What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

likehelpfulsmart
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The absolute best way is to start applying at other companies.

likehelpfulfunnysmart

100%, being in the same boat at another financial institution, I am being paid significantly under market (avg 118 to 130) . I have gone the exact same scenario and finally decided the only way to achieve equitable pay for my experience, education and certs is to look for other employment as much as I like where I work. Not the best economy to have to do this but life is a risk and might as well get as much reward as long as you can, living in fear is not living

likehelpful

I agree with VP1 unfortunately, the only way you get leverage is by showing up with another offer. Otherwise they have no reason to change anything

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Unless you absolutely love your job or there are extenuating circumstances you should leave, do you really want to have a tough conversation every time it comes to raises?

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😔

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likefunny

Honestly, get another offer. That's the quickest and most effective way to bring your salary up to or at least close to where it should be. That said, it sounds like your current employer is blatantly and purposely undervaluing you. I'd probably do more than just shop for other offers. I'd take one and get the heck out of their. But that's just me.

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When your self-employed you simply tell your client that you have to raise your prices. When they say they cannot afford you anymore then you kindly part ways and work towards your next client that will appreciate and afford your talents.

Same thing needs to be said for the employee. If my employee asks for a raise and I don't give them one, then there is something wrong. I will either give them a raise or give them feedback on what needs to happen for them to get a raise or I will help them find another job that fits their needs (aka let them go with help).

I always pay my workers more than the industry standard because my people kick ass and make me money. If my employee is hapy then my work place is happy and making money.

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Unless you are an actual 'banker' or trader, or top 'tech' or a senior manager, IB's and firms of that ilk will give minimal raises, promote based on whether you are friends of friends, and will try to overwork you as much as they can. If you are young enough, update your resume and LI profile, check with friends, find a better job. If you're 50 and older and not in one of the top positions, be very careful because many firms won't hire you, and your own firm may dump you, especially if you look disloyal.

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How about getting a promotion? This would be faster than asking for a raise. If you can compile all your performance reviews and achievements, that would be great. Or start applying somewhere else if promotion is not an option.

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Unfortunately employers who give promotions instead of COLA increases/raises expect the same bionic efforts as regards doing multiple jobs simultaneously without additional compensation no matter the role.

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Lots of Salesforce job openings! Wonder if firms are getting ahead by giving out retention bonuses. Anyone?

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I’ve worked 2 years at a non profit 501c 3 tech startup. When I started there were 6 employees we now have 22. I am considered a part of leadership and am a people manager in addition to my sales role. I am a high performer and last year got a 10% raise (which I asked for). This year I was offered 5%. I am going to counter but curious what anyone thinks I should ask for. I was thinking 8%.

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Hello,
I have total 5 YOE
Relevant YOE-3.5 yrs (Project Management)
Experience- Project Management, MS project, Ms excel, powerpoint,VBA, SharePoint, Power apps, Tableau (no pmp certified)

What payscale we can expect ?

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I was recently promoted, and now part of my team report to me. I'm now able to see their pay rates and I am honestly so disappointed in the company. Especially since we just gave annual raises in Feb, plus we can all see where the money is going and it's not to the employees. Makes me sick

likehelpfulsmart

JL Associates, do you think we are getting another raise?

likefunny

25lpa in big 4 or 22k aed per month salary in sharjah with 4.5 days working in govt company which one is better ?
Have wife and kid with no emi and loan and living in own house in India.

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Please suggest.

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likehelpful

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Hey Fishes,
I feel my current CTC is less and I should look for a change. Kindly share your views on what is the ideal salary range basis my YOE & profile. TIA

Profile- PMO (Project Management)
YOE- 6.5 years
Education- B.Tech
CTC- 12.5 LPA + 5% variable

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Hello Fishes,

Please Genuine Help Required

Which one to choose for 8.5 years of Exp

Exl Service ( 21 LPA fixed and 2.5 LPA variable)
Wipro (21 LPA fixed) client location and No WfH, No Cabs
Xceedence (21 LpA ) and 1.05 LPA variable)

Hi All,

What would be the in hand salary for 6 LPA in Accenture

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helpful

What type of consulting do you?

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likehelpfulfunny

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𝐂𝐚𝐫𝐝𝐢𝐧𝐚𝐥𝐢𝐭𝐲()

Rule Functions in SuccessFactors

#SAP #SuccessFactors #Cardinality #Associations #Functions #BusinessRules

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Photo of the day

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likefunny

Hi All,

Greetings, I am currently working as informatica administrator and serving notice period in my current organization, can you please let me know if there are any opportunities for the same.

Best time to visit Italy? Based in Boston and all flights are so expensive!

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30/F/(currently) Tampa, FL 🐠🏝 👱🏽‍♀️ Serious relationship only. Fit, cute, intellectual looking for her soulmate 💕

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