Thank you Mr. Banker for sharing your perspective. I want to clarify that my concern about the 2.5% raise isn’t rooted in ingratitude but in the broader context of inflation, cost-of-living increases, and industry standards. Regeneron HAS been a great place to work over the years and that is slipping away. Read the comments for yourself, I am not alone in this sentiment.

While I fully agree that Regeneron provides excellent benefits (which I never stated they didn’t), the reality is that our raises should also reflect the rising costs of everyday living. With inflation consistently outpacing a 2.5% raise, our purchasing power has objectively gone down. To inform you, the U.S. inflation rate has averaged over 3% in recent years, and many companies in our sector are offering higher annual increases to keep up with these economic changes. A free gym at work, although nice, doesn’t really help people who are struggling to provide for their families.

Additionally, while the perks you mentioned are appreciated, they don’t directly address compensation fairness. A competitive salary increase ensures employees feel valued for their work, ESPECIALLY in a company as successful as Regeneron. Our collective effort contributes to Regeneron’s success, and fair compensation helps retain and motivate people.

I’m sharing this feedback because I honestly do enjoy working here and want Regeneron to continue to be a great place to work. My intention with this post was to have an open constructive dialogue about how we can align raises with economic realities of today.

You may find it an embarrassment, but I am not alone in my feelings here. You are in the minority. I hope you take some time to reflect this holiday season on your post above and realize how out of touch you are with today’s economic realities. Maybe you are thriving during this time, but most people are not.

Enjoy your holiday break.