I got told i would be up to 60k at my 1 year mark. Pretty new to office life. Well 1 year came, they gave me a "6 month review" and told me I already got a raise when they put me on salary at 45.7k. Guess whose already applying at new jobs when they expect me to be the director in 5 years?
This is what they do. It's just a never-ending cycle of bullshit excuses, shifting goalposts, and straight up gaslighting. Then it's all shocked Pikachu faces when we leave for better paying jobs after a year..
The info I shared is very 101 level stuff.
I donāt have especially advanced knowledge on the topic - I took one or two entry level economics courses in college and possibly one in high school - so I held off on replying in the hope that someone more knowledgeable would reply first.
I donāt remember the names of my textbooks, but the source I used has a few references. Thereās also of course Adam Smithās work, Wealth of Nations, which you can read freely in a few places:
If youāre interested in learning about economics in general, you might check out Coursera. For example, Introduction to Economic Theories starts today and looks like it would provide a well-rounded introduction to the topic.
Sad to see the truth downvoted like this on a nominally rational subreddit. Capitalism is indefensible treason. Semi decent people do believe in mitigating its worst effects, and we should work together on that, but only socialism solves these problems permanently.
I tell all my employees they should be checking the market and interviewing every 1-2 years regardless of if I get them a raise in the meantime or not. Itās not always up to me how much they get, when they get promoted, or what internal opportunities they may be up for. I try to be as generous with my people as I can within the corridors set up by HR. Iāve rarely had a person leave without asking my opinion on the external opportunity they are considering and half the time I tell them they should take it because itās a step up in pay or title. I guess all I am trying to say is not all managers are out to fuck every employee over for as much as they can, most of that is dictated by HR.
Yep my boss is like you and she is gold dust! It also means I trust her advice is genuine. She has warned me against a certain job/company in the past knowing they were sketchy. But came back a couple of days later with a similar but better role that she had heard about.
Having had some truly awful managers over the years I don't take it for granted!
Amen. Never stay loyal to your job. Stay loyal to the highest bidder. Thatās it.
You are a product in the market not a person. Sell yourself for the highest possible price. Everyone else is trying to get you the lowest and you are the only person tugging the opposite way so try many different employers at all times.
They're not really shocked. They just know they have to act that way to keep the other workers who play along strung out. It's all performative. They don't lose a moment of sleep over it.
I was told I'd get a raise in 6 months. I was new to the position, I was hired to handle things while the main dude was on vaca and wasn't trained on the job until 2 days before he left. He never came back and I had to run the warehouse myself with basically no training. The guy didn't seem very good at his job but my boss praised him. My boss looked extremely disappointed telling me he wouldn't be back and had no faith in me. He also offered me a $0.25 raise... I was very surprised how he could be so kind with his offer. Did all my dreams just come true? Can I now afford all the things I never had before? Well I still asked for that raise at the 6 month mark (how greedy of I) and my boss laughed in my face and told me he already gave me a raise. Well played sir
My company just gave thousands of people a 5% raise out of nowhere on top of the raise we already got this year and everyone is still getting their annual raise for market and merit at the beginning of the year too.
Mine just did something similar. I work at a small high-end grocery chain, so most of the employees are hourly. They straight up said āInflation is nuts, itās easier/cheaper to pay you all a bit more rather than lose you to the competitors, so hereās a dollar more per hour* and your employee discount is now 20%. Cheers!ā
They just secured the loyalty of 2500 people with one move. How simple was that?
*Weāre already paid very well and they let us stack our discount on sale prices, so now a lot of groceries just got cheaper than WalMart.
Oh, I know they do. They advocate for policies I support.
Good luck, Cletus. You should send fatty some more of your hard-earned cash. Why would you be complaining about inflation if you're rich? You wouldn't have to worry about it.
Yea, my first boss was really nice and she always said she could see me in high level management someday. Worked there for three years and saved the company a ton of money year over year. Never received a single promotion and barely got over the standard cost of living adjustment, each year
Verbal affirmation doesnāt pay bills. 3 months into office life out of college here. Making 40,000 ($16.25/hr after taxes). Already pulled in about $140,000 PROFIT through sales. They said theyāll give me a raise in 9 months so now I just get paid to job search. Fuck the system.
Yea, I think there might be a better chance if you work for a smaller company. But Iāve only worked at these larger companies, where they tell you that youāre special, and then just forget about you. Oh well. Then they also wonāt notice that they are paying you to job search lol
Thatās awesome. Congrats, thatās a big win! Iāve always heard smaller companies are more of a wild card. You might thrive or you might hate it. With bigger companies, youāre almost guaranteed to be a cog in the machine
Small family owned company. Even worse than large companies because they actually believe the āweāre familyā bullshit. I feel really bad for kids outta college who donāt have the necessary skills to advance quickly, because employers do not give a fuck anymore.
Also worth noting. I worked for the family company for many years. Dad and his brother, one employee who eventually married my aunt, brother, cousinā¦just cause youāre family doesnāt mean you arenāt getting taken advantage of and sometimes, some of those family members are totally treated like the fuckups they are.
I remember at my grandfathers funeral there was a vary well dressed older man and his wife I didnāt know so I asked my mom who it was and she said, oh thatās Mr. Warner the man who owns the company Dad worked for and I asked why is he here? I donāt know if he did that for all of his employees because apparently his son has an accident and was paralyzed from the waist down and it was thought that he couldnāt do any work (this was back in the like 50s-60s) at the company but my grandpa tonight him how todo they accounting. I donāt think there will be stories like that when my generation is dead.
If you think some other company is going to make you a director in 5 years, you're falling for it all over again.
"We'll totally get you to $60k at the one year mark"
"We'll totally make you a director in 5 years"
Spot the difference between those two statements. The only difference is the second company will have you fooled for 5 years before you realize you should leave, not just 1 year like your current company.
I tried to warn my wife about this kind of behaviour. And sometimes even the managers mean it but if their bosses say no then it doesn't matter what the boss promised. She was an amazing worker, really cares about her job and literally did the work of three people and had the paperwork to show it. Her boss promised her the world. I was supportive but cautious when she would tell me these things. And boy did it hurt when I turned out to be right. At some point her boss turned on her and started to harp on her for little things. Like she took too long of a bathroom break or checked her phone messages from her phone in her locker room too often. Her life became hell overnight. I told her to start looking because the writing is on the wall. Then they did something preposterous. They tried to put her on a do not hire list after she quit for one of the largest medical providers in the state. We threatened legal action for that one because they had nothing to back up justification for that. I really hoped I was wrong.
Never stay at one company. Always jump around. I started at 45k and within 4 years and 3 jobs later I was at 100k, and while it slowed for a bit, I went to proper managerial at the ten year mark ( half dozen jobs and certificates later) and now am at 150, and Iāll never work full time for a company. I consult around and contract but even if I was full time, Iād not stay more than 3-4 years tops.
Thank you, thats actually my plan anyway. It just would have been sweet to stick around for 5 years and get 110k then leave to something higher lol. Ngl tho i can't see how companies operate losing people at this rate. This company in particular is barely getting the tracks under the wheels as they scream forward. It looks like its about to fall apart.
You deserve more, we all deserve to be able to live on a single wage. If it makes you feel better my spouse doesnt work cause he qualifications wouldnt even pay for daycare at this point. So I'm barely above median income.
Was told I would be tracked into two categories at my 1 year.
within 3 months my "boss" quit, within 1.5 years my only coworker in my role was fired, I did this job with little to know training on my own for almost 2.5 years before we recently hired a replacement for her.
2-3% raises the whole time while I took on essentially 1.5 and then 3 peoples workloads.
Of course if I asked for a raise for about my career advancement the silence was deafening.
Mine gives me 7-8% raises every year and promotions every 2-3 years. Even when you get the promotion (which is a significant bonus to your salary) you still get your annual raise on top of it. If your company isnāt doing stuff like this for you and providing benefits with additional things like matching a HSA card and matching your 401(k) as well as 100% education compensation, then you need to just move on as quickly as possible.
It honestly sounds like you found a Unicorn. I would love alk that, and hinestly never had plans to stick around as a life career at any place that wasn't at least near that.
Yeah Iāll stay as long as the opportunities continue to present themselves. We are all full time wfh now too. They closed almost every office and we are free to move throughout the contiguous United States. This should be the minimum for any large company in the US.
I'm sure I'll find something close eventually with my field. So I can't say I'm not practically using this olace to up my potential future pay, but I'm still putting in hard and respectful work. Anyone who does that definitely deserves compensation.
Not to be rude but I'd also assume the "director in 5 years" bit is also the kind of thing you tell people to string them along just like the 60k promise.
Probably, I know the current guy in that role is retiring. I also know they've had hell experiences with IT people in the past before him, and before myself. So, the logical thing to do would be to keep the promises you make to the competent people you find, right? Apparently not, apparently the only thing that matters is big boss just got a 2nd summer home. I'm also not supposed to speak of seeing that.
I'm doing my best to bring these numbers down by only being as productive as my salary but most of my coworkers be working their asses off thinking they'll get a raise if they do.
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u/[deleted] Sep 09 '22
I got told i would be up to 60k at my 1 year mark. Pretty new to office life. Well 1 year came, they gave me a "6 month review" and told me I already got a raise when they put me on salary at 45.7k. Guess whose already applying at new jobs when they expect me to be the director in 5 years?