Related Posts
Is the DC DMV finally open? 👀
Bowl Leader
Additional Posts in Salary Negotiations
Anonymous User
Anonymous User
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
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.
"" is an unusual email domain. If correct, please proceed to the next step
Messaging rates may apply
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
New to Fishbowl?
Download the Fishbowl app to unlock all discussions on Fishbowl.
Share
Embed this post
Copy and paste embed code on your site
Preview
Download the
Fishbowl app
Scan your QR code to download
Fishbowl app on your mobile
Sign up for free to view this conversation on Fishbowl
Sign up for free to continue using Fishbowl
Messaging rates may apply
Subject Expert
Companies want to pay as little as possible. If they can hire - or retain - you for $15K less, they will do it.
The irony is that this business philosophy has made changing jobs regularly the only way to significantly increase your salary. When business leaders go on Fox News to complain about how 'workers' lack company loyalty any more, they are forgetting they created the environment where company loyalty is now a joke.
You are so right!! There’s no loyalty with companies when you can come to work one day and get laid off without warning.
If you’re not switching jobs every 2-3 years, you’re leaving money on the table. We don’t make the rules, we just need to live in them.
Loyalty comes with an opportunity cost and it’s up to you to figure out if your job has the right combination of WLB, relationships, and understanding to accept a lower pay check to stay there.
Otherwise, leaving is the only way to move upward in earning capacity.
There's nothing fair about it, obviously. It's just your responsibility to make sure you're on top of things and making and earning what the industry standard is.
It’s way cheaper to keep a long term employee, like you, by offering small 2-3% increases and after 3-4 years u are way underpaid. That’s much more attractive than hiring externally and paying market rate right away. Whenever u become underpaid by staying at a job too long, u need to get back to market rate or more likely, leave to a new job and get market rate right away.
As someone who presents salary quotes for candidates and can see the internal data of who makes what and in what roles, the amount of people getting lowballed or screwed is concerning. I went to HR about it and they told me it doesn’t have to be the same amount to be equitable which I disagree with. I was also told we don’t bring new hires in on the higher end of the range. TBH their process is so unclear. They have the ability to make things right. I would say something to your boss about it, closed mouths don’t get fed and I feel sorry for the people that have no idea how unfair the business is doing them. I’ve seen people with twice the amount of experience making way less than someone with half. There’s a smart and strategic way you can approach the conversation don’t be afraid to do it. Or like others said, change jobs.
Mentor
It’s totally normal. Happens all the time. New hires always make more. That’s why people hop jobs every few years. You should do the same
I’m surprised people are saying there’s nothing you can do here.
If you work at a big company and are literally in the same role as the new hire, take this to HR. Some companies will open an investigation into you being underpaid. I work at a big company and have seen people get more money from things like this. Manager wise, I’d just gauge bringing this up based on how much you trust them. If you’ve worked with them for a long time you should have a feel about how they’d take it and if they’d be an ally or think you are coming off as disgruntled
Smaller company though, yeah, probably SOL.
HR is NEVER for the people. They’re there to protect the company & do what’s in their best interests.
Subject Expert
Fair? In the business world?
Jokes aside, we often advocate for a compensation review of Teams when someone is hired and their compensation is an outlier relative to similar roles. It often is your first indicator that the market may have shifted and merits consideration. In theory, the price you just paide to bring someone onto the team is the future replacement cost of anyone in a similar role who decides to leave. If pay is the issue, it makes more sense to pay people who are trained and normed to your culture as opposed to competing in the job market to source replacements.
That said...in this job market very little is logical.
Experience, negotiations, and probably interviewed better
Then change and get that extra 15k more than your new colleagues.
Nothing fair about it. Bring it up to your manager
Perhaps, the person managed to negotiate for the extra money or they believed this person had more previous experience in a previous role, but if you can't afford to make waves or are seen as unhappy with your compensation plan for bringing it up and this somehow messes you up with management then don't say anything and let it go if you need the income bad enough, but if you can afford to tell them it's bothering you and take a chance that management sees you as the person unhappy with their compensation plan then by all means go for it !
Coach
Yeah you prob should cool down. Then think of what you would like to say. Hoping for the best for you!
One deciding factor is experience. Just because the person is new to the company you have been at for years, does not necessarily mean you have more experience than them. With that said, as most comments here state, they will hire you for as little as possible. You have to be able to haggle for more pay. Having previous employment with similar pay, and credentials to show your worth, are good ways to do that. As others have also said, changing up jobs for higher pay is another way.
For example, I started at the bottom of the ladder (Porter) at a dealership just getting back into the workforce. $9/hr. After a year, I was promoted to Detail Manager for $13/hr + commissions. A Sales Manager from that dealership moved to another as a GM. He kept offering me a job at his dealership, which I repeatedly turned down due to pay rate, but he knew what I was capable of.
Eventually, he offered me $15/hr + commissions. That place turned out to be toxic, so I left for a plant job in a neighboring state for $15/as Light Maintenance.
I transferred departments after a month to a $25.50/hr position. Hated the swing shift. Met a girl in the next state. Moved for love (we are now married with a daughter!). Was offered a temp job at a local healthcare facility for $23. They begged me to stay for less money, but I stood my ground and they folded. A year later, my manager left and they offered me his position for my current pay rate. Again, stood my ground and they gave me a raise up to $25/hr. Due to excellent performance, my pay increased by $1/hr each year for the next two years (with no haggling needed, mind you).
In the course of that 6-7 years span, I tripled my pay rate. Moral of the story: Stick to your guns and get what you know you're worth. If their budget won't allow it, then go somewhere it does! But, be realistic.
When that happened to me with a coworker that was less than adequat. I marched my butt right to the DONs office and said he’s making this. I should be making more. I got the raise. :)
I was going to ask the same thing. However, due to my position, I also know what everyone’s salary is. It is very frustrating that I handle HR for 3 different locations in 3 states and all AP for all locations and make less than people who have less responsibility. As with many people here, I am actively looking for another position. I am worth more.
Most likely it’s not going to change anything. I just walked out and told them the reason. Loyalty doesn’t pay off. Now I’m making 2.5 times more.
The market trend has been like this for a while now. If you are working for a good company and want to stay there for longer, you can try to negotiate for more.
I think it’s fair to be paid whatever you agreed to be paid. I think it is not fair for a potential new employee or employer to be locked in to a specific salary with no flexibility because that’s what the person already in the role is paid.
Could be a multitude of things. One of the biggest things is that companies like to pay less in the beginning but with such a hot job market they have to pay more to attract better talents.