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Junior Member
 
Group: Forum Members
Last Login: 13/04/2007 10:27:40
Posts: 19,
Visits: 5
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| Why is it easier to get a pay rise by moving jobs than staying loyal to your company? isn't that just a bit mad? I don't want to leave, but how do I get my market rate for my job without going?
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Forum Member
Group: Forum Members
Last Login: 06/07/2007 16:00:55
Posts: 26,
Visits: 13
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| As a marketing director, i have had to deal with this and suffered from it in my career! If you get promoted through the ranks, people frequently try and give you the minimum they think they can get away with, hoping that the promotion will keep you happy enough not to argue too hard. They key is to not get left behind, and use every promotion as a chance to bench mark your pay. Once you are thousands of pounds behind, its extremely hard for your boss to allow someone a 20% pay rise. At that point, you have to build a plan over a period of probably 12- 18 months with regular goals and reviews to get your pay up.
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Forum Member
Group: Forum Members
Last Login: 31/10/2007 16:19:43
Posts: 26,
Visits: 13
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| Spot on. A good rule of thumb is that any rise less than 10% is easy to sign off, more is a bloody nightmare. So do your pay rises small and often, rather than waiting three years before blowing up.
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Junior Member
Group: Forum Members
Last Login: 04/12/2007 15:11:24
Posts: 12,
Visits: 29
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| My pay rises have generally been around 8% a time, which is easier to get signed off.
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