Given the recurring discussions about our negative sustainability, it probably won’t come as a surprise, but I thought it worth bringing up explicitly – we unfortunately won’t be able to give any raise this year. :(
On the other hand, I’m glad that we took the opportunity to give good raises in years before - that still allows us to have a good average over the years.
So for those of us who have joined in 2015, even counting the two “dry spells” of this year (2022) and 2016, the average yearly raise has been ~7%, which is almost the double of what companies typically give on average (4%). And being systematic for all team members, it gives a nice ~70% increase in total over these years, taking into account the compounding effect.
Anyway, even with this in mind, I understand this is a bad news, especially given the current inflation. Sorry about that. :( Hopefully we’ll be able to catch-up on sustainability this year, with the upcoming large projects in the pipe, and will be able to resume raises based on the current 2023 year.
Don’t hesitate if you have any comment or question about this.