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Hit your salary cap at work
Posted on 3/9/25 at 5:51 pm
Posted on 3/9/25 at 5:51 pm
Would you stay in the position? Or look for another job? I work in a f500 as an engineer. I enjoy the work but I can’t make anymore due to my tenure
This post was edited on 3/9/25 at 5:53 pm
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Posted on 3/9/25 at 5:52 pm to GeauxZone90
Depends on how high that salary cap is and the freedoms you receive at that job.
Posted on 3/9/25 at 5:53 pm to GeauxZone90
Certainly wouldn’t work for the remainder of the year
Posted on 3/9/25 at 5:53 pm to GeauxZone90
Depends.
Do I enjoy the work?
Do I feel like I’m well compensated for what I do?
How close to retirement am I?
EDIT: I see you answered #1, I think the other two are important factors.
Also, will your salary be adjusted for cost of living or is this a no-kidding salary ceiling?
Do I enjoy the work?
Do I feel like I’m well compensated for what I do?
How close to retirement am I?
EDIT: I see you answered #1, I think the other two are important factors.
Also, will your salary be adjusted for cost of living or is this a no-kidding salary ceiling?
This post was edited on 3/9/25 at 5:57 pm
Posted on 3/9/25 at 5:55 pm to GeauxZone90
If you are not advancing, you are regressing.
Posted on 3/9/25 at 5:59 pm to GeauxZone90
Depends completely on your options.
Would I explore the options? Probably so.
Quietly.
Would I explore the options? Probably so.
Quietly.
Posted on 3/9/25 at 6:02 pm to GeauxZone90
Sounds like you aren’t in sales, meaning. Cap isn’t on commission.
Are you interested in management or just comfortable doing your own thing as an engineer? If you aren’t willing to take on a leadership roll, you can only do so much
Are you interested in management or just comfortable doing your own thing as an engineer? If you aren’t willing to take on a leadership roll, you can only do so much
Posted on 3/9/25 at 6:04 pm to GeauxZone90
Wait, you’ve already met your salary cap for the year….in early March?
Posted on 3/9/25 at 6:06 pm to GeauxZone90
How much $ you making? And in BR?
Posted on 3/9/25 at 6:06 pm to rowbear1922
I been at my job for 13 years. I don’t necessarily want the added stress of managing people. But I am also 30 years from retirement
Posted on 3/9/25 at 6:07 pm to Mr. Elvert
I work remotely with occasional travel. The main office is in Houston. Live in BR
This post was edited on 3/9/25 at 6:08 pm
Posted on 3/9/25 at 6:07 pm to GeauxZone90
I’ll hit mine in a couple of years but I have a lot of flexibility and most of my income is monthly commissions and quarterly bonuses so I’m not looking to leave for a higher base.
Posted on 3/9/25 at 6:08 pm to GeauxZone90
quote:
I don’t necessarily want the added stress of managing people
Well then you better be happy with your salary for the next 30 years
Posted on 3/9/25 at 6:08 pm to CocomoLSU
quote:
in early March?
My guess is that his annual COL raise has him maxed out at his band or level. He either needs to become an engineering manager to get to the next grade and increased earnings, or stay where he's at being an engineer and not having to deal with direct reports.
As a person that gets burned out with the same old thing every 5-7 years, I'd be looking to get into something different that compliments my engineering background. Maybe get a project management cert?
Posted on 3/9/25 at 6:08 pm to GeauxZone90
Yes, retiring at end of year again.
Prolly start something else when the market stabilizes. It’s a habit.
Prolly start something else when the market stabilizes. It’s a habit.
Posted on 3/9/25 at 6:14 pm to GeauxZone90
No cap?
Posted on 3/9/25 at 6:15 pm to GeauxZone90
I hit my salary cap. No one in my job can make more than $195,200, despite the fact that my pay grade states I *should* be getting paid $202K+. It sucks balls.
Posted on 3/9/25 at 6:16 pm to GeauxZone90
Do you like your boss and your situation? Unless you are at the top, a big consideration should always be “who is your direct manager/boss/etc”.
Posted on 3/9/25 at 6:18 pm to ClientNumber9
quote:
I hit my salary cap. No one in my job can make more than $195,200, despite the fact that my pay grade states I *should* be getting paid $202K+. It sucks balls.
Sounds like you need to find a new employer
Posted on 3/9/25 at 6:22 pm to GeauxZone90
What the hell is a salary cap?
Why would you take a job that has a salary cap?
Why would you take a job that has a salary cap?
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