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Enthusiast
give this man a raise.
Hi all,
I have a offer from Perficient and joining in 2 months time. Question :
1: how is the company in terms of job security and projects? I work with web analytics
2: How is the hike and work life balance.
3: Attrition rate
4: Hike is good but will it be a safer vet like Accenture Operations?
Need some views from people working there.
Thanks in advance.
After Appraisal, company haven't shared updated offer letter (with new salary), it's been 2+ months now.
If I start searching for new job, will that HR ask about recent offer letter? Or only salary slips are enough?
P. S. Current company didn't share updated offer letter to any employee (in fear that employees will switch 😅) Accenture Tata Consultancy Capgemini Deloitte ZS Associates Fractal Tiger Analytics Deloitte USI
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Yes, companies pay you the least they can even if you are super valuable. If the market value salary for your role is $150k and you are getting paid $110k, they will just continue giving you those 2-4% raises while saving ~$40k per year. Companies will mostly try matching or raising your salary once you say that you are leaving.
Edit: Due to politics and all that, the organization in the company you're a part of gets some amount of money for raises/promotions/bonuses. Then the higher-ups work to divide it among teams and people. Therefore, you saying you're leaving will probably cause your manager to go back to the higher-ups and say something like "we are losing someone we absolutely need and it will cost us a lot of issues for the projects, can we do something about it?" but at that point it's kinda too late cause you have already decided to leave.
Makes complete sense because your manager would then have to throw it up the chain to get it approved if someone wanted more % raise or a promotion (with good justification).
Also I wouldn't really sweat it too much because you see the super higher-ups leave and join other companies all the time, so why is it an issue if an employee down the chain does the same?
Rising Star
Never accept.. you’ll be seen as a flight risk if you stay anyway. They won’t invest or build with you. Now you’re problematic.
Yea, no. One of my colleagues almost left for another opportunity earlier this year and my boss fought like hell to keep him. To the tune of a more than $100k pay bump for the next two years(he's in sales) and stock grants. Aside from that he's enrolled him in a leadership development program and has cherry picked him to run our next office. If you do your job well and are liked, even if you consider leaving and they convince you to stay it doesn't automatically mean you'll be considered a flight risk. People will still invest in you if you're good at what you do.
Companies have essentially always put money before people, and that's the cause of a lot of the employment problems we see today. Underpaying and taking advantage of people is short-sighted, because the costs associated with attrition and trying to replace people are enormous, and it would make more business sense to pay people fairly and keep talent around. Some companies are apparently just starting to realize it, but for many employees who are exhausted from being take advantage of, it's too little, too late.
Rising Star
Much of the change stems from the rise of the belief that corporations exist solely to make money for their shareholders, and the fact that the post ww2 bubble the US enjoyed for decades is now gone forever.
Be transparent with the director that you’ve been talking to the manager and they didn’t want to discuss it when it was possible to prevent all this. If they had talked then you wouldn’t be leaving. Sounds like the manager is ineffective and shouldn’t be leading people.
I have left companies where things were not that great, but have never left on bad terms. I have also never given any feedback (positive or negative) during exit interviews. If a company is not paying what an employee is worth, it's because they quite frankly don't care. Market research data is out there that companies can pay to access if they are truly interested in investing in their employees. Not quite sure that you saying anything to the Director will make any difference.
Don’t stay. The $35k will just be a prepayment of future raises. Your future raises will be meager because they will remember they gave you a $35k raise.
The new company is giving you the higher amount basically sight unseen. If you do a great job, you can expect strong raises.
Tell the old company you loved working for them, but this is an offer you can refuse. Don’t burn any bridges, and tell your coworkers “if there is anything I can do for you, don’t hesitate to reach out” (it creates goodwill and no one will take you up on it).
Good luck at the new gig!
Thank your manager for the opportunity and move on to greener pastures to the tune of $35k.
Time waits for no one and chances are your manager already knows this…
Company exist to make as much profit as possible. No hard feelings, just business.
Please leave if you can. The boat has sailed for you… in your heart you will be resentful
Thank you everyone for the different opinions and advice! I now see that I was naive in thinking a company rewards you for your teams performance. My eyes have unfortunately been opened! On to bigger and better things I suppose!
That's the spirit!
You are always worth more to another employer. Why is this surprising for you?
In the decades after WWII a much larger portion of the workforce was represented by a union, giving them a lot more bargaining power with their employers . And there was a spillover effect that benefitted even those who were not unionized because those companies wanted to try to keep their employees happy enough to avoid unionization. Annual raises used to at least cover inflation, if not more. It’s only in more recent years that we’ve gotten used to 3% raises being the norm. Also pensions used to be a thing and now they’re def not lol. So I do think there used to be a lot more loyalty on both sides, from companies to employees and vice versa.
Enthusiast
35k is barely worth mentioning in this market. The rapport you built alone is likely worth more than that. Your boss is doing all of you a favor.
Enthusiast
EY1 a 🤡
I’ve found that this only happens here in Accounting.🤣Any other industry I have EVER seen will say “Thank You for the time you e given us and we wish you well in your new endeavor!”. This is the strangest industry I have ever worked in in my life.
Happens all the time in Insurance as well (Agency side)
Pro
My manager told me for years she couldn’t get me a raise or promotion. When I quit she said she was sorry she couldn’t, but I honestly don’t think she ever even tried. She was so busy keeping her head down and protecting herself and some other underperformers that she just avoided calling any attention to her group at all.
She finally did get laid off as did her pets. Too late for me, though. But I was happy to hear it!
Because until you showed that you were able to quit your employer managed to maintain your salary low. Good for him
I agree with the comment saying $35k is very low
I misread the post and thought the job was paying $35k total