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Podcast: Financial Residency
Episode: Coffee & Contracts - How Often should you have a raise?
Description: This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visitย www.EckardEnterprises.com Jon from Contract Diagnostics is addressing the question of how often one should expect an increase in pay. He explains that pay increases can vary depending on the employer and the terms outlined in the employment agreement. Some employers offer annual pay increases, while others may base it on factors such as MGMA data or blended survey data.ย Jon emphasizes that if an employer does not proactively offer pay increases, it may be necessary for the employee to ra...