You probably know the target inflation rate in the U.S. is slightly less than two percent, so a ten percent raise in a year is an 8% real raise. In your country it is a -2.5% real change in salary. So yes, of course a 10% raise is a bigger deal here than it is where you live.
Now, is it life changing? Not for me. Maybe if you were only making $20,000 a year, or if you were spending right up to the edge of what you make, an extra 10% of breathing room would make a huge difference in your life. And sure, some people if they change job function or get promoted in a U.S. company can get anywhere from 20-40%, all the way up to multiples of 100% raises. But even though it is not out of this world, a raise like this is nice. It's also nice to get something for "nothing" above and beyond what you're already doing, which is the effect a blanket raise must necessarily have.
Comments
You probably know the target inflation rate in the U.S. is slightly less than two percent, so a ten percent raise in a year is an 8% real raise. In your country it is a -2.5% real change in salary. So yes, of course a 10% raise is a bigger deal here than it is where you live.
Now, is it life changing? Not for me. Maybe if you were only making $20,000 a year, or if you were spending right up to the edge of what you make, an extra 10% of breathing room would make a huge difference in your life. And sure, some people if they change job function or get promoted in a U.S. company can get anywhere from 20-40%, all the way up to multiples of 100% raises. But even though it is not out of this world, a raise like this is nice. It's also nice to get something for "nothing" above and beyond what you're already doing, which is the effect a blanket raise must necessarily have.