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Q: Is it better to get 3% annually, or 1.5% semiannually





Q: Is it better to get 3% annually, or 1.5% semiannually  

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Author: olderendirt   Date: 3/28/2023 1:29:39 PM  +0/-0   Show Orig. Msg (this window) Or  In New Window

1.5% semi-annually will be 134.69% of your present salary after 10 years.


3% annually is 134.39% of your present salary after 10 years. Not a huge difference, 0.3%. 


A present annual salary of $120,000 would be $161,270 after 10 years at 3% annually, but $161,623 at 1.5% semi-annually....

 
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Q: Is it better to get 3% annually, or 1.5% semiannually (NT) +0/-2 in pay raises? 3/28/2023 11:55:29 AM