such as once youve reached that limit, there is no hope for a raise?
Yes, mine does. I started out a the same salary, and will always make the same thing. We also do not receive bonuses or merit increases, but I knew all this when I took the job, and the salary is very fair, so I'm ok with it.
No. We get raises as the company can, and a cost of living raise at the very least.
Yes. Before the new company took over I was capped out and had been for 4 years. Now I'm making even less and heard that this company might not give raises at all.
None that I know of. They usually do a 3% "inflation adjustment" at our company. If I want a raise as they define it, I have to get a promotion.
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