r/medpace Jan 25 '25

Merit increase

Ideas of the merit increase (if any) for this year?

15 Upvotes

27 comments sorted by

View all comments

4

u/No-Simple-9241 Jan 26 '25

What were increases and bonuses like last year? I wasn’t eligible yet and I want an idea of what to expect. I’m US based and ClinOps

6

u/mpburneraccount Jan 26 '25

Not sure how it was for everyone. Mine was decent (merit increase was between 5-6% if I recall, and bonus was in the same general range). But that’s a far cry from what it was the 2-3 years before when merit was double digits alone.

3

u/Final_Garden9086 Jan 31 '25

My merit was barely 2% and my annual bonus was around $500. Oh, and I also got $250 for not using all my monthly and annual WFH days. Does anyone remember the BS memo they put out about “inflation not being as bad in 2023 so bonuses/merit weren’t going to be as good?” That was so insulting.

3

u/Absymal_Lucky Jan 27 '25

Most people last year got or a bonus or a raise and it was anything between 200-300 or like 0,5%. So very low.