Promotion pay-rise what is fair?
Discussion
I've been offered a promotion at work, it's not a senior position and there's no line management responsibility, however, it's a 2 step jump.
The % increase from my current job to the new one is 8%.
I've never been offered a promotion before, so I'm not entirely sure whether this would be considered good, bad or something in between, but my first reaction was not a positive one.
Am I being unreasonable? or would you, as I did, expect more than 8% for such a large jump?
The % increase from my current job to the new one is 8%.
I've never been offered a promotion before, so I'm not entirely sure whether this would be considered good, bad or something in between, but my first reaction was not a positive one.
Am I being unreasonable? or would you, as I did, expect more than 8% for such a large jump?
Sslink said:
I've been offered a promotion at work, it's not a senior position and there's no line management responsibility, however, it's a 2 step jump.
The % increase from my current job to the new one is 8%.
I've never been offered a promotion before, so I'm not entirely sure whether this would be considered good, bad or something in between, but my first reaction was not a positive one.
Am I being unreasonable? or would you, as I did, expect more than 8% for such a large jump?
A two step jump out of how many? And from what role to what role? What’s the start and end point? Without any context it’s an impossible question to answer. The % increase from my current job to the new one is 8%.
I've never been offered a promotion before, so I'm not entirely sure whether this would be considered good, bad or something in between, but my first reaction was not a positive one.
Am I being unreasonable? or would you, as I did, expect more than 8% for such a large jump?
If you want the job and want the money take it, if you don’t, don’t. I’d look at the bigger picture too, if it’s a foot in the door for the next jump then the 8%’s just a bonus.
Aunty Pasty said:
How does your new job compare to the wider job market?
Salaries are very hush hush in this sector, so unfortunately I couldn't say.Jambur said:
Way too many variables to answer that. Industry? Were you under/overpaid in current position? Any colleagues in comparable positions to get an idea? Does the new job entail extra hours, stress, duties?
Mostly though, are you happy with the figure?
Chemicals, I'd say I was underpaid for the responsibilities I had, people don't typically discuss salary. It will be the same hours, but likely more stress and significantly more duties/responsibilites.Mostly though, are you happy with the figure?
JackJarvis said:
Are you moving from the top of a lower pay scale to the bottom of a higher one? I've had that in a previous job, initial increase was negligible but it jumped up more on future annual reviews.
I was at the top of my pay scale and I'm not sure where within the new scale I will be, but based on some educated guesses I'm not at the top.bristolbaron said:
A two step jump out of how many? And from what role to what role? What’s the start and end point? Without any context it’s an impossible question to answer.
If you want the job and want the money take it, if you don’t, don’t. I’d look at the bigger picture too, if it’s a foot in the door for the next jump then the 8%’s just a bonus.
I believe there are 6 grades before Exec level, but the top 2 have sub bands. It's a Lead version of my current role with expectations to deputise for my manager and their manager as required. If you want the job and want the money take it, if you don’t, don’t. I’d look at the bigger picture too, if it’s a foot in the door for the next jump then the 8%’s just a bonus.
The way to look at it is if you are ambitious then you are now closer to a senior exec role, you also have a better starting point for negotiations if you change job, and benefits such as holiday and bonuses may be better at this level. If you're not bothered about any of that and just want to do your job then turn down the promotion and stay on the lower salary.
If you have ambitions and think you will be good at the job, take it, do a good job and ask for a pay rise down the line.
As others have said it's also a better starting point when looking for a new role elsewhere.
If you aren't that ambitious (nothing wrong with that) then just ask yourself if it's worth the extra hassle.
As others have said it's also a better starting point when looking for a new role elsewhere.
If you aren't that ambitious (nothing wrong with that) then just ask yourself if it's worth the extra hassle.
If its two grades/levels higher, then I would say its a bit thin.
I normally make a 10% increase for someone promoted a level. There are cases where someone was already exceptionally high in the band, might get a lower increase but that is by exception.
Pay is quite personal, in the sense that there may be many factors why you receive the pay you do, time in the company, confidence to negotiate and your own leverage / knowledge. From your overall tone, bewilderment about your pay versus responsibilities and that you have not found a reasonable benchmark, I think it quite probably that you are below market level.
If I am pushed by an employee, I will share the pay data (e.g. the middle point of the pay band and their relative comp ratio) since in the end we should be able to justify it.
Why not ask ? Never a better time to ask then when you are being recognised for the contribution you make to the company.
Good Luck
I normally make a 10% increase for someone promoted a level. There are cases where someone was already exceptionally high in the band, might get a lower increase but that is by exception.
Pay is quite personal, in the sense that there may be many factors why you receive the pay you do, time in the company, confidence to negotiate and your own leverage / knowledge. From your overall tone, bewilderment about your pay versus responsibilities and that you have not found a reasonable benchmark, I think it quite probably that you are below market level.
If I am pushed by an employee, I will share the pay data (e.g. the middle point of the pay band and their relative comp ratio) since in the end we should be able to justify it.
Why not ask ? Never a better time to ask then when you are being recognised for the contribution you make to the company.
Good Luck
Edited by Gargamel on Thursday 23 May 18:22
Sslink said:
I believe there are 6 grades before Exec level, but the top 2 have sub bands. It's a Lead version of my current role with expectations to deputise for my manager and their manager as required.
There are normally HR guidelines for promotions within large companies, so for example where I used to work, for a promotion from a clerical to managerial grade it was to the bottom of the pay band above or £2.5k whichever was greatest. I'd say just ask your boss/HR what the pay rise is based on, it's rare it'll be plucked out of the air. If you're going to ask for more you'll need to be able to justify why you should be outside the norm.
J77wck said:
Take the 8% and test the water when you are trained.
My last pay rise was 7.5%, in my experience anything less than 10% feels like a kick in the teeth.
Agree.. take the promo and the 8% focus on getting the title, experience at the new level and then jump to a new company as soon as you can.My last pay rise was 7.5%, in my experience anything less than 10% feels like a kick in the teeth.
Can you provide the three job titles amended slightly to preserve your anonymity? Current job, offered job and the one in between. 8% is a little on the low side for a one level jump but for a two level jump 8% is insulting.
Have a think about the additional stress that the now role will include and if this will follow you into your time away from work. Then consider how the additional 8% salary will improve your life. Which changes the most?
If you are massively career orientated you might have to take the 8% then jump ship. However money is not the only factor that is important in a job. If your current employer offers good flexibility and other perks the idea of moving might not be all that beneficial for your personal circumstances. I am a work to live type person and only take promotions if the money on the table is worth it. For a two level jump in your shoes I am expecting the offer to be improved or else it gets declined.
The only other thing worth considering is how much you need the additional 8% in take home.
Have a think about the additional stress that the now role will include and if this will follow you into your time away from work. Then consider how the additional 8% salary will improve your life. Which changes the most?
If you are massively career orientated you might have to take the 8% then jump ship. However money is not the only factor that is important in a job. If your current employer offers good flexibility and other perks the idea of moving might not be all that beneficial for your personal circumstances. I am a work to live type person and only take promotions if the money on the table is worth it. For a two level jump in your shoes I am expecting the offer to be improved or else it gets declined.
The only other thing worth considering is how much you need the additional 8% in take home.
Edited by McMoose on Saturday 25th May 07:34
The thing is, you might be able to get 8% just by getting the same job in a new company.
I once got promoted. My old boss was great when it came to bonus time, and my achievements were recognised. My new boss was a t
t. I ended up with less money. Bonus was awarded on bosses whim and not on clear hard fact.
It's easy to find the going rate for a role.
Apply for a few roles similar to.the one you've got now. When the recruitment agent phones you he will ask you for your aspirations on pay. Either: Tell him 25% above what you are on, or ask what the range is.
Then do the same with the new role. Apply for anything similar and ask for 25% more than you've been offered.
Once you find out the industry range, you can go back to HR and ask them.to explain the range for this new role.
Personally unless the training and experience is going to give you a major advantage externally, to double your pay, 8% isn't worth the hassle. It's a cost of living payrise
I once got promoted. My old boss was great when it came to bonus time, and my achievements were recognised. My new boss was a t
t. I ended up with less money. Bonus was awarded on bosses whim and not on clear hard fact. It's easy to find the going rate for a role.
Apply for a few roles similar to.the one you've got now. When the recruitment agent phones you he will ask you for your aspirations on pay. Either: Tell him 25% above what you are on, or ask what the range is.
Then do the same with the new role. Apply for anything similar and ask for 25% more than you've been offered.
Once you find out the industry range, you can go back to HR and ask them.to explain the range for this new role.
Personally unless the training and experience is going to give you a major advantage externally, to double your pay, 8% isn't worth the hassle. It's a cost of living payrise
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