This came up as I was talking with a co-worker who is taking some undergrad business classes.
Apparently one of his profs told him that you should ask for a raise every three months.
I never heard this. Then I began to think of how many times I've asked for raise... and I think I can count this on one hand.
As far as I know most of friends are the same.
It's almost like the attitude is:
wait until "raise time"
If you get a decent increase, great.
If you don't get anything or get less than cost of living, get your resume together.
It's as if it's harder to ask for raise from your current employer than it is to find another job.
And I kind of understand that... when you're looking for a new job you're talking to strangers and if it doesn't go well chances are you'll never see them again. When you ask your current employer for a raise, you have to see them tomorrow morning even if they you're mad.

His prof said every 3 months?

Clown has probably never worked outside the campus:nope:

If he listens to that bozo he'll need more than a raise.

With the current dollar going the way it is it's incredibly tough for manufaturers up here in Canada. When 60% of our sales are to the US market and our profits are down substantially solely because of the increase in currency, it's tough to say, "Can I have more?"

Every 3 months is irrational. I would typically wait till performance review time, and if no raise is offered then ask for one. If non is forthcoming start looking for someone who will give you one, assuming that the raise is what you really want (as opposed to many other things that should be considered, such as enjoyment of the work, good fit to company culture, enjoying where you live, ...).

Just from my perspective, I have not asked (nor seen anyone ask) for a raise in quite a long time. Most organizations have established review systems, and some type of objective approach to awarding raises.

I might see asking to have a sit-down/ one-on-one, feedback, whatever with the boss every three months, but that would not be to discuss money raises, bonuses, etc.

I certainly don't think you should ask every three months. That would work me down pretty quickly.

This came up as I was talking with a co-worker who is taking some undergrad business classes.
Apparently one of his profs told him that you should ask for a raise every three months.
I never heard this. Then I began to think of how many times I've asked for raise... and I think I can count this on one hand.
As far as I know most of friends are the same.
It's almost like the attitude is:wait until "raise time"
If you get a decent increase, great.
If you don't get anything or get less than cost of living, get your resume together.It's as if it's harder to ask for raise from your current employer than it is to find another job.
And I kind of understand that... when you're looking for a new job you're talking to strangers and if it doesn't go well chances are you'll never see them again. When you ask your current employer for a raise, you have to see them tomorrow morning even if they you're mad.Let's put everything in perspective:
I believe that many business professors, regardless of school, may have said something similar out of context. (key phrase is "out of context")

My guess is the intermediary reporting this statement either missed the allied information or didn't think enough of it to report it.

Here's the scoop from my experience as a business executive in a number of businesses and a major investor in a very large recruiting firm/employment agency in Chicago.
Any and every employee should be clued in to Deming's System of Profound Knowledge so he/he is aware of the "big picture" and the status of the company vis a vis its customers, suppliers, competitors, regulators, unions, neighbors, etc.
With that up-to-date info, the employee should also be continually aware of his own status and contributions to the success of the organization.
Armed with all that information, the employee should be aware and HELP MAKE HIS SUPERIORS AWARE of his present value to the organization. When appropriate, he should ask for compensation to equal that value. (Note: many organizations have a "rule of thumb" that an employee should generate FOUR TIMES his total compensation in gross profit for the organization (the difference goes for operating and marketing overhead and reserves for capital improvements.)
What is probably missing from the intermediary's reporting is how the professor suggested the employee create his value and make it known to the bosses AS PART OF the process of asking for a raise. The three month timetable is merely an arbitrary number and has no validity other than the fact many organizations have QUARTERLY [every three months] accounting and budgeting and the request should coincide with the quarterly budgeting.
I'd be interested if someone started a new thread asking HOW the employee can do those things to justify asking for and receiving a raise.