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We tend to get raises 2x's a year. In January (yearly appraisals) which can be up to 3%, depending on the appraisal, then again in June for 'Fair Market Adjustment' - their version of a cost of living increase. Occassionally we get a bonus in May too that is based on the number of hours we worked the previous year.
I've been a nurse for about 30 years -- and have worked in several hospitals in different parts of the country. Most years, I have received raises of 2-3%. There have been only 1 or 2 years when it was less. And there have been approximately 5 times when it has been in the 4-8% range when my employer was making some sort of "correction" to bring our pay in line with market conditions.
At my facility for RNs, there is a PEAC raise which is annual and tied to performance, attendance, et cetera. Then on top of that there is a raise every time you "ascend" - meaning "take on more responsibility" as an RN. It equals out to 8% each time you ascend up to CN IV...clinical nurse 4. Those RNs are one's with many years experience and are often educators as well.
Otessa, BSN, RN
1,601 Posts
When do you get a raise normally? I was always used to the yearly performance appraisal with the possibility of 1 to 6% raise depending on the appraisal.
I have been at my job 6 months and have received a 2% raise after 3 months and another 2% raise after 6 months---completely unexpected!
I have received a 4% raise in 6 months-I worked at my last job more than 10 years and have NEVER experienced this before...
Anyone have some insight on the raise situations out there?
what is normal?:bowingpur