The Salary Trap - Gift or a Curse

Could a great pay and benefit package be a cleverly placed trap?

Experimented with some interviews at different companies to see what a senior role would pay out. Pretty much in line with what I make now and most of the companies pay less. The company I work at is pretty great with a good team.

What would it take for someone to take a risk with a new employer, if there is going to be no salary increase?

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

Nothing, what’s the point then?
I’d need a minimum 25% increase.

like

It's called a golden handcuff

helpfulfunny

25% as well if you know there isn’t a promotion within a year

like

Promotion doesn’t mean more money, especially at chase

like

Id say look for a 25% min increase but keep in mind promotion prospects :)

like

Might even venture to say 30%+. I think worst case scenario - if everyone at new company ends up being a knob, how much more money would it take me to stay there.

like

Related Posts

like
like

I’m curious. What would you say is the best industry / sector for…1. WLB, 2. Great people / team, 3. Exit opp’s., and 4. Overall (mix of the above). Goes without saying the obvious “it depends on office, team, project, client, etc.” So this is an ask for general observations.

like

What would be the hike percentage for getting promoted from Associate consultant to Consultant?
Will I get the promotion percentage + year end cycle hike percentage (let's assume that I am getting 3 rating) or just promotion percentage?
YOE : 6+

like

Harman Hello

Anyone working in LGSOFT automotive domain?
I have offer from HARMAN and Lg soft india India.
Almost same CTC Not sure which one to join. Can you give some inputs?

like

Currently, I am working in a metal production. I have 3 years experience in this role. I am learning Data Science from percipio platform of Skillsoft. It has 4 courses from Data Analytics to Data Scientist. Is tgat enough for me.

like

Hi Fishes, I have 2 YOE in data science and my current ctc is 11 lpa. How much hike can I expect while switching jobs? Thanks!

like

Persistent Systems Limited

Persistent is hiring for Automation tester (selenium, api and cucumber) having 5-8 years of experience, Pune location.
Those matching above criteria can send resume to as40899@gmail.com

like

Hello fishes
I am about to go through my review meeting. Been 6 months in the company doing email campaigns, google ads campaigns n research and process optimization.
Company is a b2b e-commerce tech.
What salary should I aim for?

like

This is the great resignation, right? Thoughts on jumping for the fourth time in seven years? I’m chasing the pay to get to where I want to be and have an offer but am getting reservations on making a move within a year. Appreciate any similar personal experience.

like

Holding an offer of 20.5LPA. Now selected for C1 band at Capegemini. How much should I ask?
YoE 6.10, Tech Stack AWS DevOps, CCTC 10.5 LPA
Capgemini

Hi everyone, my sister was fired from her job because her exemption from the vaccine got rejected. She has Director of Nursing experience as well as experience with case management and utilization review. Anyone know of any startups or tech companies that are remote and wouldn’t require a vaccination that are hiring for experienced nurses? Really appreciate the help! Any leads are welcome!

like

I have an interview coming up for internal audit manager. Currently in external audit. When asked about my experience in ERM - what would you say Is transferable skills that I can leverage in my answer?

like

Hi everyone

Please help me to know where C1 falls in EXL hierarchy and what should be the range of pay cycle for C1 band

Thanks

like

Would anyone in this bowl be interested in participating in live sessions? Perhaps tips and tricks, networking, interview tips, salary negotiation, etc. as topics…

likesmarthelpful

I'm being interviewed for Senior Analyst in hsbc. Can anyone help me with the tax saving options available with HSBC? Like self education, communication, meal vouchers etc.

like

.net automation testing openings in EPAM Systems . Intrested and ping me. Happy to refer.

Post Photo
like

Hi ,
anyone help on the HCL retention bonus ?

They added 2L per year in separate letter,

will 2L added in every year ?

They added condition of need to stay for 24 month .

How HCL retention bonus works ?

@HCL Technologies

likesmart
like

Salary for a CA fresher in TIAA India as an internal control analyst

More Posts

There's a lot a chatter (not Chatter) in this bowl over the last year about consultants joining Salesforce. What about the other way around - consultants leaving Salesforce or plotting their exit? We know you're out there....

like

Left the Lost Dog Tavern in Buckhead with a college buddy, and less than five minutes later saw APD respond for a shooting right where we had just been.

He immediately texted his girlfriend that Atlanta residencies were out 😬

likefunny

Anyone else spending Thanksgiving weekend alone?

like

Horizon BCBS Project in Cognizant is having vacancy for Informatica Admin role, so if any of the PA/Associates/SA are currently on bench with Informatica skillset please let me know.

Cognizant

Hi fishes, @ @Notice period is different in offer letter and company policy.. ie 30days in OL and 60days in Policy. which needs to be honored by HR ?

As a chicken Alfredo pasta, I only ever get hit on by noodles, heavy cream, butter, parmesan cheese, and Italian seasonings. I'm offended I don't get hit on by potatoes. They must be anti-alfredoists.

funnylike

Hi folks , what’s the salary range for Wipro Europe development centre (iDeas D&C) for B3 level Sr consultant ?

like

My coworker always takes a super long lunch. How does he have the time to get anything done?

like

Is 120k+super a good salary for software tester (manual) with 7 years of experience in Melbourne?

like

The thought of Attorneys talking down on Paralegals is sickening.

like

Folks,

Just curious if any1 here has opted for BH number plate for their vehicles, whilst being an HSBC group employee (HDPI, HTI, India or any other entity). Are GSC employees eligible for BH number plate? If yes, what was the process like?

like

Day traders, what do you use to trade?

like

Welcome to the Career Pivot Bowl! An attempt to create a space to discuss how/when/why of changing course!

likeupliftinghelpful

I’m currently interviewing with a few top 10 firms and a couple top 100 firms for a mostly remote experienced associate/new senior role. Does anyone have any tips on virtual interviews and how to gauge the culture of the firm and if it really will be a good fit for you? I’m struggling to figure out that out because I used to gauge it on the feeling I got while in their office during interviews. Any suggestions would be helpful :)

like

Experienced HR Rep here looking to pivot companies. Anyone have any recommendations or can help get my foot in the door anywhere?

like

Thoughts on 3-page resume?
I come from a very varied background and can't fit it all on 1 page

like

Hi Fishes - Anyone who has completed Wings2 program in TCS?
Need some guidance..pls IM/comments.

like

Hey Guys,
I am trying to upload my payslips in bgv portal of capgem but it is throwing an error that data is insufficient and hence I am not able to submit. Also my lwd in current firm is still 10 days away so I can only provide them with my payslips for now. There is an option to select Yes if still haven't received other docs. But once I select that option I am unable to submit those payslips as well could someone please help

Additional Posts in Finance

I currently have 6 years experience in a Bank covering Corporate Banking, Corporate Relations and Chief of Staff roles. What KEY IB skills do I need for a move there as a VP I? Valuation skills and Excel mastery?! It would be a Coverage role. Thanks!

like

fishbowl has invited me for there ambassador program, anyone else gets this as well?👶🏻

like

How many days a week do you manage to go out? Dinner, drinks or movie with friends etc.

like

Does anyone here know of a good resume/cover letter proofreading and optimization service? Looking to get mine professionally checked and would greatly appreciate it if anyone could share their personal experience. Thanks!!

like

Has anyone done the GARP Financial Risk and Regulation course? Was it educational? Did you do the FRM after?

Who here actually owns a car and what kind of car is it?

like

what happens if you don’t pay back sign on bonus and leave before clawback period?

like

Differing views at firm...do you wipe existing amortization in acc/dil or is your intangible write up in addition to existing? I always believed the latter.

like

Poll: your salary sell-side research analyst and which year are you?

like

Xerox's bid for HP is effectively dead, at least for now.

like

Is fishbowl only available on the US App Store?

like

Think a bear market's on the horizon?

like

Does networking mode need to be turned on to DM? How does that work

like

Does the stub bonus after A2A promote have any variability? I know BAML hasn’t announced yet so looking at past examples

like

How long does it take to hear back from a superday at a BB? I was told by HR 2-3 weeks but I hear people get calls within hours. Is this true or should I take HRs word? Scared I got rejected

like

Another week of models and bottles... And by that I mean excel models and bottles of 5 hour energy

likefunny

Have an SO I know is cheating. Thing is I cheated once and he doesn't know about it. I feel like I should let this one fling of his go and refocus on our relationship. Thoughts?

like

My boss’ boss wants to catch up on how things are going; I changed groups 6M ago for a more fast-paced environment but have only partially gotten the transaction/networking exp I wanted - any advice?

like

Realization: I'm good at my job because I'm single

like

Anyone else feeling the same?

Post Photo
likefunny

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