how are salaries normally decided in a company?
i have a bachelor's degree and have been working at the same company for over a year and a half, and recently discovered that i am probably the lowest-paid employee with the same job description. everyone who was hired around the same time as me has either been promoted (which is a pretty big joke, because the raise that comes with the promotion is minimal) or left for a higher-paying job somewhere else.
i found out that people who started six months or a year after i did had higher starting salaries than my current salary (after two raises). i feel that i'm getting ripped off.
people who are getting paid more than me are doing less work and have less responsibility. i'm busting my ass more than anyone else and getting paid way less for it??
the sad thing is that things are slowly getting better. i used to be much more upset about the situation, but management has changed, and it actually is a calmer place to work.
unfortunately, the compensation issue just doesn't warrant me staying here much longer.
Often, your compensation is based on what you said was okay on your resume or in your interview. Then you are stuck at getting slow raises.
Some companies are worse than others.
I lived through this with a company for 4 years. I was the best and I got the worst pay.
Posted by: at February 28, 2006 9:03 AMBest thing to do is wait for your next review, and if you seem to be doing well, ask for your wage to be brought in line with your peers; if the company values you, they'll do so, and might even kick in a bonus (ie; thank you for your loyalty). If they reward you with yet another mediocre raise, then plan to look elsewhere, because the only proven method of getting big raises is to switch jobs.
And if you go that route, never, NEVER accept a counteroffer from your current employer - you can google to find out why.
It would also be WELL worth your time to hit the local library and sign out books on negotiating your salary/perks before your next review. I've done that, and managed to negotiate a 15K raise.
Posted by: at February 28, 2006 7:32 PMYou could be making less because of the way you look.
Posted by: at March 1, 2006 7:05 PMSet your price for your self. Put your self on the market. When your have your new employment secured, quit your current job. Now that you have your new job, and find out that the same senario from your old job is alive and thriving with your new employer, at least know that you are the one who determined what your time and effort is worth.
Posted by: at March 12, 2006 4:53 AM