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marine1391
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| Posted: 25 Mar 2009 at 17:44 | IP Logged
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So I'm just trying to get an idea of what the other big 4 firms are doing this year about raises. Our performance evals go over the summer, at which time we normally receive raises. However we've received firmwide confirmation that there will be zero raises this year, unless it's a promotion year. Additionally, they decided that they would change the evaluation system to eliminate the "Exceeds Expectations" group leaving 3 possible ratings. Below Expectation, Meets Expectation, or Exceptional. I believe they have done this to rationalize not giving raises to those who in the past would have been classified as Exceed Expectations, by essentially downgrading them. If your wondering which firm this it starts with a P and ends with a C. Anyone from other firms comment?
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FAR 07-30-2008 79
REG 08-27-2008 90
AUD 10-04-2008 75
BEC 11-22-2008 83
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bsmup
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| Posted: 25 Mar 2009 at 21:56 | IP Logged
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The other firms are raising their RIF #'s.
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marine1391
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| Posted: 26 Mar 2009 at 07:33 | IP Logged
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Yes and are they also instituting a pay freeze? I know plenty of smaller firms who are still giving some form of raises despite the economic conditions.
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FAR 07-30-2008 79
REG 08-27-2008 90
AUD 10-04-2008 75
BEC 11-22-2008 83
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Topic: Big 4 2009 raises
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