I finished up the first year of my first job out of graduate school. In the initial job offer, I was offered more than the upper end of my expectations. I didn't have specific work from school that applied to the job to point to feel like I could ask for more so I accepted without negotiation.
Now I had my first annual review. As a result of that, I was offered a 3.4% raise, over email. The email included an invitation to discuss the review and the raise if I wanted to. I considered negotiating since I did not negotiate my initial job offer and felt like I did good work this year, but decided against it. Instead I asked if there were any specific things I should work on. For an answer I was given a list of things I was doing very well at with a couple of skills to continue improving at and a $1000 bonus. I was not expecting a bonus, so this was a very pleasant surprise. There was no mention of a bonus with the initial notification of a raise.
With all of this taken together, should I have more seriously pursued the thought of negotiating for a larger raise? That's what I'm thinking now. The opportunity is past but I plan on making good effort in my job and definitely negotiating next year.
More context: my company is a government contractor for a government department that isn't likely to see cuts with the pandemic, so the pandemic is unlikely to negatively affect my company's financials. Also with my job offer I was told that bonuses weren't a guarantee at my company since we're a contractor and so I shouldn't plan on them as far as income planning/budget was concerned.