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Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

forbes.com

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Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#141

Post by watwut »

meric wrote: post #70
sesteel wrote: post #61

Earlier quoted context omitted.

It isn't one or the other, there is value in both staying for a longer period of time and moving more frequently. When moving more frequently, you can be exposed to a wider variety of problems and have a more complete picture of the profession and the various pitfalls. Plus, you may have the opportunity to learn from and correct the mistakes of others. It can accelerate your growth and pay substantially if you are do…

I think it's good to have a bit of variety - one or two roles where you stayed 3, 4, 5 years, then a bunch of companies only 1-2 years each. You'd have some depth of experience as well as breadth.

I think it should also depend on what kind of projects you are working on. If you work in a middle sized to big company, you can change teams and positions easily. You are likely to change them within 3 years. If you work in a small shop, you are unlikely to change the team (since there is only one) or position (there are not that may of them). Most startups fail within first few years and I would not blamed a coder who worked in startups for changing jobs as the old company ceasy to exists or changes into pure hell.

Once you hit the job that really really suits you (say you like algorithms and this job occasionally needs some), you are less likely to move no matter how experience you are already. While you are on positions that are meh to you, you are more likely to want change soon.

Of course you don't want company stucked with only people who are new there nor only with people who never worked elsewhere. But then again, company should have idea about which position requires more stability or how many of each type is there already and factor that in into decision process.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#142

Post by richardknop »

scaryclam wrote: post #112
elnygren wrote: post #107

Best way to increase salary at current workplace? Get offers from other companies & ask for a meeting with your boss (or whoever decides your pay, so HR etc.). Bring up the offers, discuss what you'd get from there and also go through the potential career you could build at those companies. For example: Consultancy X would pay me $k/mo and every 6months it will go up the ladder if I perform well. With this kind of di…

I imagine this is good advice in some places, but as a line manager, if you pull this on me I'm more than likely to shake your hand and wish you luck in your new job. In a lot of places, having a talk with your manager about your salary before going off and actively looking for other offers is going to go down a lot better. Most line managers worth working for, value their teams and will fight for them if they are un…

you're name's likely to get further up the redundancy list than you'd probably like.

Playing the devil's advocate, here's employee response which makes sense from his/her perspective:

But I have job offer paying 30% more. I could actually get multiple offers like that from several companies. So I am not afraid of your threat of "getting further up the redundancy list".

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#143

Post by TurboHaskal »

scaryclam wrote: post #112
elnygren wrote: post #107

Best way to increase salary at current workplace? Get offers from other companies & ask for a meeting with your boss (or whoever decides your pay, so HR etc.). Bring up the offers, discuss what you'd get from there and also go through the potential career you could build at those companies. For example: Consultancy X would pay me $k/mo and every 6months it will go up the ladder if I perform well. With this kind of di…

I imagine this is good advice in some places, but as a line manager, if you pull this on me I'm more than likely to shake your hand and wish you luck in your new job. In a lot of places, having a talk with your manager about your salary before going off and actively looking for other offers is going to go down a lot better. Most line managers worth working for, value their teams and will fight for them if they are un…

  > I imagine this is good advice in some places, but as a line manager, if you
  > pull this on me I'm more than likely to shake your hand and wish you luck in
  > your new job.
Fortunately for us not all line managers have such inflated egos and don't take such requests down to a personal level.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#144

Post by joyofdata »

dustinmoris wrote: post #128
elnygren wrote: post #107

Best way to increase salary at current workplace? Get offers from other companies & ask for a meeting with your boss (or whoever decides your pay, so HR etc.). Bring up the offers, discuss what you'd get from there and also go through the potential career you could build at those companies. For example: Consultancy X would pay me $k/mo and every 6months it will go up the ladder if I perform well. With this kind of di…

Couldn't agree more. Basically your current employer should really pay you what the salary you would get somewhere else plus an additional markup for the internal knowledge which you have already acquired (you should put a value on that as well). Also don't believe any line manager or anyone else here posting that this is not a good strategy, because remember, every line manager is only an employee as well and has a…

As the line manager is employee herself, the strategy only works, if she is applying it herself, too. Otherwise her salary might not be competitive and you as her sub-employee are risking the most severe of all offenses - asking for more than what your supervisor makes.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#145

Post by thehardsphere »

pbhjpbhj wrote: post #122
elnygren wrote: post #107

Best way to increase salary at current workplace? Get offers from other companies & ask for a meeting with your boss (or whoever decides your pay, so HR etc.). Bring up the offers, discuss what you'd get from there and also go through the potential career you could build at those companies. For example: Consultancy X would pay me $k/mo and every 6months it will go up the ladder if I perform well. With this kind of di…

How does this work with equal pay legislation though - if you're male then you can't get a pay increase above a female because if that's discovered the company is in for a heap of pain??

The men and women at any given company who do the same job are probably being paid similar amounts of money without any regard to "equal pay legislation," because the gender pay gap goes away when you control for the choices that people make in developing their human capital.

So it's not relevant and nobody should be blaming women for not being able to give you a raise. If someone in management at your company tells you that, they are lying to you and you should change jobs.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#146

Post by uiri »

pbhjpbhj wrote: post #122
elnygren wrote: post #107

Best way to increase salary at current workplace? Get offers from other companies & ask for a meeting with your boss (or whoever decides your pay, so HR etc.). Bring up the offers, discuss what you'd get from there and also go through the potential career you could build at those companies. For example: Consultancy X would pay me $k/mo and every 6months it will go up the ladder if I perform well. With this kind of di…

How does this work with equal pay legislation though - if you're male then you can't get a pay increase above a female because if that's discovered the company is in for a heap of pain??

I agree that this is a problem.

Women are socialised to be less aggressive than men. They are also much less likely, statistically speaking, to negotiate their salary when starting a new job - never mind proactively seeking a raise based on their market value.

The solution - of course - is to have an employer policy of paying market rate, all the time. Satya Nadella got in hot water for talking about this problem in a gender neutral way, but the unfortunate reality is that an individual contributor can't hope to simply do good work and be recognized for it. Employees have to be proactive about ensuring that management has visibility into their work. Employers are incentivized to pay below market rate where possible and this will bite them in the ass when it comes to equal pay audits.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#147

Post by michaelt »

scaryclam wrote: post #112
elnygren wrote: post #107

Best way to increase salary at current workplace? Get offers from other companies & ask for a meeting with your boss (or whoever decides your pay, so HR etc.). Bring up the offers, discuss what you'd get from there and also go through the potential career you could build at those companies. For example: Consultancy X would pay me $k/mo and every 6months it will go up the ladder if I perform well. With this kind of di…

I imagine this is good advice in some places, but as a line manager, if you pull this on me I'm more than likely to shake your hand and wish you luck in your new job. In a lot of places, having a talk with your manager about your salary before going off and actively looking for other offers is going to go down a lot better. Most line managers worth working for, value their teams and will fight for them if they are un…

  if your company has to make cutbacks [...] you're name's
  likely to get further up the redundancy list than you'd
  probably like.
If the company's going down the pan, what does it matter if I'm made redundant in the first tranche or the last?

I'm going to need a new job anyway, just in the latter case I've put in a few extra months where there was no money to give me a raise no matter how well I performed.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#148

Post by lostboys67 »

michaelt wrote: post #147
scaryclam wrote: post #112

Earlier quoted context omitted.

I imagine this is good advice in some places, but as a line manager, if you pull this on me I'm more than likely to shake your hand and wish you luck in your new job. In a lot of places, having a talk with your manager about your salary before going off and actively looking for other offers is going to go down a lot better. Most line managers worth working for, value their teams and will fight for them if they are un…

if your company has to make cutbacks [...] you're name's likely to get further up the redundancy list than you'd probably like. If the company's going down the pan, what does it matter if I'm made redundant in the first tranche or the last? I'm going to need a new job anyway, just in the latter case I've put in a few extra months where there was no money to give me a raise no matter how well I performed.

First batch might get better terms than waiting till the company goes bust owing you pay

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#149

Post by k__ »

Sure, I mean who gives you more than a 20% raise?

When you change jobs, you can renegotiate everything. More money, more holidays, less hours, etc.

Last time I changed jobs, I worked less hours and got 20% more money, my last boss would have laughed at me if I wanted this.

Re: Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less

#150

Post by lostboys67 »

thehardsphere wrote: post #145
pbhjpbhj wrote: post #122

Earlier quoted context omitted.

How does this work with equal pay legislation though - if you're male then you can't get a pay increase above a female because if that's discovered the company is in for a heap of pain??

The men and women at any given company who do the same job are probably being paid similar amounts of money without any regard to "equal pay legislation," because the gender pay gap goes away when you control for the choices that people make in developing their human capital. So it's not relevant and nobody should be blaming women for not being able to give you a raise. If someone in management at your company tells…

Lol I don't mean to sound mean but this is not how the world works
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