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Salary Review
Posted on 29.08.2005 14:31
Salary Review
I have been working on GC for last 2 years. At the time of interview when discussing about salary, in good faith asked them to pay according to their company norms and as per GC regulations.They offered 40 K (including non obligatory bonus) which was ok at the beginning. After 4 performance reviews,which was excellent all the time, the salary revision was only 3 %. The work load has also increased much.Now I want to ask for salary hike. Is their any official document showing minimum salary for GC or what is the minimum
salary an GC can work.Any ideas to handle this situation are welcome.
Thanks
blueshari
Member since 24.02.2004
Posted on 29.08.2005 16:13
Re: Salary Review
Whats ur Experience, whats the turnover of ur firm ?
GCK2005
Member since 25.08.2005
Posted on 29.08.2005 16:19
Re: Salary Review
Total of 5 years (including these 2 years). My firm is an MNC with very huge turnover.
blueshari
Member since 24.02.2004
Posted on 29.08.2005 16:21
Re: Salary Review
Just Go ahead and ask your manager for GREAT Hike !!!
Please donot be complacent here as you did inthe beginging bz asking for ´company stds´
Ask ..u shall receve !!
GCK2005
Member since 25.08.2005
Posted on 29.08.2005 16:46
Re: Salary Review
Thanks GCK, but the issue is how to convince. According to HR the last hike I got (3%) is highest it seems.I was planning to show document which says 50K per year should be paid for GC holder,and some how I missed it for 2 years.
blueshari
Member since 24.02.2004
Posted on 29.08.2005 16:56
Re: Salary Review
yeah ! There are documents stating minimum requirements on salary etc..I am sorry I cannot recall that now..DvD, if he sees this will help !!
Just tell your boss how expensive daily life si ..ima sure he too is feeling the brunt as for higher than 50 !!
Just stick to ur guns !!
GCK2005
Member since 25.08.2005
Posted on 29.08.2005 17:09
Re: Salary Review
@blueshari
I wonder how you even got 3% hike. Why should they pay you more, when they can make you slog-your-butt-off for cheap? You seem to be surviving(well...you aint dead yet) with your present salary and you certainly dont plan leaving the company in near future, infect you are so damn comfortable with your job that you have stopped checking job market. Actually, they have done you a favour by hiring, otherwise you would die out of boredom and cold. Considering, that they provide you with a warm place to hang out for 8 hours, you should actually be paying them money instead of asking for a raise 
No offence, but thats how the management would like to think of your case
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Akshay
Member since 21.03.2005
Posted on 29.08.2005 17:20
Re: Salary Review
uhhh.... strange thinking. may be they think so.I was wondering if I stick on my demand will they be offended or think practically and act sensibly.
blueshari
Member since 24.02.2004
Posted on 29.08.2005 17:25
Re: Salary Review
50 is old law, and even in old law it was obligatory only if you do not have degree.
with degree maybe ~39 was min
however that was old law. now the salary should only be apropriate and even 30 or 35 is apropriate.
DvD
Member since 30.11.2004
Posted on 29.08.2005 17:31
Re: Salary Review
"if I stick on my demand will they be offended or think practically and act sensibly."
lol...if I were your boss I would rather opt for economical reaction (i.e. being offended/insulted/humiliated/angry and not pay you a single penny more) than non-profitable reaction (i.e. being practical/sensible/nice/human....etc. and raise your salary so that other employees will also wake up and join the queue)
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Akshay
Member since 21.03.2005
Posted on 29.08.2005 17:37
Re: Salary Review
Sorry Guys comming back to the same question. Problem is in a team of 8 member all are earning more than 50K except me because the day I joined was not known that they do the hike only by 4% at a maximum.
Other thing to be noted here Iam the senior in the team and work for many areas where none of the team members work. I share the same responsibilites like them. Iam a permanent employee in this company but not happy with this salary. I am with a child and wife.
They know Iam earning the least but say simply it's not company policy to increase at a time by 5000 Euros. Iam a graduate (non IT) with 8 years IT experience which includes 5yrs relevant area experience.
I have a review tomorrow and would like to show them a solid proof so that they increase my salary at least 5000 euros.
If any one knows how to request or demand in this situation pls help me.
blueshari
Member since 24.02.2004
