When should you give a pay raise #ytshort

When should you give a pay raise? It depends. So with my team, we give raises in January. So if someone started in November, they're probably not getting a raise in January. But if someone started in June, we're probably going to give them a raise in January. It may not be as big of a raise if they had worked for us for a full year, but it might be. All of this is completely up to you. You can give the raise whenever you feel like. When I first started, I would hire someone on a temporary rate, and then after three or four months, I would raise them to a more reasonable rate. And now that rate isn't always what they were asking to make, but often it was at other times. I've given raises at random times in the year because someone was so dang good, I wanted to reward them and I just gave them a raise in the middle of the year. Now, some people, depending on their business situation, give raises when they start making more money. You hired an ofs. You're not making very much money. You work with them for a year or two years or whatever. When you start making more money, you give them a raise. That's perfectly fine. Look, there is no standard for how these raises should be done. You do what you can.