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Finding out if I should be paid more...
06-12-2015, 07:04 PM
I'll preface my idea by saying for the most part I am happy with my job and my salary. My employer's turnover rate has been horrible this year, and new unexperienced and untrained employees are starting at pretty decent money. Not a whole lot less than what I make.
My idea is to submit a fake resume to my company with very similiar work experience to see what they would offer the fake person for a starting salary. The company is a decent sized company with offices all over the country. I would submit the resume to the corporate HR dept not the branch I work at. Id set up a fake Facebook, Email, and use my burner phone for the contact number and have a trusted friend answer if they call.
For those who wonder why not just sit down with my area supervisors and discuss my pay... the company quit negotating salary and wages about 5 years ago, every year we are given 1.5% raises and that is it. I can only recall 3 instances in 7 years that they have negotiated with people so that they didnt quit or to bring them back, which was very controversial.
Good idea? or not.
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Finding out if I should be paid more...
06-12-2015, 07:29 PM
A 1.5% raise is not a raise.
They are paying you less every year. Historical inflation rate in the U.S is 3% or so.
If a job doesn't offer me a CPI or above raise each year, I'm out.
In my opinion, the company you work for has no long-term prospects. A company that doesn't negotiate compensation with employees is doomed to hire the lowest schlub for the job.
What benefits are you getting that convince you to stick around?
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Finding out if I should be paid more...
06-12-2015, 07:35 PM
Stick around in the company but start fishing outside.
A 1.5% raise is still better than being unemployed.
Keep working, but put efforts into moving out.
Depending on the industry, its current outlook, your skillset, experience, the current company's prestige switching may be easy or difficult. Even if it takes time, keep at it.
Sending a fake resume to your company is a waste of your time and efforts at best and could be grounds for termination at worst if the company finds out. Besides, if they do offer the person a better salary, what are you going to do about it? Confront your bosses? Not a particularly good idea.
Don't stick around in a company if they dont negotiate salaries (unless you have some massive upside like fast track promotion, increased responsibility, prestige or whatever).
Your efforts are better redirected towards improving your future outlook.
Also, regardless of where you end up, always be looking for better opportunities, even on your first day at the office.
Good luck
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Finding out if I should be paid more...
06-13-2015, 08:25 PM
A better idea is to submit a resume at another company doing the same thing and see how much you can get out of them. Worst case, its not enough and you say no.
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Finding out if I should be paid more...
06-13-2015, 08:31 PM
Best way to get a raise is by switching companies. Companies rarely increase wages by much in-house.
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Finding out if I should be paid more...
06-13-2015, 09:24 PM
Your idea is terrible, OP.
Here's what you do:
1. Fish around for a better offer elsewhere.
2. Tell your company you'd like to discuss salary. If they refuse, tell them you'd like to stay where you are, but you'd like a competitive salary, and you know that you can get more elsewhere.
3. If they offer you more, stay. If they don't, leave.
Ultimately though, if they aren't offering more, and you still want to stay, then you're stuck with your current salary. It all depends on how easily you can be replaced, and how credible your threat of leaving is. That's why you should get a real outside offer, and not bluff. Because if they call your bluff, you'll have no choice but to stay and look like an idiot with a tarnished reputation.
Be honest, but be discrete. Once you do get the offer, don't tell your company how much it was, and try to get even more than your offer.
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06-13-2015, 10:10 PM
50% less huh? I really hope you and also hope you didn't spend any time looking for that.
Maybe in a job rich environment companies want to steal workers but in the US it means you're a retard.
Ali went to Texas to play these odds.
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06-13-2015, 10:17 PM
Well its case by case. This guy has 7 years experience with the same company. His best chance for an increase is switching it up, especially if they have locked raises down for the last 5 years. Compared to sending fake emails his time is much better spent emailing other competing companies legitimately.
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06-13-2015, 11:26 PM
Thanks for the responses.
Why stick around? It's a good question... I live in a small quiet town and can walk to work its about a 6 blocks away. I'm not really a supervisor but the next closest thing. As far as responsibility and prestige i have a lot. Career wise both my bosses are 10 years older than me and I think they will be around for a while.
I get 5 weeks paid vacation 65% of my insurance paid for. I get to do my own thing at work and hardly ever get hassled by management.
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06-14-2015, 08:17 AM
If new hires are getting paid more than you, why don't you just ask your manager for a raise citing that?
The worst he'll do is say no. No need for doing elaborate tricks. This type of thing happens all of the time.
I knew a project manager who started at 30k and had her there for two years. The company realized that she was the lowest paid and bumped her up to the median pay of 45k without her asking for it. Not every company is proactive. Do some leg work, you'll probably be surprised.
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Finding out if I should be paid more...
06-14-2015, 08:33 AM
Already said above as far as "shopping around your resume."
It's obvious that you want the security and comfort of your current job and also a higher salary. 99% of the time it's not possible.
I know you're skeptical of what's out there. However, you HAVE to get over it. Take some days off and go on a few interviews. Understand your value.
There are also other ways to understand your value that I covered in my article below in my signature.
Venture out into the world and network man!
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06-14-2015, 04:01 PM
I have two questions:
1 - Why aren't you getting promoted?
2 - Do your higher ups (Directors,Regional, VPs, SVPs, CEO) like you?
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06-14-2015, 07:41 PM
Real estate broker is self employed. Has other people he manages making him money while he makes sure it's all legit or responsible.
That has nothing to do with the OP's question.
1. He admits not being a model employee and not invited to certain functions. Also black sheep.
Now.. After 7 years this could go either way. He could be a god for another company or quit his job and get fired in one week.
We do not have enough details to help him any further than thought meatballs.
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Finding out if I should be paid more...
06-14-2015, 09:15 PM
OP, are you not incentivised for your output?