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re: Sign on bonuses with no matching raise the next year

Posted on 4/10/19 at 5:10 pm to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/10/19 at 5:10 pm to
They gave you a 7% bonus before you walked in on your first day and now your complaining about not getting a higher raise?


If I was your boss I’d tell you to get fricked and your arse would be on the street before you had a chance to take your first coffee shite.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 4/10/19 at 5:11 pm to
So you make glorified excel spreadsheets...impressive

ETA: if you can’t tell, everyone knows you are wrong with your gripe but you
This post was edited on 4/10/19 at 5:13 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
43118 posts
Posted on 4/10/19 at 5:12 pm to
quote:

If I was your boss I’d tell you to get fricked and your arse would be on the street before you had a chance to take your first pumpkin spice half-caf soy latte shite.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:17 pm to
I drink black coffee only bitch.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:18 pm to
quote:

So you make glorified excel spreadsheets...impressive 


Got me there but hey man we're making multi-million dollar decisions based on those spreadsheets so take that for what it's worth.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:19 pm to
quote:

If I was your boss I’d tell you to get fricked and your arse would be on the street before you had a chance to take your first coffee shite

And I'd be hired within 3 minutes because that's how desperate the industry currently is for my position and why I will never get fired from my job unless I do something outrageously stupid.
This post was edited on 4/10/19 at 5:21 pm
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/10/19 at 5:22 pm to
quote:

we're making multi-million dollar decisions


Who’s this “we” you’re referring to because I know some fresh grad isn’t involved with those deals.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 4/10/19 at 5:23 pm to
quote:

unless I do something outrageously stupid.


I think you’re well on your way chief.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 4/10/19 at 5:23 pm to
Until you have a pattern of jumping ship after a year and companies decide it’s not worth it to hire you. Also, good luck getting promoted if you keep switching jobs after a year. Lastly, even if you are getting raises with each new company as you join, eventually you will price yourself out or it’s just cheaper to bring in new grads for cheaper for your entry level data job.
Posted by Oizers
Member since Nov 2009
2678 posts
Posted on 4/10/19 at 5:23 pm to
Step 1: Present your "truth" to your boss.
Step 2: Record conversation.
Step 3: Post to youtube.
Step 4: Post the link on the Money Board.
Posted by barry
Location, Location, Location
Member since Aug 2006
50832 posts
Posted on 4/10/19 at 5:25 pm to
So just curious, when you move up in position and starting getting bonus'

If you get a 30% one year and then 10% the next year with a 5% raise in between, will you feel slighted? Because this will happen alot if variable comp is a big part of your job.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:25 pm to
quote:

Who’s this “we” you’re referring to because I know some fresh grad isn’t involved with those deals.

My boss, my boss's boss, and my boss's boss's boss. If you work for a large enough company yes you are.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:26 pm to
quote:

I think you’re well on your way chief.

Lmfaooooooo please do explain? Please tell me. I am begging for more details about about how you think I'm gonna get myself fired.
This post was edited on 4/10/19 at 5:28 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
39126 posts
Posted on 4/10/19 at 5:28 pm to
Maybe you deserve more than a 3% raise and maybe your company is paying under market. Entirely possible. Have you done any research to see where your comp is compared to market?

But there are a few things you need to understand.

1) Your sign-on bonus, especially as a recent grad, does basically three things: it ensures you show up (especially if you agreed to the job before graduation), it gives you some cash to buy some new clothes / work clothes / helps you relocate if needed, and it helps transistion you into the work world.

2) What size of a company do you work for? Larger companies often have this stupid thing called "HR" and one of the things they do is try to shove everyone's pay into "narrow bands". This is so no one sues the company alleging pay discrimination. If your boss is telling you after 1 year he can only give a 3 percent raise, it may well be that HR and his bosses have said the highest raise a first year can get is 3%.

3) You really, really need to understand the differences between bonus pay and base pay. Lots and lots and lots of professionals have total pay go up and down. If your base pay ever goes down, yeah that's a big problem. But bonuses can and do move around, sometimes nice and fat, sometimes no bonus at all. Sometimes completely in your control, sometimes not at all in your control.

You are a data engineer. I'm guessing (yes I'm stereotyping) that your social skills are poor. You come on here to complain, and when people try to help you understand, you jump all over them and basically say they don't know what they are talking about.

This isn't the O-T, man. People are honestly trying to help you understand what's going on, because we've all been a first year employee and didn't know anything about corporate life.

If after all of this, you still feel your current employer has "slighted" you, then since you say you are in an in-demand field, I would get in touch with a headhunter and see what they can do for you.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 4/10/19 at 5:29 pm to
quote:

Details about how you think I’m gonna get myself fired.


Tell the money board who you work for and where the office is located, MB can help
This post was edited on 4/10/19 at 5:29 pm
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:35 pm to
quote:

LSUFanHouston

I appreciate the respect you just gave me and the solid advice. The majority of people were here to belittle me but you're right a few of the other people who commented did give actual, well-intened responses like yourself. Thank you for that.
Posted by meansonny
ATL
Member since Sep 2012
26005 posts
Posted on 4/10/19 at 5:36 pm to
quote:

There is something intrinsically wrong about being paid less than what you made the previous year,


I agree.

You should quit. And then get them to rehire you with a sign on bonus. That'll show them that you are smarter than the game that they are playing.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:37 pm to
quote:

Tell the money board who you work for and where the office is located, MB can help

You first bro
This post was edited on 4/10/19 at 5:38 pm
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 4/10/19 at 5:42 pm to
You were not coming here for advice. You came here to gripe and complain about a perceived slight in hopes of finding people who would rally behind you.
Posted by HogFanfromHTown
Dallas, TX
Member since Sep 2015
3597 posts
Posted on 4/10/19 at 5:46 pm to
quote:

Until you have a pattern of jumping ship after a year and companies decide it’s not worth it to hire you

Nah i know you need to stay on for two years at least.
quote:

Also, good luck getting promoted if you keep switching jobs after a year. 

Not if you leave for a promotion.
quote:

eventually you will price yourself out or it’s just cheaper to bring in new grads for cheaper for your entry level data job.

I wouldn't be in an entry level position.
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