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You are doing it wrong. If you want to have pay raise, the threat of leaving must be clear and present. You have to look for another job and bring over whatever
by homeland221 4y ago
You are doing it wrong. If you want to have pay raise, the threat of leaving must be clear and present. You have to look for another job and bring over whatever secrets and IP the other site coveted as much as what you legally allow to do so. It is this very clear threat to your immediate boss that you will get you that pay raise immediately (when you resign they will have "generous" counter offer even though they deny your increment earlier). If he or she will look bad or lose their job when you're gone, you will get the pay as you deem so to save their ass not because you pity enough to really deserve it. However, it makes more sense to just jump to another company rather than going for pay increment. Statistically I reckon staying for pay increment is around 2% annually with internal cap of no more than 10% allowed for any raise under whatever exceptional reasons. It is arbitraily number that has no reality base just HR follow because it is so. Meanwhile for headhunting budget we tend to allow 30% to even 100% for the same job in the corporate (there is a range given in Mercer HR saas as guideline). So a jump to another company means easily 30% pay increase than under best increment scenario of 10%. Look at all high paying CEOs. You will find very few and rare they raise to the top in the same company. Vast majority has perfected the art of ditching company for the next. I am in HR field for over 3+ decades in multiple fields from finance to engineering to logistics. As retired HR, my advise to you is be ruthlessly disloyal. It pays. Only fools (we do use this words to describe that kind of loyal employee) stay loyal to the same company. In any company HR is not a big department. We do have internal worldwide vine to discuss this kind of employment and ben&comp things. How we work strategically setting global policies usually not that much differ from country to country or company to company (we tend to mimic each others informally). How the policies are actually implemented will differ because of localities factors. Don't feel hurt. It is just business. You are just another production cost that bosses at the top like to keep it cheap.