Why are new hires coming in close to or above existing staff pay? I found out accidentally and it was not a small gap. Loyalty feels expensive. Are people pushing back or leaving?

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

Usually the "existing pay" is not up to market value. Still if you stay with a company for more than 5 years you are losing money.

like

Pushing back doesn’t seem to work from what I’ve seen over the years. If you really want to make more money you have to switch companies.

like

You won’t see the same spike in pay staying put. You are more than free at any time to start applying and make sure you are getting the best salary you can. The only time you have any leverage to push back is when you have an offer in hand.

This has been happening for years. Unfortunately, the only way to increase salary these days is to job hop.

Related Posts

A senior manager in tax here. Do the tech companies in the Bay Area really pay as little as what it looks like on Glassdoor? It says a tax manager at google makes 120k. Keep in mind, the poverty li

Hi Amdocs fishes,

Can someone refer me, i have the job id?Amdocs

Thanks

like

What are the best hompanies for credit risk analyst profile?

like

BMO Audit team vs TD bank Compliance team?
Any feedback on how the teams are.

like

What's a guilty pleasure you indulge in at work?

like

Any ML CAs out there who have transitioned (or are currently transitioning) to IA/EGP roles?

like

I have joined Infosys 2 weeks back. They have mapped me to a certain project but everyday I am getting calls for the skill sets that don't match to my current skill set. They are telling me to attend client interview and giving me just 1 week of time to prepare for a totally new technology.

Does this commonly happen in Infosys? Infosys

like

Hi fishes,

Anyone joining infosys on 10 oct 22. Post uploading the documents on launchpad what we need to do ? Directly report to the joining location or any link will be sent to pre onboarding

like

I’m interviewing for a position with EY FAAS in NYC. Can anyone speak to what the environment and people are like?

like

Hi Fishes, Pls help,
YOE: 13 yrs
Cctv: 13 lpa

Have cleared HCL interview. Initially they offered 23 lpa (via proposed offer letter, to be approved by L4), but i requested to reconsider it for 25 lpa. After 5 days, they sent final offer letter of 19 lpa (stating they can offer max 50% as per L4 approval).

I don't have any other offer as of now. What should I do?

like

How much is the salary for EY - manager - business consulting for mba tier 1 bschool graduate with 6,7 yrs of experience.

When you know your pilot had a mad one last night...

Post Photo
likefunny

Unpopular opinion: is it really that bad that Trump is making it impossible for people who rely on government assistance to get green card? Shouldn't green card be merit based?

like

I work at a small immigration law firm and I feel like I’m committing fraud everyday.

like

Anyone else absolutely *loathe* being assigned new client matters at the end of the month when you know your billable time won’t count bc conflicts haven’t cleared yet? Just me?

like

My goal is to save 300k by end of 3rd year. HCOL. Do you think I can do it? Or maybe 5th year?

like

Golden verse:
Matthew 6:27 Can any one of you by worrying add a single hour to your life?

like

For those who want some lighter reading on Marx, I can recommend this. Each chapter starts with a standard anti-Marx argument and then gives the rebuttal. The left can sometimes be a bit “I can’t believe you disagree, I won’t even engage’ but this means we are often not well rehearsed to oppose the other side of the argument.

Post Photo
like
like

Trying to understand how points work..I stayed in the same hotel twice, same number of nights, same price..I got 11k points the first time and 5k points the 2nd time...anyone understands how?

like

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