Boss gave me the wrong salary increase during performance review

Created this account to vent. While being vague, here's some background. First year analyst in my field (not being specific) that performed exceedingly well. At the beginning of this year (2024) I gave my manager a detailed report of why I think I should get a raise (nothing crazy, just a one-level promotion but still an analyst) that was backed up fully by my performance and comparable salaries. Today I had my performance review and to my surprise, the salary he wrote and showed me was in-line with the optimistic range I had targeted, it was funny too because the percent number was wrong (if multiplied by my current salary). I told him that as a joke, he looked at me, then quickly took the paper away, recalculated the number in front of me, and gave it make. The salary raise he showed me was LESS THAN 15% of what he originally wrote. I was in shock that this could have even happened. I'm devasted and feel horrible about even going into work now. Has anyone heard of something like this before? Seems like a bad joke or something, thanks you for reading. 

8 Comments
 

Feel you on this man, I had stellar review as a first-year as well and couldn't believe the bonus figure and the base salary increase when my manager told me. Terrible feeling after you've put yourself out there to be used like a work machine only to get lowballed comes bonus season.. I'd just suck it up and do the grunt work, at least the pay isn't terrible

 

This depends on how much cushion you have on the backside. If you can afford leaving your firm, you can afford to be aggressive. If you want to be aggressive, send an email saying "please approve my salary raise to XX or I am resigning on Monday," etc. Good luck.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

When you say the percent was wrong, was it something like a 20% increase from say 100 to 120, but your salary is only say $75k? Maybe you’re being underpaid and that number is what they offer others on your team or for new hires?
Is it possible for you to find out from others what their salary is? I agree that you should start looking but perhaps there is an option to request the original amount which you can back by saying it’s the market rate for what they are offering.

 

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