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compensation matrix, salary, pay, income
Posted by rt on September 13th, 2005


Does your company provide you with a salary matrix?, a way to
calculate what you might expect given your position, time in that
position and performance review data. I've never worked at
a large company that didn't. Now I do. It's the strangest thing.
I can't sit down and even guess what I could be making in 2 or
3 years. They endlessly encourge you to take charge of
your career, offer you training and advice. Very nice, but don't
even mention, and I mean it, don't even mention salary verses
position.

Does YOUR company supply such information? Just curious. I guess
this is pole. I wonder if I've been lucky in the past (Honeywell, IBM,
....) or if my present gig is just the odd duck out. They
are huge!

Thanks

Posted by Richard Heathfield on September 13th, 2005


rt said:

Some do, some don't. If it matters to you more than the job satisfaction you
are currently getting from your work, look for another job. If it doesn't,
don't (at least, not on those grounds).

--
Richard Heathfield
"Usenet is a strange place" - dmr 29/7/2005
http://www.cpax.org.uk
email: rjh at above domain

Posted by dominic.connor@gmail.com on September 13th, 2005


I think your experience is how things were, not how they are now.
Most firms like to keep salaries secret, which in my opinion is a
mistake, but I'm only a pimp.
The way things are now, your salary some function of what you can get
somewhere else.

We mostly get people for banks, and they like to "negotiate" salaries
individually. It is not uncommon when we talk on the phone to use
binary search when we need to ask the salary, since the manager will
not want anyone to hear.

The net result is drift then jump. Whilst in a job your pay will
typically drift down relative to the market, and then when you get an
offer to move will be up. Some companies have an implicit policy of
waiting until useful people say they're leaving before doing anything
about money.

DominiConnor, Finance Headhunter


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