Had my annual performance review today. Got 100% of my target bonus based on my consistently strong performance.
Annual pay raise 0%
Long term incentive (vesting stock) $0
Pointed out to my boss that a zero % pay raise when inflation is pushing 10% is in reality a pretty significant pay cut.
On the bright side he did reiterate how much he appreciates me and how valuable I am to the team.
How does this all connect to my two new jobs?
Job 1 get laid off and packaged out. I don’t plan on leaving for free.
Job 2 Tune up my resume and start looking for a new gig in my very hot sector.
Bit bummed as I like where I work and was planning on staying until I retire in the next 5 years give or take.
On the bright side I can continue to get paid while I throw 70% of my current job hours at my two new jobs. I’ll need 25% to watch tv, play video games and walk my dog and 5% to still get my current work done at a level that I think deserves a zero raise.