uplift to current wage
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Discussion

Evo141n

Original Poster:

274 posts

189 months

Wednesday 2nd April 2014
quotequote all
What would you expect a new employers uplift on current wage to as part of a job offer 5% 10% 20%, I've been offered 0% frown

MitchT

17,117 posts

238 months

Wednesday 2nd April 2014
quotequote all
Depends on your exact circumstances.

The place where I work is exceptionally tight-fisted. My OH, whom I met here, increased her salary by 60% by moving to another company that simply paid the 'going rate'. I have a different role to her but I've been advised by a recruiter to expect a similar uplift if I move to a comparable role in a different company.

As I said, it depends.

okgo

42,116 posts

227 months

Wednesday 2nd April 2014
quotequote all
I've just done 70%, but that was beyond where I thought I would be offered.

I wouldn't move for less than 25% if the job wasn't groundbreaking in terms of advancement/learning etc. One of the only times you get a decent payrise chance is when you move companies, so has to be worth it in my book before you get stuck on 2% every year unless promoted.

iphonedyou

10,410 posts

186 months

Wednesday 2nd April 2014
quotequote all
I don't know of any extenuating circumstances, but can't imagine 0% would be enough to get me to move, so long as I'm getting what I need experience wise from the current place.

toon10

7,134 posts

186 months

Wednesday 2nd April 2014
quotequote all
I took a pay cut to work where I am now. My circumstances were that I had lost my previous job so they had me over a barrel and I was glad of any offer.

It depends on the job but if you are currently at the top of your wage bracket for that area, they won't want to go beyond the market value unless they really want you.

It would be up to you to accept or negotiate a better package. You could always say that there's no point in leaving your current employer if the salary is the same but then they would think you only want to work for them for the money and nothing else. Unless you are desperate to leave I would thank them for the offer and politely decline as it's a risk changing roles and there's mo incentive to take that risk. If you hate it where you are now then why not just accept the same money? At least you'll be out of there.

Evo141n

Original Poster:

274 posts

189 months

Wednesday 2nd April 2014
quotequote all
toon10 said:
It depends on the job but if you are currently at the top of your wage bracket for that area, they won't want to go beyond the market value unless they really want you.
I've a feeling this hits the nail on the head, I'm reasonably well paid where I am do that may be the problem. How much do the new firm want me? Would it be bad for to ask them to increase the offer, I'd be happy for 5%. Just feeling it make the decision a tad more difficult when the incentive is so low. I'm not unhappy where I am now, just looking to better my prospects (inc wage).

jonah35

3,940 posts

186 months

Wednesday 2nd April 2014
quotequote all
Pension? Perks? Holiday? Bonus?

Id want at least 5%.

Evo141n

Original Poster:

274 posts

189 months

Wednesday 2nd April 2014
quotequote all
What perplexes me is why they offered nothing?
They know my current wage, and holidays etc are all the same.
It seem pointless to me from an employers perspective to offer nothing better?

okgo

42,116 posts

227 months

Wednesday 2nd April 2014
quotequote all
Evo141n said:
What perplexes me is why they offered nothing?
They know my current wage, and holidays etc are all the same.
It seem pointless to me from an employers perspective to offer nothing better?
Why did you apply?

Evo141n

Original Poster:

274 posts

189 months

Wednesday 2nd April 2014
quotequote all
Well I didn't know the full details of the package before I applied.
Plus points were:
Closer to home, 15mile round trip rather than 60.
Hopefully better career prospects.
Hoped for a pay hike!

okgo

42,116 posts

227 months

Wednesday 2nd April 2014
quotequote all
Maybe that all came over in your interview then and they knew they didn't need to offer more.

Engineer1

10,486 posts

238 months

Wednesday 2nd April 2014
quotequote all
Evo141n said:
Well I didn't know the full details of the package before I applied.
Plus points were:
Closer to home, 15mile round trip rather than 60.
Hopefully better career prospects.
Hoped for a pay hike!
45 miles a day less so 225 a week
10800 a year less - equates to smaller fuel bills lower insurance potentially and less servicing. So it is more money in your pocket at the end of the month do a quick calculation on fuel and I bet you find you are arround 2 or 3 fill ups a month better off.

UpTheIron

4,058 posts

297 months

Wednesday 2nd April 2014
quotequote all
Evo141n said:
Well I didn't know the full details of the package before I applied.
Plus points were:
Closer to home, 15mile round trip rather than 60.
Hopefully better career prospects.
Hoped for a pay hike!
In net terms it will be, with the saving on commuting alone. If you didn't say you were moving for more money then I can see their logic - same job, better prospects, better quality of life.

If they know what your current package is then assuming a 5 days week on site they are going to save you a few quid in commuting costs... Somewhere around 10,500 miles probably. That's worth a few grand of gross pay.

toon10

7,134 posts

186 months

Wednesday 2nd April 2014
quotequote all
Why not try the old trick... Phone them up and thank them for the offer and say that your current employer is desperate to keep you so have offered you 5% more to stay. Tell them you'd much prefer the new job but find the offer hard to turn down as you have student loans, etc. See if they match it. If not you could still accept the original offer and you'd be no worse off (unless the call annoys them and they take the offer back of course!)

okgo

42,116 posts

227 months

Wednesday 2nd April 2014
quotequote all
toon10 said:
Why not try the old trick... Phone them up and thank them for the offer and say that your current employer is desperate to keep you so have offered you 5% more to stay. Tell them you'd much prefer the new job but find the offer hard to turn down as you have student loans, etc. See if they match it. If not you could still accept the original offer and you'd be no worse off (unless the call annoys them and they take the offer back of course!)
Why stop at 5?

Wacky Racer

41,276 posts

276 months

Wednesday 2nd April 2014
quotequote all
toon10 said:
Why not try the old trick... Phone them up and thank them for the offer and say that your current employer is desperate to keep you so have offered you 5% more to stay. Tell them you'd much prefer the new job but find the offer hard to turn down as you have student loans, etc.
[Potential new employer]

"Fair enough then,...nice meeting you...bye"

smile

Miguel Alvarez

5,176 posts

199 months

Wednesday 2nd April 2014
quotequote all
okgo said:
toon10 said:
Why not try the old trick... Phone them up and thank them for the offer and say that your current employer is desperate to keep you so have offered you 5% more to stay. Tell them you'd much prefer the new job but find the offer hard to turn down as you have student loans, etc. See if they match it. If not you could still accept the original offer and you'd be no worse off (unless the call annoys them and they take the offer back of course!)
Why stop at 5?


As long as you're asking, why not go for a cool million?



On a serious note unless I really wanted to leave my current place I'd thank them for the offer but politely decline.

98elise

32,539 posts

190 months

Wednesday 2nd April 2014
quotequote all
Evo141n said:
What would you expect a new employers uplift on current wage to as part of a job offer 5% 10% 20%, I've been offered 0% frown
Are you looking for a new job.....or are they headhunting you?

If its the former then are they offering the market rate?

Siscar

6,315 posts

158 months

Thursday 3rd April 2014
quotequote all
In many, many companies a role has a rate attached to it, they may pay less with a development plan to get you to the full rate but they won't pay more. Doing so is dangerous, not least because of potential discrimination suits but primarily because it pisses people off to discover that their employer is paying someone more to join than people already there.

Of course there are still roles and employers where negotiation is possible but for many it isn't.

10 Pence Short

32,880 posts

246 months

Thursday 3rd April 2014
quotequote all
I've just moved roles, similar responsibilities, with a 70% uplift in salary.

Money though, is not everything. I'm no happier in my work and now realise that it's the type of role that's the problem.

My aim now is to go to university and retrain so I can do a job I actually want to do, one that I will get up feeling excited about every morning. Even if that pays me less than I earn now, it'll have been worthwhile.

And no, I'm not sitting here with the luxury of being able to afford to do this.