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Normal vs good annual raise

Discussion in 'Johnson & Johnson' started by anonymous, Aug 11, 2020 at 6:09 PM.

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  1. anonymous

    anonymous Guest

    I joined JnJ early this year at grade 31 and was wondering what a normal vs good annual pay raise is. I'm not in sales if that matters. Thanks!
     

  2. anonymous

    anonymous Guest

    2-2.5% is normal. 3-3.5% is good. That raise will get impacted by the company multiplier. Also beware that your target bonus is just that - even if you hit all of your goals, have a good perf eval, you may still get less than the target - which I think is 20% at a grade 31.
     
  3. anonymous

    anonymous Guest

    Do you ever get more than your target bonus or LTI?
     
  4. anonymous

    anonymous Guest

    Only if you are spectacularly AND your boss loves you.
     
  5. anonymous

    anonymous Guest

    Your raise will have very little to do with your performance. Well. Performance at JNJ - all OpCos is a very very subjective measure and is dependent on how well your boss likes you...how well their network of leaders and friends like you...Now..if you are a latina and you work for a latina who has a network of latinas...you are golden. Expect raises and bonuses double the double but did you know that if you have a child during a year, your performance score will be lowered?...since you did not perform the whole year...imagine that one.
     
  6. anonymous

    anonymous Guest

    At JNJ performance reviews are not used to move you forward. They are used as a method of holding you back.
     
  7. anonymous

    anonymous Guest