Our company is releasing annual raises and it is barely nothing! It is not even keeping up with a livable wage.

I hate how external hires make so much more money. It’s a huge incentive to leave.

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

Yes, you should leave or get another job offer as a bargaining tool for your current company to match/promote you.

I don’t see it as a threat at all?

Companies put more value on new hires and external talent than on retention for the most part. I’m always looking around to see what else is out there.

They value retention at face value. Companies would love to keep the same people around without having to actually do much for them. I spent years never looking around, and when I finally did, it was surprising to say the least.

Cost of living adjustments largely disappeared after the 2008 financial crisis, being replaced by “pay for performance” merit increases. Many people now jump jobs frequently in their early careers to build their salary up.

Related Posts

I need a referal for Devops Engineer role in SAP LABS, can anyone help me on this?

SAP

like

Is it wise decision to invest more than 3% in PPP. Now a days cgi share price is growing rapidly.

Any thought on individual contribution(more than 3%)

# CGI

like

Chipotle put less chicken in your bowl during lunch times. They pretend to be rushing as an excuse to put 6 cubes in your bowl.

like

Finally priority date for EB1 moved by 10 months to Jun 2016 as per June bulletin. Anyone know if this will continue in coming months?

like

Halloween parties in LA? Bars having events, etc

like

https://giveherabreak.org/ This replaces ads during the Oscars with films from female directors they ignored

like

Hi guys,
Need some clarifications about offer letter acceptance. What if you accept offer but at last did not join because you got another offer at last moment.? Do companies take any action on this ?

like

Anyone hearing if L.E.K. is going to be acquired given how poorly they are doing?

likehelpful

So pissed! Paid tax firm $400 to file my taxes in 3 multiple states, they didn’t file my non resident NY tax efile saying i have to do it myself. Without providing the reason why and any instructions on how to do so, just saying it’s in its in the bundle prepared, just file it yourself. I cant even figure out how to file it on my own. Not sure what to do at this point, anyone had experience with this? I am thinking to add a bad review and just mail the tax form...I know I procrastinated too

funny

What's the longest vacation you've taken and where did you go? Thinking about capitalizing on my unlimited PTO and want some ideas.

like

Serious question...should I sell or hold my Dogecoin? It makes up half my portfolio now and made me $40,000 this week. Think this is as high as it will go or is there still room to grow?

Post Photo
likefunnyuplifting

Is anyone looking for a full-time remote paralegal? I have probate, estate administration, estate accounting and estate planning experience. Please see my resume and LinkedIn!

Post Photo
like

1000$ rsu is equivalent to how much Indian Rs ?

#1) 1000*(USD value) or
#2) 1000 * Qualys stocks ( 130 USD)

Could you please clarify rsu calculation ?

Considering the move from leveraged finance to private debt. Good or bad move?

like

Hi everyone - Can I please get some likes so I can DM? Thanks in advance!

likehelpful

Looking for info on the Meta Reality Labs Global Marketing team, specifically Meta Quest. Have an offer and would like to get the real scoop on WLB/team culture. Does anyone work there, have a friend there, or have the deets? Happy to DM, too. ☕️🫖

like

Can an SAP consultant ever make as much as the people working in Tech? What's the maximum salary you saw a guy with SAP background getting?

like

Random question for my HR Benefits professionals- if I need to take a leave from work for an arm surgery (torn muscle not pre existing condition) would it be better to enroll in short term disability or take another type of medical leave?
Thanks

like

How do RSUs/equity work? I received an offer that includes $20k equity. I'm not sure if this is good, or low, as I don't really know how the payout is calculated or given. Can anyone advise?

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