|
|
31-03-2014, 07:03 PM
|
Senior Member
|
|
Join Date: Oct 2013
Posts: 50
|
|
jumped ship late last october for 18% increment from previous...
salary adjustment @ 5% on march...
take that if you will....obviously am peanuts compared to all the 'elites' here....but at least it's honest information..
|
31-03-2014, 08:09 PM
|
Senior Member
|
|
Join Date: Nov 2013
Posts: 64
|
|
Quote:
Originally Posted by lordlad
jumped ship late last october for 18% increment from previous...
salary adjustment @ 5% on march...
take that if you will....obviously am peanuts compared to all the 'elites' here....but at least it's honest information..
|
honesty is good enough.
usually jumping ship and getting 10-20% increment is the average. I really wouldn't recommend jumping for anything lesser unless there are other strong push factors.
|
01-04-2014, 09:28 PM
|
|
Just went to an interview with a medical laser clinic and offered a job that pays up to 26k a month which is more than double the 12 k I am getting now but longer working hrs. I am a GP locum now my rate about 86 per hr and the new job 100 per hr but good commisions of up to 300 bucks extra a day...sooo happy...
|
08-04-2014, 09:51 PM
|
|
I'm currently on an annual average of 16 months salary (including VB + AWS). My new job offer (a contract position) does not pay any VB, so I asked for a 25% annual package increment.
The recruiter computed the new monthly salary using the formula (16 months + 25% increment) / 12, and told me this will result in a 50% monthly salary increment, which is way off the market rate. He advised me to accept a lower amount.
Is he trying to ******** me? Or my expected package is really off the mark?
|
09-04-2014, 09:33 AM
|
Super Member
|
|
Join Date: Feb 2013
Posts: 109
|
|
Quote:
Originally Posted by Unregistered
I'm currently on an annual average of 16 months salary (including VB + AWS). My new job offer (a contract position) does not pay any VB, so I asked for a 25% annual package increment.
The recruiter computed the new monthly salary using the formula (16 months + 25% increment) / 12, and told me this will result in a 50% monthly salary increment, which is way off the market rate. He advised me to accept a lower amount.
Is he trying to ******** me? Or my expected package is really off the mark?
|
"Way off the market rate" or not, we have no way to help you figure out unless you can at least reveal what industry, role/function, responsibilities, and your current monthly salary you are talking about.
|
15-07-2014, 02:23 PM
|
|
Is it the norm for annual increment to be based on a system of percentages with the same percentages applied across all salary bands? In my organisation, those in the same performance grade (e.g. C) are given the same percentage increase (e.g. 3%) regardless of how high or how low their salary is. This does not seem like a good system as it disadvantages those who are more junior or earning less. For example, a C performer getting $5k will get an increment of $150 but a C performer getting $10k will get much more in absolute amount, i.e. $300 increment. Any HR practitioners or those familiar with HR practices care to comment?
|
22-07-2014, 11:19 AM
|
|
Quote:
Originally Posted by Unregistered
Is it the norm for annual increment to be based on a system of percentages with the same percentages applied across all salary bands? In my organisation, those in the same performance grade (e.g. C) are given the same percentage increase (e.g. 3%) regardless of how high or how low their salary is. This does not seem like a good system as it disadvantages those who are more junior or earning less. For example, a C performer getting $5k will get an increment of $150 but a C performer getting $10k will get much more in absolute amount, i.e. $300 increment. Any HR practitioners or those familiar with HR practices care to comment?
|
Yes, usually it is based on a system of percentage. But bear in mind that the responsibilities of a manager getting 10k is much more than a clerk getting 5k. So a manager will have to perform more than a clerk in order to get the same performance grade.
|
25-07-2014, 06:23 PM
|
|
Miserable, HR said it is 1.99% increment. But less 5 cents. It should be 1.989%....
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|