Anonymous wrote:
Anonymous wrote:I've been through this as well, bad sign when companies start salary freezes, hiring freezes. Next comes furloughs and lay offs - or at least this should be a BIG warning sign that this is possible. If they can't even manage a 1-2% salary increase they are in trouble financially. Update your resume and start looking now! Because this also means you probably won't get a severance package when laid off as well. You don't have to TAKE another job unless you like it, but start shopping around now and interview if only for practice.
Exactly, a 5 percent salary raise for a strong contributor you want to retain is not going to break the bank for a company that is in good or even just okay shape. Assuming OP's performance is as good as she says it is, the company is in really bad shape and layoffs are coming.