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Who's worked for a publicly-traded company/large corporation and have successfully asked for a 1x pay raise? |
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If you're in a position to ask for stock options, go that route and hope it doubles. |
In the process of negotiating with a new company I'm moving to. 20% salary increase, but also looking to negotiate a signing bonus (which I've done before). I'd be leaving my current role Jan 1 2023, meaning I'd lose my bonus for this year, hoping this new company can set me whole (or partially) for that. |
Backstory: I've been in my job for over 19 years so I really know my stuff and have excellent relationships with all of the various people I work with. For the most part, I enjoy my job and I am not looking for other opportunities. Without going into detail about my job, essentially I review/approve applications at one level, then pass it on to a colleague (let's call her "Jane") in another office for review/approval at a higher level. I have been working with her for at least 10+ years. Spoiler! |
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All large companies have well defined salary bands that people slot into and most comp discussions are about where you are in the band - you're negotiating to be moved higher and that band is usually relatively narrow (20% spread max). If you were a total rock star last year and showed that you're in the wrong level then we're talking a promotion and that's usually a 10-20% bump in comp for a single level promo. Stock (RSUs) are usually also on a band as well - your level gets a fixed range that either tops you up to a target total comp number or is treated as a "lottery ticket" (rare). Hard to negotiate that in most companies. OTOH, if they levelled you wrong when they brought you in AND you were a total rock star then you could possibly double your money. |
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i always think anyone has a shot, no matter how likely someone is a slam dunk. seen too many shockers in selections made so i always advise people to always shoot their shot if they want it. at least you tried and at least you know, and can move on. |
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19 years? Jesus that's a slap in the face. Like someone else said, did they hire someone internal or external? Does the role require any relationships outside of your company, or who you know in terms of external clients? |
Let's just say I work for a university so I'm internal to the institution, but not necessarily Jane's office. I thought of others in her office that might want to apply for her job, but I don't think anybody else is qualified for that job. In fact, one of the interview questions was "have you ever experienced a challenge working with anybody in our office?" and I knew exactly who they were referring to. I smiled at the interviewer and said "I understand why you are asking this question" as in "I know who you're talking about", and applied my prepped answer for the typical challenge/conflict question to this situation. I felt that this question was a telltale sign that they were testing to see if I could handle working in their office, which I thought I nailed. I don't know who they ended up hiring. I tried asking Jane (which was a mistake and probably put her in a bad spot) but she didn't tell me. Guess I'll find out in a few months. Quote:
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The thing with colleges and universities is -- even though in most other work places, experience would trump your academic background, the SMT in academic still generally take the alma mater and level of academic education into account. It is just how the game is played, and those things are the currencies that matter. Your situation reminded me of my own experience of getting turned down for grad school. I had good grades; I had some relevant research experience doing stuff for a prof; I had some strong references from the prof I worked for, as well as from my supervisors. I met up with the prospective prof whom I would have been studying under, and I thought we had a great meeting. I thought I had all my ducks lined up, but at the end of the day, all I got was a pretty standard rejection letter from the grad studies office. At the time, I was young and stupid enough to send a politely written email to check with the prof and to express my disappointment of not getting accepted, but the reply I got was a super generic blurb of how I wasn't quite the right match. In hindsight, not getting accepted into grad school probably ended up being a good thing. But at the time I was really bummed out. Keep your head high and keep looking forward. But if I were being honest with myself, I would find ways to deliberately not help the new Jane beyond the minimal amount of professional assistance / collaboration that is required. |
depending on place of work, government/institutional often are like this - that post grad, if on paper it says it's needed, could have played a role. i'm sure the jobs i applied to at a city where i checked all the boxes for and i didn't even get a call for interview, is because my engineering degree isn't in civil, which is somewhat frustrating good on you for following up to keep that door open...never know if jane doesn't work out they may give you a 2nd look... |
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Looking forward to an update |
Quick Update: they announced Jane's successor, who comes from another office, but also within the institution. I don't know this individual well, but they went with someone with more experience reviewing applications at that "higher" level than me, but I am definitely more familiar with the "applicants". You could argue which is more valuable, but this person should know their stuff. I'm still super disappointed, but hey, c'est la vie! Side note: this feels like a breakup; suddenly I am motivated to improve myself! :lol |
at least there's some logic to the choice and they didn't bring in someone's kid or someone one of the bosses is banging |
or its good you didn't say fuck you and give a one week notice like a pissy sissy. stable income>feelings. there is so much that needs to be paid for in this life. |
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I never understood that, or maybe I'm kind of naive. But I read about this so much online about people getting pissed off and storming off. I've been laid off many times before. Recession, departments and roles being slashed, etc. I always left with class. Even stayed until 5pm on my last day wrapping up things and saying goodbye to people. I didn't know I was "supposed to" throw a hissy fit and bolt it at 10am after being notified. lol... :badpokerface: The only time that I left early was when I was given a box and told to leave immediately with HR shadowing me when I was actually being terminated after 7 years of employment. I still walked by my manager's desk and shook his hand and said "thanks for the opportunity." |
vancouver is a small town, you never want a bad rep or fake bad rep. everyone knows everyone, if not directly a 1 or 2 degrees of separation. i always try to keep my cool and play it smart, even times when i know it would feel good to go cray cray :lol |
Anyone ever felt guilty quitting? I signed a new offer and will probably drop the news next week. It's a small team and we just ordered new company jackets 2 weeks ago, and I was even asked to help brainstorm ideas for the design. lol... I know I'm replaceable (aren't we all?), but like I said, it's a small team. At the moment, I'm the only guy that's specifically hired for that specific task/role/dept,etc. |
If you care for your workplace, then it’s normal to feel guilty for leaving. But at the same time, I assume you’re leaving for more pay, more opportunities and/or personal growth, and your old boss & coworkers should support that. Shouldn’t sacrifice your own wants/needs for the sake of your workplace. |
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I worked at a very poor restaurant for 6 months, San Remo Pizza in poco 10 years ago. The owners are the definition of garbage. If your shift is 4pm-11pm, but the last pizza delivery is at 10:50pm, and you come back at 11:20 from it, they would not pay any of their drivers for the 20 minutes. Making up whatever excuse they like If you showed up late, by a minute, the senile old hag would yell at you and jip off 15 minutes pay. The servers literally got yelled at for making mistakes. If the owners see food dropped on the ground at back of house, they tell the staff to pick it up and serve it Anyways, I decided to quit on a Friday night as soon as I showed up, I walked up to the till, took the timesheet card, right infront of the owner, and took a picture of it, then I said I quit. He asked me why I'm taking a picture, I responded something alone the lines of "because this restaurant is the definition of fraud, and you are likely to rip me off on my pay, I now have proof of what i worked." Sure enough he responded "I would never do that" I rolled my eyes and walked out As I walked out through the kitchen, a few jaws were on the floor, a few others followed my move that week If this was a specialized trade / industry, where word could get around, maybe he would just have 4 flat tires. Since it's a dinky pizza restaurant, opening my mouth felt great after being treated like garbage. The dropped jaws at the back of the house, was icing on the cake |
i've been fairly lucky where i've worked in pretty nice places and worked with great people, so it's not guilt i feel, more sentimental i always tried to do a proper handover where it was left in the best way possible so i have no guilt and be as professional as possible. mind you i'm talking about office jobs in my career in a professional setting |
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