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Started By
Message
re: Hit your salary cap at work
Posted on 3/9/25 at 9:13 pm to CunningLinguist
Posted on 3/9/25 at 9:13 pm to CunningLinguist
What Would Billy Bob Thornton Do. WWBBTD
0
Posted on 3/9/25 at 9:47 pm to GeauxZone90
if you enjoy what you do and where/who you work with, then don’t bolt.
i’m not as financially secure as i’d like to be at my age, but. had a GREAT work/life balance when my kids were young.
they never had all the best of the best brand names, but they always had anything they ever needed in life and i was there in person for all the good shite about raising kids (school functions, little league stuff, etc).
sure i’m having to put in more time effort now that they’re out the house, but i wouldn’t trade that time when they were younger for anything.
i’m not as financially secure as i’d like to be at my age, but. had a GREAT work/life balance when my kids were young.
they never had all the best of the best brand names, but they always had anything they ever needed in life and i was there in person for all the good shite about raising kids (school functions, little league stuff, etc).
sure i’m having to put in more time effort now that they’re out the house, but i wouldn’t trade that time when they were younger for anything.
Posted on 3/9/25 at 9:51 pm to rowbear1922
quote:
Certainly wouldn’t work for the remainder of the year
I think he means he just won't be getting anymore raises
Posted on 3/10/25 at 3:49 am to b-rab2
quote:
Is that $7,000 missing a year really bothering you? That $175 a paycheck?
Raises compound over time. If you do the math on just a 2% yearly raise over decades it would blow your mind. Not to mention that bonuses and 401k matches are also typically percentages of salary.
The “pay cap” that doesn’t include cost of living at a minimum is horseshite and a factor in brain drain and lack of loyalty to any company
This post was edited on 3/10/25 at 6:35 am
Posted on 3/10/25 at 4:31 am to GeauxZone90
I'm sure you aren't hurting if you hit your cap as an engineer. Money isn't everything baw you don't always have to make more and more if you're happy
Posted on 3/10/25 at 4:32 am to forkedintheroad
quote:Nothing wrong with that. Not everyone has this sick obsession with climbing the work ladder baw
If you are not advancing, you are regressing.
Posted on 3/10/25 at 4:36 am to Pelican fan99
Switch jobs in a bad economy bc of greed and be the first one out during layoffs.
Or subtle brag tread to attract a homo lover on the OT?
Or subtle brag tread to attract a homo lover on the OT?
Posted on 3/10/25 at 5:11 am to GeauxZone90
quote:Some of the most rewarding moments of my work life have been from managing people.
I don’t necessarily want the added stress of managing people.
The good moments far outweigh the negative ones.
Plus, usually this responsibility is ordinarily where they keep the big money.
quote:
But I am also 30 years from retirement
If you’re single or never going to have kids, formulate a plan to reduce that 30 years.
If you have kids, I hope you survive to 2055….
Posted on 3/10/25 at 5:39 am to Pelican fan99
quote:
you don't always have to make more and more if you're happy
It’s not that. It’s that inflation happens whether you believe it or not. Your salary stuck at the same level has less and less purchasing power over the years.
Posted on 3/10/25 at 6:44 am to GeauxZone90
Depends on age and job. I would have an extremely difficult time working at a place that I no longer received raises at.
Posted on 3/10/25 at 7:11 am to Gee Grenouille
quote:
My guess is that his annual COL raise has him maxed out at his band or level.
Oh I agree, and assume that as well.
I was just being a smartass.
Posted on 3/11/25 at 5:16 am to CocomoLSU
The whole salary cap makes zero sense to me. If you are worth more to your boss, you should explain to them that you are worth more and are leaving to go get it. If you truly are worth more, then he will pay you to keep you.
If you work at a place where your boss doesn’t have that kind of juice, you should leave and go somewhere where they can. If he tells you to kick rocks, you will know that you really aren’t worth what they were paying to begin with.
In my experience, an engineer in his 20’s ain’t worth 200k to start with. I obviously don’t know your exact role, but engineers are like accountants, a necessary evil, and most of the time wrong in my field.
If you work at a place where your boss doesn’t have that kind of juice, you should leave and go somewhere where they can. If he tells you to kick rocks, you will know that you really aren’t worth what they were paying to begin with.
In my experience, an engineer in his 20’s ain’t worth 200k to start with. I obviously don’t know your exact role, but engineers are like accountants, a necessary evil, and most of the time wrong in my field.
Posted on 3/11/25 at 6:51 am to GeauxZone90
The real question you should be asking is why you aren’t promotable?
Posted on 3/11/25 at 6:56 am to Pelican fan99
quote:
Not everyone has this sick obsession with climbing the work ladder
His manager knew this situation was coming months out, and could have fixed it, and didn't. Because mgr doesn't give a shite about retention.
Posted on 3/11/25 at 7:13 am to GeauxZone90
quote:
I can’t make anymore
time to move on. Company's don't show loyalty anymore. Why should employees?
Posted on 3/11/25 at 7:19 am to GeauxZone90
You’re only capped in your current position. There’s definitely places for you to promote into if you were promotable. Figure out why they don’t want to promote you
Posted on 3/11/25 at 7:55 am to GeauxZone90
I've never heard of this in my company. There's always a higher pay band. Maybe they have to apply a Sr. Title. Maybe it's a title change but same basic work scope. But never heard of anyone maxing out. Granted, if you don't have potential to continually advance, you are at risk of layoffs during downturns (o&g). So most people who've been around a while are making small moves here in there.
Posted on 3/11/25 at 8:12 am to Pelican fan99
quote:
Not everyone has this sick obsession with climbing the work ladder baw
Nothing wrong with that, but you have to expect to hit a ceiling at some point if you don’t desire to advance. Otherwise the company can easily get someone making a lot less than you to come in and do the same job.
Posted on 3/12/25 at 6:11 am to BabyTac
quote:
Otherwise the company can easily get someone making a lot less than you to come in and do the same job.
and they'll get what they pay for. the will fill the same role but they will not "do the same job"
Posted on 3/12/25 at 6:16 am to GeauxZone90
Yes I am a deep snapper for the Toronto Argonauts.
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