How much and how often do raises happen at First Data Corporation?

1-2% the past few years, with a cap so that no-one over $150k base salary gets a raise at all in the last 4 years or so. They happen once a year in February - but usually backdated (and caught up) to Jan 1st. Each year your bonus target is also set based on the last years payout. Since bonuses haven't been paying out at 100% and have been paying out at 90-95%, folks are actually making less each year even for meeting the expectations of the company. So, say you made $150,000 in 2015 and had a bonus target of $30,000 and payout of 90% for meeting expectations so you would have gotten $27k payout and $150k base or $177k total. In 2016 your target bonus would have been $27k (matches last year payout) and with a 90% payout you'd have gotten $24.3k or $174.3k total. 2017 new target is $24.3k with 95% payout you got $23k or $173k total. Add inflation and constant health insurance increases and you make a LOT less each year... so even if you make <$150k, no real raises.

Never for the higher levels. Yearly for the lower levels.