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Message
Right time to ask for a raise?
Posted on 8/13/18 at 11:19 pm
Posted on 8/13/18 at 11:19 pm
I posted a few days ago seeking opinions on Birmingham- as I'd been offered a promotion. After a closer look, it turns out that if I moved and took the promotion, my raise would be negated by my wife's pay cut and the loss of my company car.
Background: My company is comprised of individual business units with defined territories, operating under, and loosely managed by, a holding company. A few months ago, my boss told me I was the chosen successor for his position within our business unit; that I should start handling myself accordingly; and that I would be going to industry conferences and holding company functions so that I was widely known when come time for transition. Timeframe: 3-5 years. The Birmingham opportunity was for his equivalent job, now, but with a different business unit.
Opportunity: My current boss does not know that I've decided not to take the Bham job. Due to my wife's pay cut and the loss of the car, I'm just breaking even the first 3-5 years, and I may have problems selling my house. Plus, my wife and I love Mandeville, and our kids love their lives.
Is now the right time to leverage my potential move into a raise?
Background: My company is comprised of individual business units with defined territories, operating under, and loosely managed by, a holding company. A few months ago, my boss told me I was the chosen successor for his position within our business unit; that I should start handling myself accordingly; and that I would be going to industry conferences and holding company functions so that I was widely known when come time for transition. Timeframe: 3-5 years. The Birmingham opportunity was for his equivalent job, now, but with a different business unit.
Opportunity: My current boss does not know that I've decided not to take the Bham job. Due to my wife's pay cut and the loss of the car, I'm just breaking even the first 3-5 years, and I may have problems selling my house. Plus, my wife and I love Mandeville, and our kids love their lives.
Is now the right time to leverage my potential move into a raise?
This post was edited on 8/14/18 at 1:08 am
17
Posted on 8/13/18 at 11:22 pm to reddy tiger
quote:
posted a few days ago seeking opinions on Birmingham- as I'd been offered a promotion. After a closer look, it turns out that if I moved and took the promotion, my raise would be negated by my wife's pay cut and the loss of my company car.
Background: My company is comprised of individual business units with defined territories, operating under, and loosely managed by, a holding company. A few months ago, my boss told me I was the chosen successor for his position within our business unit; that I should start handling myself accordingly; and that I would be going to industry conferences and holding company funtions so that I was widely known when come time for transition. Timeframe: 3-5 years. The Birmingham opportunity was for his job, now, but with a different business unit.
Opportunity: They do not know that I've decided not to take the Bham job. Due to my wife's pay cut and the loss of the car, I'm just breaking even the first 3-5 years, and I may have problems selling my house. Plus, my wife and I love Mandeville, and our kids love their lives.
Is now the right time to leverage my potential move into a raise?
Absolutely its the right time
Posted on 8/13/18 at 11:25 pm to reddy tiger
I’m not sure you understand how leverage works. Turning down a promotion to stay in the same place does not give you leverage.
Posted on 8/13/18 at 11:26 pm to reddy tiger
Yep, can't hurt. But being in Mandeville what trouble would you have selling your home?
Posted on 8/13/18 at 11:28 pm to manshipbk
quote:
I’m not sure you understand how leverage works. Turning down a promotion to stay in the same place does not give you leverage.
He clearly said they don't know he will not accept said "promotion"
Posted on 8/13/18 at 11:28 pm to reddy tiger
quote:
Right time to ask for a raise?
Just as your wife sucks him off, take photo, ask for raise
Profit!!!
Posted on 8/13/18 at 11:30 pm to dukesilver72
I’m sure OP has more options than just Birmingham if he is being groomed. But Kinda hard to ask for more money after turning down a promotion is all I’m saying. Maybe local office can’t afford him and Birmingham can
Posted on 8/13/18 at 11:30 pm to manshipbk
My current business unit would love to keep me. They won't be aware of my decision or the financial reasons behind it when I ask for the raise. It will be, "I'm thinking of holding out for my eventual promotion here, but I want a raise to seal the deal".
Posted on 8/13/18 at 11:33 pm to dukesilver72
quote:
But being in Mandeville what trouble would you have selling your home?
Just purchased 3yrs ago, needs significant updating. Don't have the cash to make repairs or hold out if it doesn't sell quickly. Lots of new construction in Madisonville that feeds into same school district.
This post was edited on 8/13/18 at 11:34 pm
Posted on 8/13/18 at 11:35 pm to reddy tiger
quote:
My current business unit would love to keep me. They won't be aware of my decision or the financial reasons behind it when I ask for the raise. It will be, "I'm thinking of holding out for my eventual promotion here, but I want a raise to seal the deal".
Surely the holding company wouldn't let company compete against itself
Can you get external job locally?
Posted on 8/13/18 at 11:39 pm to thelawnwranglers
quote:
Surely the holding company wouldn't let company compete against itself
The business units are independent and competitive, and I'm probably still under the radar of holding company execs. But this is the kind of insight I'm seeking.
quote:
Can you get external job locally?
Yes, but in 3-5 years.
This post was edited on 8/13/18 at 11:42 pm
Posted on 8/13/18 at 11:43 pm to reddy tiger
So how hard would it be to get similar job from another company and not move, bc that is leverage.
I never successfully just said hey I want more money.
Can you say you got the Bham offer but really like org you are in, and want to grow there. Then ask for more responsibility that would support business case for raise promotion?
I never successfully just said hey I want more money.
Can you say you got the Bham offer but really like org you are in, and want to grow there. Then ask for more responsibility that would support business case for raise promotion?
Posted on 8/13/18 at 11:56 pm to thelawnwranglers
My current boss and his immediate boss both believe I'm a shoe-in for the BHam job. The job hasn't been posted yet, but the external manager making the hire (my boss's boss's equal) asked for me specifically. I met him briefly in the past and apparently made a great impression; and my personal success managing my own territory has been recognized within the larger holding company.
No, my job does not have a local analog.
No, my job does not have a local analog.
Posted on 8/13/18 at 11:59 pm to reddy tiger
If you are talking territoy sounds like sales. Honestly other baws on here would be more knowledge than me.
Just corporate accountant
Just corporate accountant
Posted on 8/13/18 at 11:59 pm to thelawnwranglers
quote:
want to grow there
That is how I'm couching it- "I'm willing to be patient and wait on my eventual promotion here (internally), but I need a raise to seal the deal". I've only been with the company for 4 years and am not near the max pay for my position- some guys have been doing my job for 25-30 years.
This post was edited on 8/14/18 at 12:01 am
Posted on 8/14/18 at 12:01 am to reddy tiger
Can you term in task and accomplishments?
Posted on 8/14/18 at 12:02 am to thelawnwranglers
Not sales. Territorial operational management. We market a service and provide that service with contractors.
Posted on 8/14/18 at 12:03 am to thelawnwranglers
Que?
Posted on 8/14/18 at 12:43 am to reddy tiger
I don't know about your situation(I'm not reading that longs arse post), but I have found that asking sometime after I can quantify and explain how I make them more money than they pay me.
Posted on 8/14/18 at 5:30 am to reddy tiger
I’m interested in why a home wouldn’t sell in Mandeville??
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