{ "media_type": "text", "post_content": "Do other companies have a cap on internal promotion pay increase?", "post_id": "5fbb9f6c0dcc5b0022b38a8e", "reply_count": 5, "vote_count": 2, "bowl_id": "58f8171d753e990016608c07", "bowl_name": "Women in Tech" }

Do other companies have a cap on internal promotion pay increase?

like
Posting as :
works at
You are currently posting as works at

Every single company that I have ever worked at... has a budget (ie cap) And that budget gets adjusted downward in bad years or upward in good years. It depends on the company’s financial health

like

I have heard the same for my position and others in my company, although the cap for my position hasn't been disclosed to me yet. I suppose it will be once I reach it. 🙂

like

I was capped when I was promoted to my current role 6 months ago. Time to rethink about it....

Yes. Our HR department has pay bands set in stone for IT internal promotions, but they have a minimum % increase as well. I ran into this with my last promotion because I was at the top of the pay band for my role at the time, so I could only get the minimum raise.

helpful

It all depends on the budget allocated to the org/dept/headcount/etc. sometimes there is wiggle room for more if the company is doing well.

Related Posts

Has anyone ever slept with their competition for a promotion? Asking for a friend.

like

One of the SMs is supporting my promotion case but they are lately trying to micromanage me and ask all nagging questions unnecessarily. Unsure how to handle this professionally.

like

Is it worth speaking to HR if you keep getting passed up for promotion for the past year and a half (will be 2 in October) even if all your feedback is amazing and explicitly mentions from multiple ppl that you're ready for the promotion? (Assuming you can't leave due to other circumstances)

likehelpful

Parthenon people: what is the % base raise between 2nd and 3rd year (Associate to SA) for a given rating? No need to post whole $ figure, just trying to estimate what I can afford in rent next year.

Whats the typical salary raise and Bonus at PwC? Financial Services Advisory - Manager

like

What % promotion raise can I expect for a high performing staff II to senior in advisory?

like

Currently on parental leave. As a father I’m so dang thankful my firm has it and I can’t imagine how my immigrant parents manage to raise two kids without leave.

like

Applying to T15 in R2. Currently have a 700 GMAT (43Q, 41V) after taking once. Even if I raise my quant to 47, which would be impressive for me, I’ll still be at a 700 (possibly 710). 3.6 undergrad GPA. Worth retaking? Or just focus on the rest of my applications?

like

This past busy season was my second. I anticipate promotion to senior. Do I stick it out one more year or jump ship now? How much difference does it make for industry offers?

2nd year Deloitte advisory getting paid 72k. Expecting about 7-10% raise. Leave or stay?

like

Ranked a 2, bumped up to SA2, and got a whopping 2% raise. I'm making it rain now!!!

like

On the Bloomberg Article about Faster Promotion/Pay Raises: Who at MS is trying to get your boy a job?! 😂

like

Went from wanting to only focus on my career and not even wanting kids to now wanting to be a SAHM while I raise kids and go back into a more relaxed job. Has anyone else had a crazy shift in thinking like that? Been single this whole time, so no one is influenting this

like

The amount of posts that involves people sleeping around at work is too many. Also, is it true that people sleep with their boss to get promoted or people are just jealous of them getting promotion?

like

Ambassador Marriott member, didn’t get targeted promotion. Anyone else feel neglected? I never get anything but the quarterly ones.

like

I’m planning on asking for a raise for the first time in my career and I want to list out my accomplishments but I don’t want to seem cocky about it. (cont’d)

Just saw an intern I managed get promoted to SAE. Trying to figure out how not to get caught in a 2 years = promotion cycle, but it seems that’s where I’m at. Is this normal?? I’d be okay with 1.5 years even, but 2 years and a few months at a role I know I’m kicking ass at sucks. Is it time to jump ship??

like

How does the new rule impact on amendment? Big 4 has promotion typically every year and which require amendments. Do you think this will effect current H1 holder?

like

Did we ever get Marriott points from the promotion last year? 3rd night onwards we get 1000 points

like

Raise your hand if you have a ravana inside you. Tell your story.

Additional Posts

How much salary I can ask in deloitte USI for 3.5 yr exp as SAP SD consultant? I am holding one offer as of now.

like

I have an initial phone screen with Accenture coming up. Any advice on how to prepare/ what to expect? I am applying as a 2022 grad interested in the CDP.

like

Best LAX shuttle service? Used Uber for every trip, but would prefer something with terminal pickup. Might as well book both ways elsewhere. Cost not the biggest factor but reliability.

like

My roommate and best friend refuses to get the covid vaccine whenever it’s available because she believes vaccines gave her sister autism. We’re reaching a point of tension where I can’t bring anything up with her that isn’t topical because she’s going through a lot and becomes easily triggered by anything foreign to her. I can’t move out right now. And it also makes me sad that she’s so close minded about the world. Any advice for coexisting/coping? I predict winter will be tough. TIA...♥️

like

Preparing for Huron’s healthcare consulting associate behavioral interview. What to expect?

like

Can the new iMac be used as a second monitor for my windows laptop?

like

I wonder if the ATL highway bridge collapse wasn't an accident... if some group wanted to hurt the economy in Atlanta, closing I-85 is a pretty good way to do it

like

Interview pitfalls: freelance vs full-time? I'm usually a pretty good interview but a freelance contract is a bit of a different ballgame. Any lessons learned worth sharing?

Layoffs and furloughs thread. What firms are cutting and furloughing? Across all industries.

like

Don’t MBA programs most want the people who don’t need/want to go to business school (Private equity associates already making tons, successful startup founders, etc)? Seems like they don’t really want anyone who actually needs business school for their career.

like

PwC folks - what is the average starting salary for SA3 in Advisory - Financial services ? asking for a friend with 9 yrs of us ndistry experience?

like

Forced ranking question: When thinking about your last career move, rank in order of importance which influenced your choice the most? A. Prestige of new employer organization B. Prestige of your new title C. Title in path of career growth plan D. Total comp E. Work you would be focused on in new position

like

Currently a manager at 5 YOE. Lots of experience in change management, tech implementations, stakeholder management, training/communication strategy, cross-functional work, & leading large teams to success. Want to move to tech, but never changed jobs and don’t even know where to begin applying/ what roles I’m fit for. Was anyone in a similar boat? Any advice appreciated!

likehelpful

Does DFW airport have a separate security line for priority boarding? Running late. Have priority boarding passes. Wondering if that would help navigate security faster.

like

Hello Can anyone suggest ,which career path will help to get better Salary 1) azure administrator 2) Tableau+ Sql

like

Hi all, DBS is hiring! Location: Hyderabad. DM for referral.

Post Photo
like

Any concept of retention bonus in PwC AC....YOE 8.5

like

Consulting bowl when all Deloitters move to MBB.

Post Photo
likefunny

What is a decent salary for an advisory consultant in the DMV/Washington DC area? Wondering how my offer stacks up, have 2 years of prior B4 audit experience

Wharton Round 1 applicants, did you go through the Team Based Discussion on Zoom? I noticed the email just says “Interviews will be virtual with a second-year Wharton MBA Admissions Fellows”.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal