Hi,
I am currently in-house for a financial services company. I found out about a month ago that my company was hiring for a role in our (fairly small) department that required roughly the amount of experience that I have for a more limited and less complex scope than I perform… for 40% more than I make. The individual that they hired has less direct experience that I have. I raised this to my supervisor who brought it to the GC. How long should I give my company to make an adjustment?

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If you’ve already been waiting a month and gotten crickets I’d start looking to leave. PC1’s advice is horrible and a lack of transparency is exactly how you end up with unjustified pay disparities. It’s entirely appropriate for you to expect equal pay for equal work. Differing experience, skills, etc. are obviously a factor, but to suggest you should bury your head in the sand is absurd.

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Except that was before OP commented that he is solely relying on a publicly listed salary in the JD. For all I knew he found out what his coworker specifically made and was up in arms. That gives me bad vibes, but seeing a LinkedIn post with a salary is different. But regardless, my advice in two comments was to try to get a raise but recognize that many companies won’t match and he’ll have to leave.

Similar thing happened to me. I found out the hard way that some firms have a policy not to match current salaries with new salaries.

You should update your resume and start sending it out. If your company is paying 40% more for your skill set, chances are others will do the same.

likesmart

Candidly, the fact that the GC submitted a request to HR is huge. They could have just as easily said "kick rocks" (unless state law says otherwise). I would follow up periodically but recognize that HR can take a while. I would also want written confirmation that the change will happen and the only hurdle is HR pushing the button.

likesmart

I will also add that the GC submitted a request to HR to make an adjustment to my pay roughly a month ago (around the time I raised the issue).

Additionally, his much do you think would be an acceptable bump? The full 40%?

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Can’t you just ask the GC? If you’ve had the conversation and they submitted it, I think it’s fair to ask the GC for the timeline. Ask if they’ve had any feedback to the request and when you can expect it it be finalized. If there is no budging, then agree that you should start looking. Also if the job posted a range (most post a fairly large range), know that very few times are people actually receiving the upper part. I would look at the middle and use that number.

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Then I think the conversation is warranted and you can decide off of that if they are jerking you around and you need to look elsewhere.

OP, you should definitely be in the market and interviewing right now. You don’t need to take anything that’s offered, but if your company pushes their response until the new year, you will have wasted months. So just start networking and applying. If you get the raise, great. If you don’t you can continue the job search and be able to leave shortly after the decision.

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find a new gig, sounds like you're underpaid

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So I’d definitely be pissed if this was me, but this is why I tell no one my salary. I think being upset by this is normal, but the truth is that just because someone makes more doesn’t mean you should make as much or more. Their salary is none of your business and should be none of your concern.

At my last firm I was the highest paid associate around my level by a lot (black box firm) and a big part of it was that I negotiated salary more aggressively than my peers and was also more profitable (rate was higher, I was a good biller, had a niche specialty). I told no one until I left to go in house and was like “yeah you should ask for more.”

My current team is hiring and I know that the person being interviewed now will be paid more than me despite doing largely the same work, and I’ll actually have responsibilities they don’t have, but I also know they have experience I don’t have and it’s a tough market so to attract talent it costs more.

But frankly, their salary is none of my business and should have no bearing on what I make. Ask for more but be prepared to leave or be disappointed.

I should clarify here. The salary I’m talking about was what was listed in the job posting; not the individual hired for that position’s specific salary. I’m more upset that my company’s own internal baseline for that role is so far off from what I’m being paid.

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The best way to give yourself a raise is to quit and start working somewhere else
They are no arguing with the management,this is no elem school where you can complain,this is life
Move on !

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