You have just received an annual pay raise of 4%. Do you consider this to be generous on behalf of your employer, or insulting?
4% is better than the 0% I'm used to.
Considering the career I might go into pays around 65k. It would 2k-3k increase. I would take it! One has to be realistic with today's job market.
It was more than I got in the last 8 years or so that I worked, & more than most people got, because of a salary freeze.
(What I got was 0%.)