Earlier this year, a new position opened up in my department when a co-worker left for a better job within the company. The open position is similar to my current one, with some added responsibilities, a higher “salary grade,” and the same reporting lines. I decided to put my hat in the ring for the new job, so I applied for the job and “interviewed” with my boss over a month ago.
Even though this position is with my current department, the company requires everything to be processed through its recruiting (“talent acquisition”) service. Unfortunately, no one I’ve ever spoken to has had good experiences with the company’s recruiting service. They are slow and unorganized. A few years ago, they sent me on an interview at another location, but the hiring manager wasn’t expecting me because the recruiter didn’t communicate the scheduled interview date. With an open position in the same department, at least I can speak directly with my boss, bypassing the recruiter when necessary.
The hiring process at my company is incredibly slow, but I was still beginning to wonder by the end of last week. Whenever I asked about progress, I received the response that they’d have an answer soon. Earlier this week, I finally received my answer—I got the job.
The good thing about the jump in salary grade is my bonus range has changed from 0%-9% to 0%-25%. It’s an “exempt” position, so I won’t receive payment for overtime. Our department is not permitted to work paid overtime, anyway, so there is nothing lost.
I’ll be starting on Monday with a raise of 6.8% following my recent raise of about 4.5%, so in total, I will receive an increase of 11.6% this year. My attempts at salary negotiation following the newest job offer faced a dead end and the new salary is not very competitive with outside companies. I’m not as concerned with this inequity as I used to be thanks to being in a working environment that I like and the fact that most of my income no longer comes from my day job anyway.
Still, the news of the “promotion” was a good birthday present.
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Congratulations! And happy birthday! Wow, that’s fantastic – good luck in your new position!
Congratulations. Good for you. Happy birthday, as well!
Congratulations on the promotion and Happy Birthday. My birthday is tomorrow on the Ides of March.
Oh and FYI, I noticed when you click on Flexo, under Author’s blog section, it goes to Sasha.
Well done, old chap.
That’s great news. Congratulations!
Congratulations, buy yourself a nice birthday present!
Congratulations. I just got a promotion as well with a 6% raise and news came just in time for my birthday tomorrow.
Strange how similar our situations sound… are you my doppelgaenger? :)
Good for you!
Congratulations J.C.! Keep up the good work. I hope the job is just as enjoyable as your last, as you probably won’t even notice the salary bump, since it’s not your major source of income anyway. But a big fat 25% bonus would be pretty sweet.
You must really enjoy your employer, knowing that you could make more elsewhere, plus making much more on the side. A very envious position to be in! Congratulations, again.
Thanks for all the kind words!
Congrats… wish I could get a 10% raise or 25% bonus!
Congratulations on the new job and the raise! If you are in a nice environment and can take care of your own business at the same time, it’s not a bad place to be.
Sun: I’m not sure if this is exactly what you meant, but I don’t take care of my own business “at the same time.” My time at work is for work, my time at home is for other endeavors.
Congratulations and Happy Birthday.
A good combination.
Regards
Well done … now what % of you payrise are you going to INVEST v SPEND?
Common wisdom says you should keep paying yourself first 10% into your 401k.
Uncommon wisdom says to also pay yourself first 50% of any payrise or ‘found money’ (eg tax refund check; spare change; etc.), preferably outside of your 401k so that you can actively invest it.
AJC: Good question. I’m already maxing out my 401(k) so I can’t add anything. In fact, my second raise might require me to lower the percentage of my salary deferred to the 401(k) so I don’t go over the limit by the end of the year.