> “ The anonymous document, reviewed by Bloomberg News, contains dozens of purported Blizzard salaries and pay bumps. Most of the raises are below 10%, significantly less than Blizzard employees said they expected following the study.”
When oh when are midrange tech companies going to get their shit together with raises and bonuses.
10% should be mostly seen as a (shock) _normal_ raise when the company is doing well, above and beyond annual equity and a bonus at least in the range of 10-15%.
Stop giving people reasons to job hop every few years. If you want loyalty and you want your investment in employees to pay off over time, give them good stuff! Give it to them before they reach any point of questioning if they want to go to the next company down the street for that extra 15% raise you were too stingy to give them on merit.
As a manager, I can safely say the worst compensation mistakes I made were cases of not giving enough compensation sooner rather than later, and giving good people a reason to leave over money.
I learned my lesson fast, and can say later in my career I take compensation planning much more seriously and absolutely do not ever settle for company pay band crap and scheduled 3% / 5% raise crap. If someone is doing good work for you, pay them!