Feb 19, 2019
STCU Response
7yWe appreciate you taking the time to leave this review. Twice in the last two years, our HR and leadership team have taken a look at salary ranges, comparing them locally and nationally to similar positions, industries, and organizations and made appropriate adjustments. Our annual raises are tied to performance reviews and vary between 2 and 5% based on performance rating for those who are compensated at 103% or less of their compensation ratio. The Cost of Living adjustments that the federal government calculates have ranged between 0.3 and 2.8% in the last 5 years. This means that unless an employee's performance is rated as needing an action plan and 6 month progress report, the annual merit increases keep pace with or exceed cost of living increases.