Last week I got a raise at work. They called it an “equity raise” because they wanted to stop the flow of people quitting. By giving us a raise to make our salary closer to the “market”, they hoped to retain more people. This raise is supposed to be completely separate from the end-of-year raise they will be giving out in July. I got an 11% raise. I’m happy to see that my salary has increased over the past two years from about (removed) to now almost (removed). I hope I get a good raise again in July. I think I will because my manager (Eric Neumann) told me I was one of the best developers they have during my mid-year review last month. In addition to that, I hope I get a good bonus. I could certainly use the money. I’m planning on putting $2,000 of my bonus (if it is a good enough bonus) into a newly created Roth IRA. I can only contribute $5,000 per year, but I plan on doing that as well as contributing 10% of my salary into my 401(k).
(edited, 08-13-2002)
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