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Mentor
Hi all. I am trying to determine if I am being compensated fairly. I am a tax manager (about to start my second year as manager) and have been with EY since staff 1. I was promoted to manager in June 2020 (during covid) and received a 7.5% raise. The class above me has mentioned they received much higher raises during their promotion years. My base salary is now approx. 97K. Any insights would be extremely helpful. Thanks!
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Coach
Hi fishes,
It’s my 1st switch so please guide me. Hr from Siemens called yesterday to discuss salary they offered 6 and said we have this band only. I said I have an offer of 7.3 so atleast match this. Now I want to ask for joining bonus as its Work from office. Shall I wait for offer letter to come then ask or shall I call today itself before getting OL? Also I wanted to negotiate more for salary. Please share if somehow I can? Any suggestions Infosys Tata Consultancy ZS Associates KPMG Microsoft
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At the moment it’s actually both
Anyone who has recently resigned from ibm? When you initiare a separation process from workday, it goes to manager for approval. I asked HR and there is a due date mentioned on that process. Does that mean that if manager does not approve before the due date, my resignation is declined? What is the impact and what is meant by that due date? IBM
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The problem is that staying at one job too long will work against you when it comes to maximizing your salary. New employers generally are paid at a higher level, that's how organizations attract new blood. If you're happy in a role and love the team and so on, there's nothing wrong with staying with an organization. If making more money is a priority, you'll be more likely to get a salary bump by moving on.
Hear you!!
IMO there isn't any perfect rule for how long you should stay at a job. I know it's time to leave a company when I can get a 10% or more salary increase by going elsewhere. I find that has been anywhere between 2-6 years, depending on what kind of raises I had been receiving at the current company.
Fair!!
From what I’ve heard, it’s good to stay at max 2 years before jumping so they’ll know you but you’ll also have enough background skills to use to get a new job with better pay. Companies don’t reward loyalty anymore, job hopping is the new way to go
This is a great response!!
Mentor
Personally I like to show growth at company before leaving. A promotion is ideal but just expanding scope or responsibilities is usually fine.
Mentor
I like showing career progression before leaving. I promotion is the easier option, but just expanding responsibilities is good.
Subject Expert
2-3 years is the sweet spot. Stay long enough to have accomplishments, short enough to avoid pay compression.
Internal raises: 3-5% annually. External moves: 15-30% jumps. The math is brutal—loyalty costs you money.
Stay less than 18 months and you look like a job hopper. Stay past 4 years and you're likely underpaid compared to external market rate for your experience level.
Maximize salary? Build skills for 2 years, get solid wins, then jump for the raise your current company won't give.
What's the biggest percentage increase you've gotten—internal promotion or external move?