No salary increment ? ?
I joined my current company in Apr 2011 as a sales support and at the end of the year during assessment, I was not given any salary increment at all! Though the company made some profit, rather than loss.
Is this normal not to have any increment at all without any specific reason, there isnt any economic recession last year too.. and my boss said well, you will have increments from next year onwards at a rate of 2% to accomodate the inflation rate.... THAT's ALL! So no matter how long I work and how hard in this company, my pay will only increase peanuts of 2% each year... Is this justifiable? Do you get motivated in a company that has no increments? |
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anyway, is this local company? ask your boss fly kite. |
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if you basic is $1500, 2% is $30 if you basic is $2000, 2% is $40 if you basic is $2500, 2% is $50 if you basic is $3000, 2% is $60 how long are you going to work to get 5k basic salary?!?! Retirement? better quit and find other job, the norm annual increment is 3-5% |
If it's a good learning ground to launch your career, still can consider staying.
Money is not everything. If not, then look for another job quickly. |
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Since your boss has no intention to retain you on long run, there is no need to offer you any career advancement. If the industry is of SME nature and has low startup capital, I would learn everything as much and as fast as i can about the company operations - knows its process, suppliers, customers, competitors. Take this knowledge and start your own business. I have seen many such cases of success in import/export company, small scale manufacturing, f&b, etc If your industry is dominated by big mnc, then I would go for further studies and apply to work in the top company, and start your climb in the corporate ladder. |
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