\n<\/p>\n
Lovable, a fast-growing AI startup, is incorporating raises into its company policy.\u00a0<\/p>\n
In a recent post on LinkedIn<\/a>, Lovable\u2019s head of growth, Elena Verna, promised every worker a 10% salary increase on their annual work anniversaries. No need for negotiation and no extra review process \u2014 just a built-in raise each year.\u00a0<\/p>\n \u201cBecause we don\u2019t take retention for granted,\u201d Verna explained in the post. \u201cIt\u2019s treated as compounding value that is actively recognized and rewarded. You don\u2019t have to re-prove your worth every cycle.\u201d<\/p>\n In most companies, raises depend on performance reviews, manager feedback or company budgets, per TechCrunch<\/a>. The process can feel unclear. Employees often don\u2019t know what they need to do to earn more and some feel they have to switch jobs to get a meaningful pay increase.<\/p>\n Lovable wants to remove that tension. The company believes steady, predictable raises help people focus on their work instead of worrying about compensation, according to Verna. It also reduces the pressure to constantly prove value in formal reviews.<\/p>\n Lovable is a vibe coding startup, focused on allowing users to generate code using plain English prompts. The company launched its vibe coding product in late 2024 and has since experienced explosive growth. In December, Lovable raised $330 million<\/a> in Series B funding at a $6.6 billion valuation. In March, Lovable claimed that it had crossed $400 million<\/a> in annual recurring revenue.\u00a0<\/p>\n According to the U.S. Bureau of Labor Statistics<\/a>, the average annual raise percentage for U.S. employees is 3.6%, placing Lovable\u2019s raises well above the norm.\u00a0<\/p>\n The company\u2019s 10% raise policy sends a signal to employees that staying is valued. CEO Anton Osika posted on X<\/a> that \u201cpeople get more valuable the longer they stay, and they shouldn\u2019t have to worry about getting a raise or not.\u201d<\/p>\nSome context<\/h2>\n
Benefits and drawbacks of the raise policy<\/h2>\n