QUOTE(dreamer101 @ Dec 19 2014, 09:25 AM)
fuzzy,
But, why should I settle for 30% increase if they are willing to pay 50% to 60% increase?? By asking for 30%, I will only get 30%?? Why get pay less??
<< I had a 30% jump going into one of the top FI's middle of last year and about 25% jump 6 months after going into my current role, again in another top FI.>>
That simply mean that you had left plenty of money on the table for each jump. Your disclosure of your pay slip may had cost you. Why should it be 25% or 30% for each jump?? Especially for less than a year. Do you really know how much that you are worth??
Dreamer
If you want 50%, just ask for 50%. If they are not willing to pay that, don't go. If they are ready to offer you 50% increase without knowing your current pay, they should be ready to offer you 50% even knowing your current pay. If they give you a bunch of excuses, you will have to evaluate if it is really worth your time.
Yes. I work in compensation. I know how much people in my role is getting paid. I'm not shortchanged nor am I unhappy. I asked for what I felt I deserved and I got it. If you think you deserve 50-60%, ask for that 50%. You said, pay is a negotiation, so negotiate. Is is not company offer this, you take.
QUOTE(Belphegor @ Dec 19 2014, 09:26 AM)
Yes that should be the question they should be asking the employee instead of our payslips. Many companies are judging people through their pay, but not their expertise and caliber or the capability of their skills.
I for one think that since you are the one who want to hire me, so you should be the one who show me your card, not me showing you my card.
Vice versa, if I apply for the job and I should be showing you my card since I am the one who wants to go into your company.
It has to reach a balance point where both show their cards based on their stand, instead of we, the employee constantly flashing our cards and get press down on our pay.
A variety of reasons, I wouldn't act as if it is not being used to anchor an offer to the candidate. You will find if you refuse to disclose it, it should not be an issue though it might annoy the hiring manager but otherwise, there should be no repercussions from thethe company practice point of view.
Perhaps my take is wrong, but I'd rather have my pay decision in my hands, thus I look at what I'd have to do in the new role, the skill I'm bringing to the table and hardship I face moving across company and decide on the salary I want. If they can't match it, there is no point in furthering anything.