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Honestly, I think this is super individualistic to each firm. Most larger/corporate firms generally have some organized/managed performance review process (where a raise or salary discussion is rationale) and/or a cost of living increase process. These usually are at least annual, but "promotions" or special raises/bonus could come whenever (or also follow the annual schedule). At smaller, private type firms.... who knows. 

 

Inflationary raise (ie 2-10%) - Should be every year, if not, ASK.

Merit-based raise (10%+ ) - Every 2 years. Comes with more responsibilities and title, if you feel you did a good job.

Array
 

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