Steff Posted April 12, 2005 Share Posted April 12, 2005 Anyone gotten one lately...? I'm wondering what the average increase % is these days.. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted April 12, 2005 Share Posted April 12, 2005 Our company has given us accross the board increases ever since I have been here. Reviews, attendence, work ethic; none of that matters here. And now no one cares or works particularly hard because of that. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(southsider2k5 @ Apr 12, 2005 -> 11:48 AM) Our company has given us accross the board increases ever since I have been here. Reviews, attendence, work ethic; none of that matters here. And now no one cares or works particularly hard because of that. Really...? That's weird. I have to have my people's increases in today and I'm wondering what the rest of the world is getting. Quote Link to comment Share on other sites More sharing options...
YASNY Posted April 12, 2005 Share Posted April 12, 2005 QUOTE(southsider2k5 @ Apr 12, 2005 -> 11:48 AM) Our company has given us accross the board increases ever since I have been here. Reviews, attendence, work ethic; none of that matters here. And now no one cares or works particularly hard because of that. That's so typical in today's business world. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted April 12, 2005 Share Posted April 12, 2005 That's typical of the company I work for though... They are really backwards when it comes to productivity. FWIW we have gotten 3% for the last 3 years. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(YASNY @ Apr 12, 2005 -> 11:52 AM) That's so typical in today's business world. Really...??? I use a point system to measure employee performance and base their increase % on that. Quote Link to comment Share on other sites More sharing options...
YASNY Posted April 12, 2005 Share Posted April 12, 2005 QUOTE(Steff @ Apr 12, 2005 -> 11:53 AM) Really...??? I use a point system to measure employee performance and base their increase % on that. In my opinion, Steff, you are doing things the right way. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(southsider2k5 @ Apr 12, 2005 -> 11:52 AM) That's typical of the company I work for though... They are really backwards when it comes to productivity. FWIW we have gotten 3% for the last 3 years. I have a pool and can distribute up to 6%. Anything I save the company loves of course.. :rolly I don't have any empolyees that I feel deserve the full 6%.. but several are right at 5%. Sounds like that might be too much.. Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted April 12, 2005 Share Posted April 12, 2005 Last raise I got earlier this year was 3% and thats what its been the whole 6 years Ive been here as well. Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted April 12, 2005 Share Posted April 12, 2005 (edited) s*** if you're giving out 5% raises your employees will be loving you me thinks. Plus are you hiring?? hehe Edited April 12, 2005 by EvilJester99 Quote Link to comment Share on other sites More sharing options...
tonyho7476 Posted April 12, 2005 Share Posted April 12, 2005 My company had a rough year last year...so this year everyone got like 3%, including me. Last year I got 6%. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(YASNY @ Apr 12, 2005 -> 11:54 AM) In my opinion, Steff, you are doing things the right way. It's a lot of effing work... but it's fair. I have some slackers and I don't think it's fair to just give them a raise if they aren't pulling their weight. When I meet with them they are aware of the pool amount and I give them a detailed explination of why I subtracted points and we discuss it. That way when they get their % they are not surprised. Quote Link to comment Share on other sites More sharing options...
YASNY Posted April 12, 2005 Share Posted April 12, 2005 (edited) QUOTE(Steff @ Apr 12, 2005 -> 11:56 AM) It's a lot of effing work... but it's fair. I have some slackers and I don't think it's fair to just give them a raise if they aren't pulling their weight. When I meet with them they are aware of the pool amount and I give them a detailed explination of why I subtracted points and we discuss it. That way when they get their % they are not surprised. Sounds to me like you could have a simple formula. Rate them on a scale of 1 to 5, and let that be their percentage. Edited April 12, 2005 by YASNY Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(EvilJester99 @ Apr 12, 2005 -> 11:56 AM) s*** if you're giving out 5% raises your employees will be loving you me thinks. Plus are you hiring?? hehe You don't want to work here.. the staff accountants I oversee aren't paid scale. It's sick. Most of them have been here 10+ years and their salary reflects those wages. I'm the highest paid in the financial department that's not an executive and I've only been here 5 years. Not that I'm complaining, but that's messed up for those at the same grade level who have been here lots longer than I. Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted April 12, 2005 Share Posted April 12, 2005 QUOTE(Steff @ Apr 12, 2005 -> 11:00 AM) You don't want to work here.. the staff accountants I oversee aren't paid scale. It's sick. Most of them have been here 10+ years and their salary reflects those wages. I'm the highest paid in the financial department that's not an executive and I've only been here 5 years. Not that I'm complaining, but that's messed up for those at the same grade level who have been here lots longer than I. Yeah that is pretty s***ty that someone who has been there for 10 years is making the same or maybe even less than someone who has been there less time. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(YASNY @ Apr 12, 2005 -> 11:58 AM) Sounds to me like you could have a simple formula. Rate them on a scale of 1 to 5, and let that be their percentage. That's how I do it.. but then I have to take my % formulation and stick it into the scale that the executives want it in. It's so confusing. They don't use a straight %. Some empolyees get weird %'s like a 3.4.. or a 5.2.. it's strange. Quote Link to comment Share on other sites More sharing options...
YASNY Posted April 12, 2005 Share Posted April 12, 2005 QUOTE(EvilJester99 @ Apr 12, 2005 -> 12:02 PM) Yeah that is pretty s***ty that someone who has been there for 10 years is making the same or maybe even less than someone who has been there less time. That is totally wrong. It's all about $$$$. If you are making the company $$$, then they should pay you more $$$. Not becasue you've been there longer. Quote Link to comment Share on other sites More sharing options...
YASNY Posted April 12, 2005 Share Posted April 12, 2005 QUOTE(Steff @ Apr 12, 2005 -> 12:04 PM) That's how I do it.. but then I have to take my % formulation and stick it into the scale that the executives want it in. It's so confusing. They don't use a straight %. Some empolyees get weird %'s like a 3.4.. or a 5.2.. it's strange. Ok .. rate them on a scale of 1 to 10 and divide by 2 for their % Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted April 12, 2005 Share Posted April 12, 2005 Yeah but it doesn't always work that way about making them money. I guess it may be different than any job I worked at because normally you are looked at as just doing your job and you get no extra benefit from it..... Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(EvilJester99 @ Apr 12, 2005 -> 12:02 PM) Yeah that is pretty s***ty that someone who has been there for 10 years is making the same or maybe even less than someone who has been there less time. Their explination is that I have a degree.. the thing is.. several people under me don't have one.. but know a lot more than me and are more valuable to the company because they know more stuff. I have never been a fan of a piece of paper = more $$. IMO experience should be a larger factor in pay rating. Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted April 12, 2005 Share Posted April 12, 2005 Well most empty suits think because you carry a degree you will know more than anyone and that in itself is BS. I would rather have someone who has experience and actually knows their job than someone with a degree and may not know the job as well. I see that all the time here at my job...the more degrees you carry the more they love you but its seems most times the more degrees they have the less they know about the job here... Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(YASNY @ Apr 12, 2005 -> 12:05 PM) That is totally wrong. It's all about $$$$. If you are making the company $$$, then they should pay you more $$$. Not becasue you've been there longer. Positions like staff accountants don't make the company $$ though. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(EvilJester99 @ Apr 12, 2005 -> 12:09 PM) Well most empty suits think because you carry a degree you will know more than anyone and that in itself is BS. I would rather have someone who has experience and actually knows their job than someone with a degree and may not know the job as well. I see that all the time here at my job...the more degrees you carry the more they love you but its seems most times the more degrees they have the less they know about the job here... Definitely. I had to interview a girl a few weeks ago.. ink still wet on the degree... she didn't know one thing about People Soft - which we use a lot... interviewed another woman in her mid 40's who had no degree but could literally write PS queries... they wanted me to hire the one with the degree.. :banghead Quote Link to comment Share on other sites More sharing options...
kapkomet Posted April 12, 2005 Share Posted April 12, 2005 Fact is, you have an education that tells people that you set goals and work for them. That's all a college degree is. Fair, or unfair, it's about showing that you have goals and you see them through. I have a master's degree and a CPA, and it don't mean s*** to me. But it sure does open up doors that I would not have otherwise. It blows my mind that the letters CPA behind my name gets me to where I am, but there certainly are a lot of people that have way more knowledge then I do. Merit - my f'ed up company that I just left was at 2%. :fyou old company. Actually it's funny, I was just looking at all that at my present company and they are anywhere between 2.9 and 4.3%, depending on department. You should tie their scores to their percentage. If they do average work, they get the company 3%. If they are above, they get above, according to the rating system. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 12, 2005 Author Share Posted April 12, 2005 QUOTE(kapkomet @ Apr 12, 2005 -> 12:13 PM) You should tie their scores to their percentage. If they do average work, they get the company 3%. If they are above, they get above, according to the rating system. That's how it works out in the end. I just have to detail how I got there which is a pain in the ass. They don't even really look at it.. unless I give out, what they think is, too much.. then they are in my office wanting me to explain.. Quote Link to comment Share on other sites More sharing options...
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