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Slugworth posted:B) I technically shouldn't know what she makes, and have always sort of had the philosophy that I don't wanna know what other people make, or let them know what I make.
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May 1, 2024 03:17
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You should talk about pay. The only reason it was ever considered rude to discuss it is because that makes your manager's life easier, not because of any actual social etiquette breach. "Hey guys, why does the new person with less experience and credentials make more than me, and how are we going to fix that?"Arquinsiel posted:You don't have this, you were trained to think you do. Unlearn what you have learned. Share knowledge freely. Yeah this. Even the US protects your right to discuss wages and our collective labor laws are dogshit garbage. Parallelwoody fucked around with this message at 03:21 on May 1, 2024 |
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May 1, 2024 03:18
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Lockback posted:A) So its good that you feel well, remove the other person from the equation. Are you paid market rate? Do you have a BATNA that is significantly more? Is it possible this new person is just overpaid? Parallelwoody posted:"Hey guys, why does the new person with less experience and credentials make more than me, and how are we going to fix that?"
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May 1, 2024 13:23
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You have to have that conversation where you have real evidence that you are underpaid. Good news: you have evidence that you are underpaid. Bad news: you are begging, your BATNA is bad, and you just got a 20% bump, so it probably won't do much. I might save it for a pre-internal review discussion in the longer term, and maybe framed up more around what your career/advancement path is. If the only thing that is actually making you mad is knowing what someone else makes, you're on a little bit shaky ground if only because you won't be very strong in your ask and it can easily become a functional complaint about the other person. It sounds like you already do not like nor respect this other person so your conversation will almost certainly be tainted by that.
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May 1, 2024 13:35
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Slugworth posted:All fair points, I appreciate everyone's input. I think I was secretly hoping someone would tell me there was a certain way to loudly sigh that would inform them that I need to be paid more without an uncomfortable conversation. I think my current plan is gonna be essentially this: yes, there is. the phrase is, "i have received an outside offer and am considering taking it. i enjoy working here, but would need to make at least $X to stay." then you leave if they dont give it to you
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May 1, 2024 13:54
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KYOON GRIFFEY JR posted:You have to have that conversation where you have real evidence that you are underpaid. Good news: you have evidence that you are underpaid. Bad news: you are begging, your BATNA is bad, and you just got a 20% bump, so it probably won't do much. Absolutely great advice. If truly you'd be just as happy if they said "You're right, we're going to cut that persons pay" then keep your trap shut because your on a path that will only hurt you and almost certainly not help you. If you have legit argument around your career growth and compensation great! But holding off until you have firmer ground (and "I just got a 20% bump I didn't ask for" is not very firm ground) is probably for the best.
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May 1, 2024 14:23
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And if you don't like that answer, and you're still not satisfied with your pay and position in the org, it's time to start looking.
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May 1, 2024 14:54
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Hi, all! Long-time lurker, first time poster. I’m working in financial software in UK, and have been approached by a US company to work for their London office. Both my current company and the new company compensation package are structured with a fairly low base pay, and bonus structure of around 20-40% on top, so generally, people leave after the bonuses are paid out. Assuming that the new company decides to grab me ASAP, and not wait for the current company to pay me my annual bonus, they may offer to buy out my bonus. How is this typically structured? Is there an expectation here that their first offer will say “you are liable to repay the bonus if we part ways within 2 years”, and I’m expected to push back so that if they fire me or make me redundant, then I don’t have to repay it? Are there any hidden gotchas around this that I should be aware of? The hiring manager is US-based, so I expect this conversation, if it happens, to follow US rules and conventions. Thanks!
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May 2, 2024 10:40
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Rules are typically bound to where you physically work, not where the company is based. I can't offer much help here, but it's perfectly reasonable to have the contract language state that you don't pay back any bonus/incentive/whatever if you are terminated by the organization.
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May 2, 2024 10:58
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Usually there's a period of time where if you leave you have to pay a signing bonus back on a pro-rated basis. The standard is "If you are laid off you keep, if you leave or are fired for cause you pay back", the "for cause" is usually pretty tightly defined in this case (it can't be for wearing an ugly shirt, but if you stop showing up you don't get to keep the bonus). Since your in the UK this will be in your employment contract and there's boilerplate, standard language that is typically used.In my experience the company is usually pretty lenient on letting people keep bonuses unless it's like a clear scam or maliciousness. Not out of any goodness, but it's prorated and there is a significant cost clawing back. The only time I've heard of it happening was when someone ghosted like 3 weeks in. It being a US company with a london office shouldn't meaningfully change anything around this. You may be able to negotiate the length of the period but probably won't be able to with the other terms. But do review it, if they are an outlier it may be a good place to negotiate other things to offset. Source: I'm in senior leadership of a US financial software company and have UK employees.
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May 2, 2024 14:58
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Thanks for the explanation, much appreciated!
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May 2, 2024 15:29
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i went from service economy take-it-or-gently caress-off pay, to a unionized professional job making more than my dad made right before retirement. still haven't had to actually deploy any of the advice i got reading this thread, but at least i'm not piss fuckin broke anymore
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May 2, 2024 16:07
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Cactus Ghost posted:i went from service economy take-it-or-gently caress-off pay, to a unionized professional job making more than my dad made right before retirement. still haven't had to actually deploy any of the advice i got reading this thread, but at least i'm not piss fuckin broke anymore Hopefully also not pissing blood.
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May 2, 2024 16:35
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