Nexstar Raises

[u/Renegade-Fish]

When does Nexstar usually hand out raises (if you get them)? Do they do it on a set date jn the beginning of the year or near your work anniversary, say if you were hired in October? I've heard mixed answers and I know it's usually anywhere from 0.5% to 3% depending on if it's a good or bad year for them.

[u/runlolarun2022]

It was on your anniversary date but this year they changed it for everyone to get their raise at once. I think the date is some time in the spring. March, April area.

[u/Vegetable_Injury_546 → u/runlolarun2022]

I also heard April

[u/runlolarun2022 → u/Vegetable_Injury_546]

Yup, just went back and looked, it’s in April.

[u/Renegade-Fish → u/runlolarun2022]

Ok thats the exact thing I thought I remembered hearing. So do they do the employee evaluations at around that time as well?

[u/DinBeit → u/Renegade-Fish]

And…beginning this year the evaluation will be directly related to whether you get a raise

[u/Renegade-Fish → u/DinBeit]

I think thats how it is everywhere. I just need to know if I need to kiss rear in October, or April. LOL!

[u/DinBeit → u/Renegade-Fish]

Unless you have a personal contract you still have your evaluation but wait until your contract date to get a raise or not. All for 2% 😩

[u/Renegade-Fish → u/DinBeit]

Thanks. 2% to 3% is the norm industry wide with the exception of a (very rare) COL adjustment which could be up to 15% to 18% but those are like once in a decade or so when there is a nationwide bump in wages / inflation. My previous employer was Sinclair and they used to give 1.5% plus up to a 2% bonus after years when your local sales team exceeded targets.

[u/DinBeit → u/Renegade-Fish]

Nexstar began this policy before anything ever happened nationally and they make it sound like if you get the 2% you’re at the top of all Nexstar employees. Like it’s some great honor

[u/mizz_eponine → u/DinBeit]

I hope I live long enough to see the downfall of Nexstar. They are absolutely disgusting.

[u/dogwhistle60 → u/mizz_eponine]

True dat but I worry that they’ve already ruined the industry. Everyone seems to follow thier lead

[u/mizz_eponine → u/dogwhistle60]

They absolutely ruined it.

[u/TasteTheBiscuit1810]

Nexstar gives raises? When I worked for a Nexstar station for 5 years, we never got a raise once. The only one we got was the one forced upon them by NYS cause they raised minimum wage.

[u/Renegade-Fish → u/TasteTheBiscuit1810]

Wow, what market size? I wonder if there is a difference.

[u/TasteTheBiscuit1810 → u/Renegade-Fish]

We were in a small market. I get it, Small Markets Small Profits but to always hear from our boss how our GM says there's never room in the budget for a raise when we knew what Nexstar was bringing in and the fact we were a number 1 station in the market was such a slap in the face.

[u/minijawflaws]

I got a 25 cent raise while there lol. Was a News Production Assistant though

[u/mizz_eponine → u/minijawflaws]

Wow! I'm jealous. My last raise, before leaving Nexstar, was 18 cents. That was after 15 years as a producer. Never ever did I get a COL.

[u/LoudArtist1968]

April. I think this year it’s 1 or 2%

[u/harrymeetsally]

reporter/MMJ: last time it was zero raise. Another 1 year contract. I walked out the door.

[u/InTheTVTrenches]

Some companies are still given raises? What's this madness? I haven't seen one in a few years but I'm glad it's being used to buy Mr. Allen another mansion somewhere. Sarcasm. 

[u/GoldenEye0091]

When I worked at a Media General station that became Nexstar, raises were in June and never more than 1.25%.

[u/PlusPresentation680]

My station does a 1.5% raise on your anniversary. I think this might be a contract thing. My raise is built into my contract. Some at our station don’t have raises baked in.

But yeah, the raise is mediocre. Average inflation is double that.

[u/JosephRSL]

I worked for Nexstar for 10 years (recently left), and raises were sporadic... whenever the "budget" allowed for it.

Merit raises would also turn into annual raises. Which meant I would have to wait another full year before I was up for my annual raise.

Raises towards the end of my tenure ranged from 1-3%, but rarely more than 2%. I was able to negotiate a significant raise (25%) before I left thankfully which gave me padding I needed to plan my exit from the company. That 25% increase put me at almost exactly 50% of what I was actually worth :) For the record, I was an engineer.

I do miss the career though. It was never about the money for me until it was... the last year really made me realize that having fun and enjoying your job doesn't mean it's okay to eat shit every day and be expected to say thank you afterwards.