Are You Being Paid Enough?Friday, October 14, 2005What was your immediate reaction when you read the title? Duh! Of course I'm not, who is? My boss is too cheap My company is too cheap Yes, I am Write down your immediate reaction. If you feel like you are compensated fairly, you are done. The Blogging Boss said you did your homework and sold yourself correctly. If you feel that you are not paid what you deserve, then make a promise to yourself right now to fix this problem. You must commit to making a change or it won't happen. If you commit, set up your strategy and execute, you will make more money. It is not as hard as you think. First assignment: Write down the annual dollar amount that you feel you should be paid for what you do. Second Assignment: Start Googling for what other people are making that do the same thing you do. There are many sources out there that can give you an idea as far as how much other are making. Call a placement agency and ask for salary comparisons. Keep in mind, the annual salary may vary depending on where you live. Cost of living plays a big part in this comparison. Tomorrow I will give you your next assignment. If you didn't find any data on how much others are making, post or send me your email in the box and tell me about your situation. posted at 10/14/2005 11:04:00 AM |
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4 Comments:
The company I work for has been on a wage freeze for 5 years. That's 5 years we have all gone without raises!! I know I'm not getting paid what I deserve!
Up until a few months ago, I was CERTAIN I wasn't getting paid enough. I found out at the end of last year that the person who replaced me as a quality tech was making almost $2 more per hour than I was. What was more insulting is that this person had worked for the company a year and a half LESS than I had. The reason? My boss explained to me that he "held a higher standard" when it came to performance reviews. What other managers considered excellent performance was only good performance from his point of view. Of course, the rationale behind that viewpoint is that when he gave us all "good" appraisals on our reviews, he was also saving the company money since the percentage increase we recieved was tied to the level of performance on those reviews. The lower the appraisal, the less money you got. (One year, I only received a 25 cent increase. I told him that I thought that was insulting. He didn't see a problem with it.) After I complained about my replacement making that much more than I was (something I found out by accident), he shocked me by making an adjustment in my pay. I was sure there would be snowball fights in Hell before that happened. Of course, things could be worse. I could be like poor Sherri who hasn't had a raise in 5 years. That is wrong on so many levels. Sherri, you have all my sympathies!
OK,
I am going to take this to the next step tomorrow. I am surprised that I did not get more responses. Not sure what that means in the grand scheme of things.
Sherri,
5 years is WAY TOO long to put up with a wage freeze. Your CEO, CIO, CTO, and COO etc. are not suffering like you are.
My breaking point on this one is 2 years. If you have not at least received a cost of living increase (Which is rapidly increasing due to FED rate hikes and energy costs) each year, IT IS TIME To GET OUT!
Yes, whatever promise this company may have, or sentimental value, you MUST do yourself a favor.
GO find a job with your skillset that is paying an increase that is on average a minimum of 4% a year.
YOU should not put up with less.
Sherri, feel free to email me privately if you need to.
Best,
Eric Boehme
The Blogging Boss
Ananake,
This is rich:
"What other managers considered excellent performance was only good performance from his point of view. Of course, the rationale behind that viewpoint is that when he gave us all "good" appraisals on our reviews, he was also saving the company money since the percentage increase we recieved was tied to the level of performance on those reviews. The lower the appraisal, the less money you got. (One year, I only received a 25 cent increase. I told him that I thought that was insulting. He didn't see a problem with it.) After I complained about my replacement making that much more than I was (something I found out by accident), he shocked me by making an adjustment in my pay. I was sure there would be snowball fights in Hell before that happened. Of course, things could be worse. I could be like poor Sherri who hasn't had a raise in 5 years. That is wrong on so many levels. Sherri, you have all my sympathies!"
Your post will be part of my next post. You did the next step. You exposed the boss's vulnerablility.
I will break this up into the steps you took tomorrow. What a great example! You did exactly what you needed to do.
I agree, Sherri need to spread her wings and fly.............
Eric Boehme
The Blogging Boss
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