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by heleninboodler
1130 days ago
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I'm talking about the basic math, absent all other factors. Given a choice between an N% raise two years in a row or a 2N% raise on the first year, the latter is more money. You choose, base salary is 100k and target raise is 10% two years in a row or 20% in the first year only. Do you want $120k + $120k or do you want $110k + $121k? This involves the assumption that the "no raise" year is a one-off event to offset the double raises the previous year. It's a good deal. |
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Its more like
UPTO N% raise two years in a row or UPTO 2N% raise. In reality turned out to be N% raise + 0% raise.
like those ads in strip mall shops " upto 80% off"
* on select products
* conditions apply