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EY hiring Semi Qualified & Qualified CA’s & ACCA’s for a short-term (Fixed Term Hire) contractual role in Bengaluru, KA.
Looking for candidates who have completed graduation, 3 years of Articleship, IPCC/Inter both groups or 9 papers of ACCA.
Drop your CV’s to Mohammed.Faizan.Mohammed.Altaf.Arbani@gds.ey.com with subject as Fixed Term Hire
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Hi guys,
What is the policy in your firm related to working hours during Ramadan?
As per the UAE government, private sector working hour must reduce by 2 hours. Does your firm/project comply with this and if not, isn’t that a violation?
https://www.thenationalnews.com/uae/government/uae-announces-ramadan-working-hours-for-private-sector-1.1200607
5% is a good raise tbh. Most companies don’t give more than 2-3% and a lot of companies aren’t going to give raises just for getting a degree.
Also your manager may have to get sign off from HR or senior leadership and that red tape usually takes awhile.
can confirm, I (and most others in my company) got a 1% raise this year. No COL increase, no bonus (bonus came out to like 1/2 a %). Company refuses to spend money on hiring and retaining talent or tools to make our jobs easier/add more value.
Start applying to other places and do not take a counter offer from your current employer. I was in this same situation in the past. Though mine was a manager promising a promotion. I waited a year making sure I was doing what was needed. After that year I started applying at other places for the role I wanted to be promoted to. I accepted an offer from another company and waited for a check in with my manager to tell him. It just so happened that in that check in with him he told me I was not ready yet to be a Sysadmin and that it would take a bit longer. After he was done covering a few other items and I had the chance to talk. I informed him I accepted an offer from another company to work as a Sysadmin for them. I know this sounds exactly like something that is scripted.
Bottom line do not wait for others to chart your course. Take it into your own hands, no one else cares about your advancement they only care about their own advancement.
Moving to the other company I received a 50% pay increase and 2 years later received a 20% pay increase off a promotion. They consistently give 3-5% increase every year too. Whereas my old employer only gave 1-2% increases.
That’s amazing :)
5% wouldn’t be a bad raise if they didn’t start me 75% below the average salary. This post has nothing to do with whether 5% is a good raise or not.
Anyway, you’d think over a month would be enough time to get a “sign off from HR”.
Let’s be clear. It’s not up to HR to approve salary increases. HR can only review your experience against the markets, benchmark against that, and then make a recommendation.
I recommend to learn about the approval process (especially off cycle approvals) instead of making assumptions and blaming HR. Whoever is responsible for budgets + the approval chain is responsible for this delay.
Stop using HR as the blame source.
You're a dev, literally a nugget of gold in the tech world.
You don't have to stay put, if you move that 5% increase will turn into 50% easily.
This is the way
I think you already have your answer. No response is a very loud and clear answer. Time to look elsewhere.
Time to start applying at other places.
Just follow up with him and ask what’s happening.
I absolutely agree !
That’s why you don’t request you negotiate with another offer.
I agree don't tell them what you are making now. When the prospective company asks what your part is or how much you want to be paid say. "I'm aware of the current market and am willing to consider your best offer." Just leave it at that. When I interviewed for the job that resulted in a 50% raise that is exactly how I handled the question about existing pay. They also had me do an intake form later on which had a field to fill in current salary, I left it blank.
Keep in mind too, generally the first offer they give might be 10% less than what the max might be, but that's not always the case could be less or more.
I think it's important. Remember when you're at the point that they're making an offer, the hiring manager and the team already really want to hire you. It's at this point HR has to try to hire the candidate for as little money as possible but also not lose the candidate.
Another reference point to consider. https://www.nolo.com/legal-encyclopedia/can-a-prospective-employer-ask-for-my-current-or-past-salary.html
I always ask: "what's the salary range for the position?". You don't have to tell them your current salary, but after your first interview they have to tell you the range when you ask for it (at least in California) and if the recruiter does the initial screening they'll probably be upfront about the range when asked. If they are, I will be too. Neither of us wants to waste each other's time. If they don't want to share or if they ask for your current salary, that raises concern.
Get another job, your boss will come back to you with slightly more money than the other company offers but I recommend you don’t accept his offer unless you genuinely love working there.
Somehow there's magically money in the budget lol
Sounds like it’s time to move on and move up!
When you don’t see a path or feel like you don’t have the support you need from your leadership team it’s time to move on. I spent so much of my career staying “loyal” to companies thinking if I gave it one more year maybe I’d work my way up. I had one job for 7 years and got the same standard cost of living increase but no promotion! And every year I’d get a review that said I exceeded expectations, but for whatever reason the company couldnt promote me. I got all kinds of excuses - company was on a hiring freeze or we are doing a restructure so we plan to promote you in the next 6 months. It wasn’t until I hired a designer to report into me and they offered her more $$ than i made that I realized something was off. I was never gonna get an honest answer from them so I knew it was time to move on.
You have to understand it’s not him in control of the money. If it’s a corporate place there is budget matters to take into concern and pay bands. HR might have cap on the raises. Frankly , apply for jobs. It’s the only way you get more than 5 percent in todays market. Your manager might of tried and thats the most he could get.
True! Maybe not directly the manager's fault.
If more people leave for reasons like this though and the culture changes maybe companies will realize how much great talent they're loosing and spend more on retention.
I would apply to new jobs. It’s reasonable to move if your current company can’t/won’t pay you more.
You have to be extremely cognizant of managers using carrots. It’s more common than I care for it to be. A bad manager will come back with something along the lines of “oh I tried, but you’ll have to do a,b, and c first for insert excuse*”
A lot of great comments here. Let's also remember:
1. Most companies rank the members of their team by highest performers to lower performers in order to give out salary dollars. This ensures the high performers receive three highest % of increase.
2. Just graduating doesn't entitle an employee to be at median salary
Lay out your value add
It is possible that your manager is trying to get you more, but that the org at large doesn’t want to (eg HR asking “but do they have a competing offer?”).
I’m only saying this to point out that you shouldn’t resent your manager because of this - but definitely agree with the others saying you should start looking elsewhere (and definitely don’t tell them how much you’re getting now)
Just saying I got a 40% raise when I got my degree and I still negotiated
It is 100% possible there’s some bureaucracy happening here and your boss is trying his best but not sure how long it will take - you probably know how likely or unlikely this is based on what you see from leadership and HR
But it’s also possible your boss is getting ready for you to quit and is quietly finding your replacement and keeping you around until then
If it’s an option I’d consider taking to the HR team on your own - not to throw your boss under the boss but to try to understand the normal process for salary increases
Also worth saying - unless you have it in writing your job won’t necessarily value you increasing your skill set - they will value what you are doing for them now, what you are going to do for them, and how much it would cost to replace you. I learned that one the tough way
Everyone here is right - it was timing to start looking for a job the minute they paid you so far below market value and right now is not too late to get what you deserve. Have some interviews, consider letting your current employer counter but most likely don’t take the counter
Good luck. We are here for you
"think" = indirectly saying "no" at the moment and "let me see other variables" such as comp pool for the team/group and upcoming resignations where s/he have a breathing room to give you more
If your manager really believes that you deserve a raise, the s/he should've said "Working with HR" and provide you updates periodically if s/he is a good manager
If you don’t mind me asking, what range are you presently at? Depending on where you are, that would make the difference to me as to if it’s reasonable or not. But if you’re losing money and motivation, it may good a time to start checking out other oppprtunities