High performers were in the 7-10% range.

I started at my new employer in June of 2019. After the end of the year review, my manager told me he could only give me ~2% raise since I had only been with the company for 6 months and that wasn’t enough time gauge whether I warranted a larger raise.

I felt slighted since I felt I had contributed well above what was being asked of me.

During my 2020 mid-year review, my boss gave me another 5% raise to compensate me for what I should have received previously.

Like others have said, if you don’t receive at least a small bump in pay each year, either there is something wrong with you or your employer.

On the bright side, had I stayed at my previous employer, I would had been forced to take a 20% pay cut for the 2020 fiscal year. The company announced at the beginning of 2020 that either they could lay off more employees or everyone take a pay cut. This was at a Fortune 500 company (130 range)