1% pay increase would you stay or leave?

Published

My place of employement announced that their will only be a 1% pay increase this year, & for atleast the next 4 after that. This is for all staff not just techs. 1%= less than 10 cents an hour. Also, found out Tech pay cap is around $12/hr. The payrate of 1% increase is not due to the economy. They say its to pay for the upgrades that they are doing.

I `m not certified so I can just go looking for another tech type job. Its not a bad job enivorment, however, thiis doese make it hard pay bills. Would you stay or go? I`m think about going back to the retail business were I can make more.

Up Vote Up Vote ×
Specializes in LTC.

Why can't you get certified and apply everywhere?

I wouldn't work retail again if you paid me double.

Up Vote Up Vote ×

Considering the job market and some have said they get none this year.. if I liked the job I would probably stay...but if dont plan on staying long anyway, may be worth it to look around.

Up Vote Up Vote ×

Yeah, honestly not all places even have yearly raises. If the job works for you, I would stick with it for a while. It's not that easy to come across a good job right now. You could apply at new places if you so desire, but I wouldn't leave your job unless you find something that pays better or that would work better for you.

Up Vote Up Vote ×

I agree with everyone. If you are unhappy overall it is best to look for another place to work while you have a job all ready. I think I would take whatever I could for the time being with how hard everyone is having it right now.

Up Vote Up Vote ×

I think they are messing with you - how do they know the next 4 yrs the economy is going to be bad? A 1% pay raise I would let my dissatifaction be known - still keep my job - get another before quiting. Once you do get another job then let them know - give 2 wks notice. If you go retail no matter what you do - keep your license current. You can do that by offerring your current boss PRN (as needed) or one week-end a month, **In this field you don't burn bridges because everyone crosses eachother some time or another in the future** OR- option 2 just sign up with a agency so you can have extra money when needed and/or with agency just pull a few shifts about a month or two before your license gets ready to expire so you can renew it. That way you always have something to fall back on.

Up Vote Up Vote ×

Stay. Your job is more secure than retail. Most aren't getting an increase at all. Stay.

Up Vote Up Vote ×
My place of employement announced that their will only be a 1% pay increase this year, & for atleast the next 4 after that. This is for all staff not just techs. 1%= less than 10 cents an hour. Also, found out Tech pay cap is around $12/hr. The payrate of 1% increase is not due to the economy. They say its to pay for the upgrades that they are doing.

I `m not certified so I can just go looking for another tech type job. Its not a bad job enivorment, however, thiis doese make it hard pay bills. Would you stay or go? I`m think about going back to the retail business were I can make more.

$12 in retail? As a store manager maybe... But if it were me? I wouldn't go back to retail. It's not at all stable in this economy. You may trade off for that extra cash for now, but if the company tanks in this crappy economy- you may end up out of a job with no income...

Up Vote Up Vote ×
Specializes in Telemetry & Obs.

1% is better no 0% which is what my hospital is paying this year.

I wouldn't quit before I had a sure thing lined up!

Up Vote Up Vote ×
+ Join the Discussion