<prompt> Human: I am trying to get the feel of how salaries are being increased over the years to better position my personal finance.Do you guys experiencing larger increases when starting out or when you have more experiences, provided you staying with the same company ? I understand that that there are merit increases and inflation increases included, just want to be clear in term of expectation. If it helps, I am recent grad starting out as an actuarial analyst job, starting at 60k. Edit: I am sensing that salary increase is tied with promotion. I am working at a consulting firm, where there are only four positions available: analyst, senior analyst, consultant, and senior consultant. There is 5 paid levels for each position. So, is going from analyst paid level 1 to analyst paid level 2 considered a promotion ? I know the range for analyst paid is from 55000 - 80000. It might take me 4 - 5 years to become a senior analyst. For those of you who are changing jobs. How long did you stay at your first job ?  <response>: I think youll find most people earn 2-3 a year in COLA raises. Where most people get big jumps is through promotions or employer changes. 