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What is a realistic raise to expect after working for a company for a year?

I'm a contractor who works on site at our companies global R&D facility, I was hired about a year ago and the salary was less than expected but I took the job in hopes of job growth which they ensured. They gave me a speech about how if I give them a year they'll give me a nice raise and more opportunities. Obviously I was cautiously optimistic but the year is up shortly and I've been notified that they want to renew the contract and are in the works of a compensation increase. My salary has been 65k which iis simply not enough for me and my family in the area we live, especially with gas prices going up and I have a 50 mile commute each way. What is typical of a first year raise? Or is that too broad of a question. The other contractor who I work…


I'm a contractor who works on site at our companies global R&D facility, I was hired about a year ago and the salary was less than expected but I took the job in hopes of job growth which they ensured. They gave me a speech about how if I give them a year they'll give me a nice raise and more opportunities. Obviously I was cautiously optimistic but the year is up shortly and I've been notified that they want to renew the contract and are in the works of a compensation increase. My salary has been 65k which iis simply not enough for me and my family in the area we live, especially with gas prices going up and I have a 50 mile commute each way. What is typical of a first year raise? Or is that too broad of a question. The other contractor who I work with is making 80k and we pretty much have an identical job, also I have many points I could make in my favor but I just want to go into this with realistic expectations.

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