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Work Situation

Discussion in 'Other Off Topic Forum' started by rt207, Sep 2, 2004.

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  1. rt207

    rt207 Karting

    Jan 4, 2004
    51
    Full Name:
    ryan
    #1 rt207, Sep 2, 2004
    Today was one of those days, where it was just crappy all around, anyway to the point I have found out that I am the lowest paid person of my group (5 people.) I can understand this to a degree, but other factors take place. When the group was formed 6 months ago we where give account portfolios that would match our level of experience. I admit i am the youngest person in the group by 10 years so that plays a part. The senior anaylst of the group (who has been placed or a probation for displinary reasons) pulls in almost twice of what I do salrary wise. This person was also assigned the task of doing the reporting for finance group but lacked the skill and capablity to learn the programs, so that was passed on to me within the first week. I knew that i was going to be the underdog starting this new job so i busted my ass and have consistantly been the best as far as department performace rankings go. My question now is since I now have a larger portfolio, better rankings, more software knowledge, and may or may not be important the only person of the group with an MBA, how do i approach the manager and ask for this pay to be better proportioned? Or did I screw myself be not negotiating for a higher salary six months ago. Any comments are welcomed. Tear away.
     
  2. coolestkidever

    coolestkidever F1 Veteran

    Feb 28, 2004
    5,538
    NJ
    Full Name:
    Patrick
    #2 coolestkidever, Sep 2, 2004
    I think what you did shows ambition and a want to move up the ladder. so i think it will be ok.
     
  3. richard_wallace

    richard_wallace Formula 3

    Feb 6, 2004
    1,957
    Cincinnati, Ohio
    Full Name:
    Richard Wallace
    #3 richard_wallace, Sep 2, 2004
    I employ a lot of people where I work. As a manager who was once the one climbing the ladder. I would assume your company/team - has a review period in which the company does pay increases - most companies this is 1 time per year... You mentioned that you are reviewed as well - probably 2 times per year - or 1 time per quarter.

    Often times salaries are based on experience, education, and timing... As you mentioned you came in at the bottom of the pecking order for your team - this is sometimes a great place to start - to gain experience, build your portfolio and prove yourself.

    Keep a detailed log of your accomplishments - what you have learned, successful achievements, where you need training, etc. Make yourself armed and detailed of what you accomplish throughout your review period.

    When it is time for your Annual payraise - (and you may have a review form you fill out as well) - really detail what you have logged. Go to your Management and make your case - be passionate - but not emotional... Do not site that your co-workers make more than you - Becuase this is probably sensitive information - and you probably do not have access to their payroll information - you are going by what you have been rumored or told by them or someone else (even if it is exactly true).

    If you make your case - and show the growth - and you should be able to tactfully guide your manager to get you closer to what you believe you should be making... Also understand - that in the US over the past few years - nonexec management averaged a payraise of 3 - 7%... So do not expect a 50% payraise (if you could get that that you be great of course - but probably not likely).

    Shoot for reasonable increase - and then ask for a 6 month review and pay consideration - to get you to more level pay as per your Job Responsibilities and achievement (notice I did not mention your peers).

    As you gain experience and pay - you also set yourself up for the next level - or move to another company - in which you will now be able to secure more base salary - and you also know what is now the median level you should ask for... This all comes with experience - and it looks like you are on the right track... Remember be passionate - but not emotional :)

    Hope that helps from a management view...

    Rich
     
  4. rt207

    rt207 Karting

    Jan 4, 2004
    51
    Full Name:
    ryan
    #4 rt207, Sep 2, 2004
    Thank you Rich, your information should come in very helpful. I appreciate all the responses.

    -rt
     
  5. LetsJet

    LetsJet F1 Veteran
    Owner

    May 24, 2004
    9,334
    DC/LA/Paris/Haleiwa
    Full Name:
    Mr.
    #5 LetsJet, Sep 2, 2004
    Don't be down on yourself. What you are describing isn't surprising. Give yourself a day or two to put emotions aside. Many businesses hire people for what they think they can hire them for, as well as what they may be worth to the company. If you are the youngest, as stated, then you might have been more of an unknown in terms of value. Someone ten years older would typically have higher salary requirements. That doesn't mean they don't have to perform. If they don't I would suspect they would be the first to go. If you feel your job responsibilities have increased in the last six months then it would be within reason to request an evaluation with potential income review. Though, I should point out that if I just hired someone six months ago and they pushed for a raise I'd not be inclined to provide it unless they were integral / critical to the company. Further, it would give me an impression that this could be a problem down the road. So, my advice is to request a formal review of your work to learn how you might improve. I would keep any raise out of the discussion. This would show your commitment to the company and help frame your priorities. If you are as integral as you say you are then the money will follow. If not at this company then another that will recognize your value.

    Now fill out your profile..........
     

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