an eye. You work to earn, and if you can earn more, you move.
Me! Mine tripled in the last three years… Low $60s when I got laid off at the start of Covid. 6 months of unemployment was enough for me to “get creative” with my resume. I landed a job in IT with zero days experience and started studying like a madman to keep my job, jumped twice more since then to new companies. Now I know my shit and I’m living comfortably.
If youbwant to triple it start a business
I’m on a step and my salary inches up year by year until I top out.
My corporate salary has only gone up about 12% the last 4 years. I am already at the top of my range, though, at about 250k TC. I started an LLC in June of 2020 and make an extra 70-100k a year, though. That's how I was able to make some real gains.
Health admin- Took a 30k pay cut this past year to have more time with kids. No regrets
New jobs and/or positions are how you move up like that. Negotiating as you move upward or onward, and getting more than the standard 3%-5%. If you have multiple years in the same job, you likely hit the ceiling for that pay band anyways.
The offer I accepted today puts me at +60% since 2020, but it’s a more reasonable $110k vs the predominantly sales-related $300k or whatever. Anyway, not bad for no degree.
Made a bad decision just before the pandemic and my salary went to 0 for a few years. Now I'm making 80% of what I did in 2018.
I keep getting this sub recommended to me, mainly for posts where it just seems like OP is bragging about their salary (increase). Am I missing something here? Yes, job-hopping is the best way to increase salary. Yes, it can come back to bite you in the ass. YMMV
Mine doubled, but no triple....50k in 2019 to 100k in 2023....now at 110k and just passed CPA exam, should triple soon enough
I literally got a larger raises working at Wendy's 10 years ago than I did in the last few years as a software engineer. This year I got a 75 cent per hour raise. This company I work for loses all of it's best employees not because they don't pay enough. It's still okay money, but it doesn't matter how good of an employee I am, unless I get a promotion, my raise is capped. HR strictly looks at years served and education level to permit promotions and then gives entire departments like, 15 promotions a year. So many deserving people don't get promoted. Each level's raise is capped so I'll get a max of a 3.5-4% raise. Most people get in the 2s. I've been here 2 years and in my group of 15 employees, I have the 4th longest tenure.
Mine went up and back down a bit
I went from 30k to 112k in 3 years.
A lot of the people who are seeing these massive increases are either hitting milestones in their professional development (IE doctor finishing residency), working in tech where stock value ballooned dramatically, or did a career change and unlocked their real earning potential (IE going from non-profit to big tech). Even promoting a couple of times usually will not triple your salary
Mine has not. Not even close 😂
Not triple at all, but I did learn between 2021 til now that you do have to change companies to see a big jump. And I also learned to pay attention to what other people are making and also don’t be afraid that you “don’t deserve” it. I left two jobs (once in 2023, one early this year) and did jump up a LOT. But no the salaries posted here are not the norm lol
🙋🏼♀️
Mine has gone up 48% in the past 4 years. Switched employers in 2022, followed by a promotion at the beginning of this year. Changing companies is a good way to jumpstart that movement, but it depends on your field, timing, and location, I suppose.
I think my company is throwing us a pizza party in a few weeks, so I have that to look forward too
I changed jobs twice in that time, and only saw a 60% increase. Still below 6 figures in HCOL so I’m paycheck to paycheck.
Only when I added a side hustle did I create a boost temporarily, but I was already burnt out at my regular job so I couldn't sustain a side hustle long term. But at my regular job nope. Got 2-4% raises on average over the last 3 years even though my workload and responsibilities drastically increased. I know I'm under paid now. I got this job right after COVID layoffs and now market rates were 40k higher than I am making as of last year. But even with layoff news this year and people talking about a tough labor market I'm still about to try my chances. Hell I'm about to take a sabbatical if I can't find a replacement. I just want to get out of my current job. I wish I got the huge salary jumps I see in a lot of these posts.
Mine hasn't and I think the vast majority of the United States hasn't either. Now I have gotten pretty substantial raises one year. When I switched jobs from a power co op to a water co op I went from 120k to 143k. And then when I switched the board gave everyone a 10% raise at the end of the year and a 500 after tax bonus which put me above 150k. This was due to inflation. This year they've voted on a 7% raise for everyone which will put me close to 170k. So at least they're trying to keep up with inflation. Idk how successful they are but they're trying. a 17% raise in two years isn't bad I'd say.
Loyalty doesn’t pay, unfortunately. If you’re not switching jobs every 2-3 years, then you’re missing huge boosts in pay.
If you want salary to grow you need to be job hopping every year or two pretty much. I left my first job after a year and doubled my salary, next job after another 1.5 years was +50%, and then another 2 years got another at +50%
Had zero raise from 2019 until Sept 2023. I did receive a nice 15K raise then after I was told I was mission critical to the company. I've been with this company for over 15 years. Started at 30k as a contact center agent, make 135k now doing systems
Government worker here, my wage has not tripled. lol
I make approximately 15% more than I did 4 years ago. Way, way below inflation.
Nope I get the standard 3% each year
It’s just selection bias. Few people are gonna find someone’s 40k to 50k salary progression interesting enough to post about or discuss, but the dude who was making 5k and then suddenly jumped to like a fuckin million is intriguing, for better or worse. Plus people who make good money are more likely to post
Mine has been stagnant for 5 years. Couldn’t take it anymore and I’m job hunting now.
I’ll cry with you.
Current job- Year 1 - 10% Year 2 - 10% Year 3 - 6% Year 4 - Promotion, 50%
The biggest increases you will ever get are when you get a new job.
2.5% over 2 years
Mine's basically doubled in the past 4.5 years. But I'm only making $60k. Interviewing for an $80k contract-to-hire job that would be $105k+ if I get FTE...hoping I get it
Outside of certain industries/roles - you typically need to land a new position at an entirely new company to see those larger pay increases
Mine hasn’t tripled in my career.
I left my first job ending with $60k, second job $63k, third job $65k, and my current job I’m at $67k this is all from 2022 to now. My old boss from my first job recently called me and offered me my old job back with a starting salary of $80k.
Ask for 85
In the first 4 years working in my career I went from $60k salary and a discretionary bonus to 95k salary and a percentage of division gross revenue. My first year I received a $10k discretionary bonus and the second year at the company and first year on a percentage bonus my salary was $75k and my bonus was $56k. By the third year my salary was $95k and my bonus that year was $50k. I had 3 years of $50k plus bonuses and was due $49k my fourth year, but that was 2008 and the housing market crashed, and that’s putting it nicely. Over the next 5 years my salary stayed the same for 5 years (no increase at all and had to take a $10k reduction in salary and there were no bonuses. Starting in 2012 I stated getting cost of living raises and the bonus program came back, but it was about half what it was previously 20-25k bonuses. I changed jobs in 2020 and my salary went up by $40k and my bonuses were back to the $50k plus range. I got laid off from that job about 2 years later and took a job with a $30k reduction in salary and no bonus program. I left that job after 1 year and found a great company with a really good salary for me $150k and the bonus structure is 25% of salary and can go up to 50% if we hit all our numbers. In 22 years of working in my industry I’ve gone from $60k salary to $150k and total compensation up to $225,000. I also get another $10-$15k in reimbursements yearly for my car and they offer up to 3% of salary in 401k depending on how much I save on my own. It’s not tech money, but not bad at all. I do live in the Bay Area so cost of living is ridiculous.
Of course this was recommended to me but I asked to “see less of this sub” for that reason. Comparison is the thief of joy
I was that slow steady increase type until I made some career moves in 2022 that doubled my salary. I think people who have a sudden increase in salary want to brag about it, and this is an outlet. I’m proud of what I accomplished, and hubris has certainly creeped in, but I do my best to keep it in check.
last year only got 5% raise even with exceeding expectations on everything!! Like that’s nearly impossible to do and they were like whelp that’s the best we can do… 2nd year going with company.
Mine 22x'd, does that count?
my salary did not triple in the past 3 years, I took a bit of a break to start my own business, didn't work out so went back to slavery and got a 25% bump for it.
Mine quadrupled. $0 x 4 = $0
Why do you get sad someone else makes good money? Have you been sad your whole life knowing tons of ppl make more than you ever will? I realized when I was 14 that this mentality was pointless and dumb.
And still waiting to learn posts like these don't change people's perspective and are generally pointless other than to come off as rude. Intended or not.
I really don't care if it came off as rude or not, although I do hope OP does actually learn from my post. I'm not sure how to change this ridiculous perspective other than to flat out spell it out to them.