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re: Hit your salary cap at work

Posted on 3/12/25 at 7:19 am to
Posted by Dragula
Laguna Seca
Member since Jun 2020
5970 posts
Posted on 3/12/25 at 7:19 am to
quote:

Hit your salary cap at work


Not possible in my line of work, but I'd seek other opportunities
Posted by LemmyLives
Texas
Member since Mar 2019
9995 posts
Posted on 3/12/25 at 7:30 am to
quote:

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.

It's usually set by HR, not your manager. If you even look at enlisted and officer (and warrant) pay scales in the military, there is a base salary cap from E-1 to O-10, but it is indexed to years in service, at least.

It was likely put in place to keep a lid on intra-office fighting over why Billy as an Engineer 4 makes 40% more than John, who is an Engineer 4 (probably years in service, value to the business, etc., but juries don't care about that shite.) Hence HR/Legal "rules."

But like I said, his boss should have seen this coming at the end of the last performance grading period and opened up a slot for an Engineer 5, and shutting down the Engineer 4 slot OP held, but then he'd have to explain the budget increase, and that's some level of work manager didn't feel incentivized to do. TL;DR: lateral transfer to another company, or to another division within current company as an Engineer 5.
Posted by terriblegreen
Souf Badden Rewage
Member since Aug 2011
11168 posts
Posted on 3/12/25 at 8:04 am to
Seems like a pretty easy decision. Weigh your options.

For Example: I know I could make more, but I love my job and I'm financially secure. I don't want more work. So, I wouldn't leave.
Posted by Hangover Haven
Metry
Member since Oct 2013
29729 posts
Posted on 3/12/25 at 8:42 am to
Hit it many times, they've increased the cap quite a few times obviously.

I'm 61, not starting another job. Riding it out till the end...
Posted by TheDeathValley
New Orleans, LA
Member since Sep 2010
18917 posts
Posted on 3/12/25 at 8:52 am to
Depends if it also caps your bonuses/stock options. Also depends on where you are in your career.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5899 posts
Posted on 3/12/25 at 11:09 am to
Ross Perot hit his Sales Salary cap
on Jan 19th one year at IBM

He went to work in his bathing suit. This was 1950's IBM where you only wore a blk or navy suit and white shirt
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
8372 posts
Posted on 3/12/25 at 12:40 pm to
quote:

Hit your salary cap at work
well, you typically can make more as a manager? That being said, more money, more problems.
Posted by DakIsNoLB
Member since Sep 2015
1031 posts
Posted on 3/12/25 at 1:51 pm to
quote:

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


Sounds like it has more to do with your position and what clients will reimburse them for.
Posted by BeepBopBoop
Northshore
Member since Dec 2023
712 posts
Posted on 3/12/25 at 2:18 pm to
I’m maxed in my salary range but I get my merit increase in a single cash check every year plus a bonus check.

I stayed because I work remote and getting closer to retirement.
Posted by Sun God
Member since Jul 2009
46689 posts
Posted on 3/12/25 at 2:19 pm to
quote:

If you are not advancing, you are regressing.

This dude LinkedIns
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