Depends on your score card
Answered - Underwriter (Former Employee) - Cottonwood Heights, UT
Unless you are upper management to executive level, raises are virtually non-existent regardless of your effort and/or contribution. Even industry standard cost of living or tiny goodwill annual raises are unheard of at Sofi. The expectation is that you will increase production, improve the bottom line, yet work at the same rate year after year. If you change positions to one of greater responsibility that requires more experience and qualifications, they will still keep you at the same rate. It's really a losing situation. Be prepared to have your starting salary for your entire career at Sofi.
Right now, raises seem unlikely. They're currently cutting perks and implementing policies that leave little wiggle room for "fun"... they've become money driven and are focused on filling their pockets rather than allowing their employees to receive raises