OneAdvertising9821

OneAdvertising9821 t1_iyd913r wrote

Reply to comment by CBus-Eagle in Job offer and counter-offer by peptalks93

Ours is similar, but the size of your "bucket" is in $USD and is the sumproduct of the base salary and target merit increase for each employee.

Where this gets interesting is multi-national teams. My employees in Chicago get paid a heck of a lot more than my employees in India, but it's all one bucket of funds to allocate. This creates an environment where it is much easier for low-COL employees to get large merit increases than for high-COL employees to get large merit increases.

2

OneAdvertising9821 t1_iyd6fh7 wrote

Reply to comment by CBus-Eagle in Job offer and counter-offer by peptalks93

My F500 company does that as a matter of policy. Your pay within the grade dictates your target merit percentage.

If you're on the high end of the range, your merit target might be 3%. If you're on the low end of the range, your merit target might be 4%.

2

OneAdvertising9821 t1_iycu62p wrote

Reply to comment by Penguinis in Job offer and counter-offer by peptalks93

Eh. I work for a F500 company. Why wouldn't someone leave if F500 Company B calls them up and offers +25% to do the same job somewhere else? That conversation is incredibly easy to have with your boss if you have a good relationship with your org.

Will they use this to replace you? I have never seen that happen. Technical roles in F500 companies are expensive to backfill.

10

OneAdvertising9821 t1_iybf21c wrote

Reply to comment by CBus-Eagle in Job offer and counter-offer by peptalks93

> 100% this. Accepting counter offers could easily breed contention with your current employer.

There are circumstances when it can make sense. If you're truely leaving for money only, and you have a good relationship with your org then it may make sense to entertain a counter offer.

19

OneAdvertising9821 t1_iy521a1 wrote

Reply to comment by theoriginalharbinger in A job interview ended because I refused to tell them what my current salary was and what my salary expectations were. Is this normal? by RepresentativeError8

> listing out salary is not as easy as people make it seem

It's pretty easy. My company has standard ranges for base salary, bonus target and equity. We absolutely could post those ranges. We don't because we think we have an advantageous negotiating position without sharing the range.

7