Hi everyone. I am currently interviewing to make a lateral move to another department. This is a higher octane role (which traditionally pays more). If I’m successful, what should I expect in an offer? Should I expect a pay raise or will I have to negotiate during my next comp discussion?

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

Morgan Stanley does not usually increase your pay when you have a lateral move in the company. Would be better to look outside the company

like

Would help if we knew the role, title, YOE, etc

like

It would be a Sr Associate role, so no bump in title. The role would be moving from a generalist role to a specialist. I have 6.5 years of experience in top tier firms.

Many times lateral internal moves will be at the same base comp. They can true you up later on during the next comp cycle (plus your longer term earning potential is likely higher as well)

like

You have to talk to others in the new department to find out the average/mean for the pay within your level. Increases also depends on department, some departments have bigger budgets and some don’t.

Should you get an increase (any range within 10-20% of your base) it may be categorized as a promotion in your personnel file even though it’s lateral.

Across the board, lateral moves within the same department but different manager usually do not provide increases. A lateral move to a different department and different manager, it can go either way. You could get more money or get a lackluster offer.

like

Related Posts

Does anyone know if internal recruiters get extra compensation for bringing in a candidate to a team? Like some sort of commission like external recruiters?

like

What is average business immigration compensation in Austin? (Salary, bonus, profit share)

like
like

What is the salary range for Grade 9 in India in data management department or operations of Market Intelligence?

Is exp hiring easier than through college/mba? I assume there might be less competition but more self selection and less spots

like

Work in consulting division of acct firm making $88K base as senior associate 1. Interviewing with boutique consulting firm who has “competitive comp” and “typically more than Big4”. Is $105k high?

like

How much do strategy directors make these days?

like

Looking for a global support role @Uber@ @Google @Apple. Any references will be helpful

Which consulting firms are hiring for experienced Associate position? Have a friend who got laid off and looking for another job.

like

I’m interviewing for a GC role at a company that’s never had in-house counsel before. I’ve never been a GC - what questions should I be asking?

like

Hi, i recently joined jio in march and my payslip wasn't generated for march and cannot i raised the concern to HR asking the same and there was no response from them, now even for april i cannot see the payslip can you guys please confirm when is payslip gets generated for new joinee

Is 30LPA a decent ask for Senior Associate 2 with 8.5 years of experience? Tech Consulting

like

LTI or EY GDS
OFFERED SALARY SAME

Amazon PMT - what’s the interview like? Is the system design round extremely tough?

likehelpful

How much of a pay cut are you willing to take to (hopefully) re-find purpose in your job?

My Context: work in tech, company has HQ in the Bay but I live in Canada. Single, no kids, 1 mortgage, no debts.

TC: ~200k USD (60% base / 40% equity). I put very low effort, completely disengaged and unmotivated, with anxiety building up. Don’t like the company, but very few companies can match where I live

I’m being offered ~110k to work more, better title, fun project and company

What’s your story?

likehelpful

Dear Fishes,

I require help to get the best offer .
I have an offer in hand with 22 LPA from another organisation, how much max i can crack as per my experience.

YOE: 7
CCTC: 15.9 LPA

like

UK market is open only for niche skillsets ( Data engineer + analytics). Firms aren't interested in sponsoring rest all skill sets, as they can be filled internally. They have limited quota every year, and are very choosy when it comes to allocation. Preference is first given to EU nationals and then Asians during shortlist stage.

Referral works, but the person who is referring you should have enough clout in the organization to present your profile!

like

If any seniors or managers are looking for a referral and would consider CohnReznick, please DM me. Happy to help you get an offer and elaborate more via DM.

funny

Hello all !

Have an interview scheduled next week from itsm pmo role in kpmg .

Any leads about the kind of interview / questions / no of rounds ?
Will be helpful if you can give any idea about the expected package , i have 7yoe .

Any advice is welcome :)

Thanks !

like

How much is the max salary band for Specialist designation?

like

More Posts

Who’s on their way to FAT FIRE?

likefunny

Hi fishes,
Looking for a job change in sales industry, currently working with byjus and having to much toxic environment these days due to layoffs . Kindly recommend .

like

Spending 48 hours in Belgium this summer. Do you recommend Brussels or Antwerp?

Actively referring folks with ServiceNow and low code backgrounds looking to learn/move into cyber, should anyone be looking or interested.

like

Hi, I am in search of a job with Profile Storage administrator for Bangalore location. Have a relevant work experience of 5 years in NetApp products and troubleshooting. Currently working working as Sr. Technical support Engineer for NetApp project with location Bangalore

Please contact me if anyone has any reference

like

What are the best sports bars to meet guys on a Sunday afternoon?

like

Best Andersonville restaurants? Veg friendly appreciated

Any 🐠 looking to rent out a room or sub let one from 15 Jul until 1-Nov? I need a short term option and seem to be getting nowhere in my search!budget <1000 and ideal location Lakeview nr water+park

like

Good recommendations for realtors in LP/OT area? Apartment rentals. Thank you!

like

Sorry if this is already asked. Any links or thoughts on impeachment continuing after the term is over?

Q

like

Thoughts on Optum Advisory Services vs Guidehouse Public Health teams? Any info on comp comparisons for SC?

like

I've been in Revenue Cycle for over 20 years, have a MBA and coding certifications with AAPC but struggling to find opportunities over $100k. Any suggestions?

like

Recommendations on how to simultaneously pay off student loans and invest?

like

I'm up for election next year. Kind of feel like I'm in Squid Game right now.

I've signed on to this, I'm really close to the end, but at a certain point I feel like I just want to check out of the game (and go in-house or something).

like

How do you answer the question about yourself in i-944 where you can indicate "self" and it asks you if you live with said individual "self", and if this individual is filing for an immigration benefit with you or has in the past (again it's weird because you're talking about yourself.. ).

How up to date are the firm’s job search portals? Like do they usually have stale job listings?

like

Persistent offer letter has huge component of Other Bonus, In my case it's around 8 lakh rupees... Anyone working at Persistent can tell?? If this is paid 100%(in monthly salary) or there are some terms and conditions around this?? Persistent Systems Limited

like

Hey hey guys....

J Pow-->market manipulation

Arrest him /s

likefunnyupliftingsmart

Why might a company post as ‘Confidential’? This appears to be a standard job in customer service.

like

Anyone who commutes in from Jersey City - do you take the PATH or NJ transit? Which is better/worse?

Additional Posts in Finance

Can anyone explain how deal participation works? I was told this may be an option, but not sure how much I should expect.

like

FRM is has narrow focus, demands depth, quick to complete

like

Don't drink. Need to figure out how to network without making it weird at happy hours.

like

Am I an outlier for enjoying the work in this industry?

like

Shoutout to the MS hardo with the Vail Patagonia

like

Question for the ladies: I'm getting sick of spending so much time getting ready for work. Would it really matter if I tried less (eg wore my hair in a bun everyday, wore less makeup)?

like

Are you guys as busy as you were pre-COVID? I'm at a no name and have had two transportation clients not want to sell anymore after the massive hit in March and April

like

Would anyone consider their senior colleagues to be their genuine friends?

like

So sick of these pat-on-the-back posts on LinkedIn, and the ensuing circle jerk that follows

likefunny

Best managerial practice to solve serious team conflicts?

like

Those actively interviewing, where are you trying go?

like

When's the last time you've left the office at a reasonable time -- say by 6 PM ?

like

Best and worst recruiting firms for Private Equity

like

What's your "I'm in Finance stereotype" moment?

like

Thoughts on investor relations roles (in PE or other)? Type of experience needed, hours, pay.. Tired of IB but not sure if the best move

like

I am so depressed working in banking. I have only been at it for a couple months, but I feel intellectually stifled, sleep deprived, I haven’t been able to workout at all, and like I’m losing friends.

like

How many of you already have life insurance and long term disability with a trusted provider? Is it worth getting?

like

Are there any expats here?

like

Think a bear market's on the horizon?

like

Bad decision to wear a $7000 Cartier gold bangle in the subways!?! If someone wants to rob me, they’d have to chop my hand off to get the bangle given it can only be unlocked with a screwdriver. 😫

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal