gogreen wrote: ↑Tue Apr 06, 2021 10:34 pm
DoubleComma wrote: ↑Tue Apr 06, 2021 10:29 pm
In your company are there compensation grades and are each position assigned to a grade?
If so, make sure you have a solid grasp of ranges in those grades to ensure you asking for the right thing. It might be that you don’t need to ask for a salary adjustment; you need to show how you role has grown and it is really a grade change that you need. Inevitably that will create a raise, but it will also put you at the low end of the grade range, making future raises potentially more fruitful.
Yup, it's big enterprise with bells and whistles. I even know the ranges for all the grades below me, mine and the grade above. Not sure how tough the promotion might be - any suggestions on how to frame this talk?
Without knowing what you know about you company and role, it’s hard to give specific advice.
In my case, I’m working on a grade change currently. For the past 6 months I’ve been very open with direct manager (who is a member of the executive team) that I believe my role needs to be re-graded. I was given lip service initially, but I was able to show irrefutable evidence of how my role how grown much bigger than it was initially. Historically to get the grade I want you had to be a manager of managers; however those roles have been systematically replaced by a matrix management system we have now. Today I have 12 direct reports and another 26 indirect who support my team exclusively. Historically those indirect roles would be in my org and would have first line level mangers and supervisors responsible for them who would report to me ... thus a manager of managers. Now these roles, on paper, report to a national management team at my same grade as I, but really I manage them on daily basis. Combine this with an effective doubling of financial deliverables I’m responsible for over the past 4 years believe my role needs to be upgraded.
Our FY starts 7/1; I’m told the grade will be reset then. Right now I only have faith that it will happen, if it doesn’t I’ll have to re-evaluate things.
Hopefully my story gives you some things to think about to develop your own strategy.
By the way, the idea of shopping the market doesn’t work great for me. You mention Bells and Whistles; I have the same thing and some are very hard to re-establish in a new company; if it’s even available. For a typical individual contributor testing the market is wise; but at my level the next step is likely a member of the executive team. Those aren’t jobs you apply for, those of roles that find you through your network and reputation.