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Message
Need some advice on how to approach management about recent pay raise
Posted on 6/16/16 at 3:06 pm
Posted on 6/16/16 at 3:06 pm
I was recently promoted to Senior level which came with a $10K pay raise. I've been with the company for over 10 years now and I've always had very good performance appraisals. Well, although I'm very thankful to have received it, something has been bothering me every since I got the promotion.
The following numbers are made up for ease of explaining the situation and I don't want to really say the real numbers here on the OT.
Let's say the promotion bumped my salary up to $50k. When I go to look at other similar Sr. level job openings to see what the salary range is for those positions I see a ranges from $50-75k. I kind of feel slighted when I see what they are giving newly hired folks. Seems to me that given my historical performance, skills and experience with the company, and what I've done to increase my value for the organization I should be on par at a minimum to what they are bringing newly hired folks in for.
I've been thinking about scheduling a meeting with my manager to discuss the issue and share with him how I feel about it. What do you think is the best way to proceed?
The following numbers are made up for ease of explaining the situation and I don't want to really say the real numbers here on the OT.
Let's say the promotion bumped my salary up to $50k. When I go to look at other similar Sr. level job openings to see what the salary range is for those positions I see a ranges from $50-75k. I kind of feel slighted when I see what they are giving newly hired folks. Seems to me that given my historical performance, skills and experience with the company, and what I've done to increase my value for the organization I should be on par at a minimum to what they are bringing newly hired folks in for.
I've been thinking about scheduling a meeting with my manager to discuss the issue and share with him how I feel about it. What do you think is the best way to proceed?
This post was edited on 6/16/16 at 3:09 pm
Posted on 6/16/16 at 3:08 pm to Hammond Tiger Fan
quote:
What do you think is the best way to proceed?
Scheduling a meeting with your manager to discuss the issue and share with him how you feel about it. Back it up with research and numbers.
Posted on 6/16/16 at 3:08 pm to Hammond Tiger Fan
You typically need to leave the company and shop yourself to get the big pay increases. Truly don't think talking to management will do you any good.
Posted on 6/16/16 at 3:09 pm to Hammond Tiger Fan
I think you have a vagina.
Posted on 6/16/16 at 3:09 pm to Hammond Tiger Fan
Stop being a beta and be an alpha. Alphas always get the raise
Posted on 6/16/16 at 3:10 pm to Hammond Tiger Fan
You already said it. Tell your boss this verbatim.
quote:
Seems to me that given my historical performance, skills and experience with the company, and what I've done to increase my value for the organization I should be on par at a minimum to what they are bringing in newly hired folks in for.
Posted on 6/16/16 at 3:10 pm to Hammond Tiger Fan
quote:
I kind of feel slighted when I see what they are giving newly hired folks. Seems to me that given my historical performance, skills and experience with the company, and what I've done to increase my value for the organization I should be on par at a minimum to what they are bringing in newly hired folks in for.
That's a reasonable argument to present. I wouldn't take it negatively if an employee I recently promoted came to me with this. You may not get it, but it's a reasonable request.
That said, alot of time employers hire internally so they don't have to pay a premium for outside talent. Your salary was likely a consideration in you getting the promotion in the first place. They have to look at the whole picture. And if you change the dynamic to where your salary is equal to what they could potentially bring in as outside "talent", it may not turn out how you like...or they likely just say no.
This post was edited on 6/16/16 at 3:12 pm
Posted on 6/16/16 at 3:12 pm to Hammond Tiger Fan
Definitely pound your fist on a desk for emphasis
Posted on 6/16/16 at 3:12 pm to Hammond Tiger Fan
You were just bumped to sr level and are complaining that your salary is on the low end of that level?
Posted on 6/16/16 at 3:12 pm to Hammond Tiger Fan
quote:
something has been bothering me every since I got the promotion.
It sounds like you lack attention to detail. You may want to work harder if you expect a bigger pay increase.
All kidding aside, would you consider looking for a new job? My suggestion would be to start looking, and see if you can score an offer. If you like your current place of employment, you can use that offer as leverage.
Posted on 6/16/16 at 3:12 pm to Hammond Tiger Fan
If you think there's even a slight chance that the meeting could end poorly (i.e.- with them looking at you differently and thinking you're ungrateful for the recent bump in salary), I wouldn't set a meeting before having a backup plan.
Posted on 6/16/16 at 3:14 pm to Hammond Tiger Fan
how much do they need you vs you needing them. You must weigh that first.
Posted on 6/16/16 at 3:19 pm to Hammond Tiger Fan
quote:
What do you think is the best way to proceed?
do you get an annual review?
that's the time to look at your career, salary and hopes and dreams, needs for mentor.
don't piddle about what new people get. Aim very high.
and brush up your resume. After 10 years, you may have forgot some of your best accomplishments. work on it an hour or two every week.
look at your holes and ask for training and mentorship to firm those up.
do a one year plan.
then start looking.
Posted on 6/16/16 at 3:20 pm to NYCAuburn
Thus is why you have to change companies every few years to maximize your pay in 95% of cases. Companies do a terrible Jon valuing current employees and always over value outside talent.
Posted on 6/16/16 at 3:25 pm to Hammond Tiger Fan
I would setup a meeting with your superior and discuss with him/her. Go to the meeting prepared.
From what I've seen for myself and other friends/colleagues, you almost have to threaten to leave to get a raise you think is fair.
From what I've seen for myself and other friends/colleagues, you almost have to threaten to leave to get a raise you think is fair.
Posted on 6/16/16 at 3:26 pm to Hammond Tiger Fan
quote:
When I go to look at other similar Sr. level job openings to see what the salary range is for those positions I see a ranges from $50-75k. I kind of feel slighted when I see what they are giving newly hired folks. Seems to me that given my historical performance, skills and experience with the company, and what I've done to increase my value for the organization I should be on par at a minimum to what they are bringing newly hired folks in for.
Easy solution- Quit then reapply for your job at the new hire rate.
Posted on 6/16/16 at 3:29 pm to Hammond Tiger Fan
You actually see what they're paying the new people?
I've had to deal with this situation as an employee and a manager.
It's hard as a middle manager to get another manager or director to go to bat for an existing resource for market correction. Many managers just bury their head in the sand and hope they don't have to do it.
As an employee I had the conversation with my manager that you're planning on having with your manager. Even though I had excellent reviews he told me I was being paid fairly for my skills in his opinion.(I was at the bottom of the range) So I went out and got an offer at the top of the range. They beat it to keep me.
If you do have the conversation just talk about the facts. 1. Been there 10 years. 2. Skill level and reviews dictate 75 but I'm at 50. 3. Performers like to be paid for performance.
I've had to deal with this situation as an employee and a manager.
It's hard as a middle manager to get another manager or director to go to bat for an existing resource for market correction. Many managers just bury their head in the sand and hope they don't have to do it.
As an employee I had the conversation with my manager that you're planning on having with your manager. Even though I had excellent reviews he told me I was being paid fairly for my skills in his opinion.(I was at the bottom of the range) So I went out and got an offer at the top of the range. They beat it to keep me.
If you do have the conversation just talk about the facts. 1. Been there 10 years. 2. Skill level and reviews dictate 75 but I'm at 50. 3. Performers like to be paid for performance.
Posted on 6/16/16 at 3:30 pm to Hammond Tiger Fan
quote:
Let's say the promotion bumped my salary up to $50k. When I go to look at other similar Sr. level job openings to see what the salary range is for those positions I see a ranges from $50-75k. I kind of feel slighted when I see what they are giving newly hired folks. Seems to me that given my historical performance, skills and experience with the company, and what I've done to increase my value for the organization I should be on par at a minimum to what they are bringing newly hired folks in for.
By your own account, you were recently promoted. That means the position is a new role for you, right? They are paying you the minimum of the range, right? Which is what you say they should at least be doing. So what's your real problem?
Here's the facts of business, a position has the $50-$75k range so the company can bring in someone from outside that may have several years experience in that same type of role. Several years that you don't have. There is your discrepancy. Enjoy the new position. Talk to your boss to clarify what you think is happening vs what you know is happening. Nothing wrong with have honest discussions, just make sure to not use emotion in the discussion.
Anyway, this is all based on my personal experience as a hiring manager... Your mileage may vary.
Posted on 6/16/16 at 3:30 pm to Hammond Tiger Fan
The range for new hires is higher because your company knows it will have to pay more to lure someone away from their current employer.
In past experiences, it's pretty typical for the loyal people to make less than new folks.
Your company knows how much it costs to keep you happy and that's all they are trying to do.
In past experiences, it's pretty typical for the loyal people to make less than new folks.
Your company knows how much it costs to keep you happy and that's all they are trying to do.
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