#salary

Do you know that in US annualized wage increase in Aug was 5%, with inflation elevated. So if you haven't received any salary increase in last year, (or years) Oracle literally saves on you and doesn't appreciate your work.

Is it available anywhere?
Or can someone chime in with the range for VP, VP II, and SVP?

I was submitted to the promotion pilot in GT and I was wondering how raises could potentially work? Assuming I'm going from 30-35 or 35-40, is there any guidance on how much I can expect for an increase?

Mine was 11% very early in my career, so numbers were low even though the % was fairly big.

Just a friendly notification. UHG has spent over $11B in the last year on Stock buy backs. The prior period was $9.1B. Instead of giving us living wage raises, or a reasonable bonus. These a--hats see fit to spend company resources to prop up the stock price through repurchasing. This behavior only helps the investor class, and it ain't you with your 23 shares of UHN. It helps Hemsley, Rex, Witty, etc. This is done at your expense. At the expense of your benefits, wages and sanity.

AT the end of the month another buyback will be disclosed. I'm guessing one of the largest ever (buy the dip with your billions). Think of this when they fire your coworkers, your friends, and they stick you with a 1.5% raise and send an email expressing "gratitude" for your hard work and take away bonuses. They don't give two craps about you, they only exist to siphon your labor, sacrifice your sanity and profit off your sweat while they sit in their fancy estates diving all scrooge mcduck into their $60M compensation package.

I want to see the disparities.

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Heard that there will be a PSG adjustment at the end of the year to align us with the industry, anyone else hear this? Heard they are doing salary surveys.

Heard that Chevron, like many companies, are doing salary surveys for an upcoming company wide adjustment to compete with the industry. Anyone else heard anything?

Share your level up experiences here.
Position
Years with Verizon
Raise

Salaries should be reduced by 80%, until Intel becomes profitable. Managers must take one for the team.

What I still do not get, if these layoffs were truly about efficiency, and not about maximizing profits as I repeatedly heard, is why so many people were forced to take demotions, lower role salary grades, and even lower salaries just to stay with The Firm. If we VSPd and ISPd this many people solely for efficiency purposes and not for profit maximization and the salaries of GPs, certainly the people that survived would have an increase in their salaries as a reward beyond being thankful they kept their employment. No one has ever been worth a $20M salary, and certainly not now during these financially difficult times.

Did you know the development program “analysts” start out of the program around 120k compensation in their first full time role?

Do you think this is fair given their tenure and experience?

I make what I thought was an ok salary for a 602 in HCL area, until inflation hit my pocket book really hard this year. I’m below the low end of the range advertised on similar jobs in the job portal. Commute ki-ls, but I love my work. I’m finding it really hard to afford much now. How is everyone coping. I know it’s not a JPM-specific question, but I’m wondering if they will ever adjust salaries to align with at least the lowest band. I feel ashamed to say sometimes I eat just once a day.

Reddit users u/ChEtossaway and u/Pakalee reminding all you losers why the top one third will always work their hardest to keep the bottom two thirds down.

From one of u/ChEtossaway comments on salary progression: “I’m at a cumulative average growth rate (CAGR) of ~7.5% for my salary.”
• $91K - cl 23
• $98K
• $103K - cl 24
• $108K
• $111K
• $121K - cl 25
• $127K
• $141K
• $162K
• $181.5 K- cl 26 - I think this is where I started getting rsu
• $181.5K – covid
• $192.2K
• $225.2K - cl 27
• $235.8K
• $250.7K

From u/Pakalee: “ExxonMobil Project manager 7 years experience (overall industry)
Salary - 186K Current assignment housing allowance - 29k Investment rental property - 32k Total ——— $244K
RSU balance - 41K.”

These high-flyers must make all of you working your PIPs and not getting raises over the last couple years blood boil, huh?

At one point in time, Dell actually WAS a good place to work. They offered hybrid work, had amazing benefits and PTO, flexibility, and paid competitively. THey also offered RSU's to most people (IC's) and not just those who were already making 200-1m/year (Directors and above...)

Now? RSU's aren't offered to anybody below I believe a SR. Director. Dells benefits and PTO, and flexibility is offered at literally any half decent company these days. So the benefits and 5 weeks PTO is not anything special anymore. Most companies caught up to Dell's benefits or far surpassed it.

As for pay... I make 110k/year with a 5k bonus so chalk it up to 115k/year. Not horrible but not great. I found a job over at AMD that is quite literally my EXACT job right now - same knowledge/skill requirements, same duties, etc... It is MY job right now - but, the starting pay is 120k and goes to 170k. It's hybrid, offers the SAME benefits Dell offeres me now, and the office is 10 mins from my house (instead of 55 minutes.)

Yes, I applied and yes I do have an interview setup. As much as I love my job, team, cowworkers, manager/management of my org, along with everyone I work with; I'd very easily start at AMD with a 140k salary.

And it's not just AMD but, in my field of work MOST companies are paying at minimum 10-20k MORE than what I'm at right now after 6 years at Dell.

Oh, and lets not forget about the lack of promotions for the last 5 years. It's the same story year after year... - I didn't get any REQ's - as my manager (and I think most dell managers) don't promote via merit increases as it's unfair to the rest of the team. I've been on the edge of promotion for 3 years now and,

this January I was asked to fill out an application for a 30k promotion. Filled it out and everything. A week later, I was told the REQ was pulled and it isn't happening. WTF??!!!! My manager is super super cool and has tried to get myself and another person promoted year after year and it's always something.

I would have left already if it weren't for my solid raises tbh. First year I got a 9%, second year, a 5%, 3rd year it was 3.5 I think, 4th year was a massive 12% raise. This year, a measly 4% raise.

So not bad overall but I'm still an i6 lol. idk what the pay band/ranges are for grade levels but maybe I'm in the i7 range already, idfk.

Before anyone cries racism, no that's not it. Some very talented people from overseas in this company.

The problem is that Fiserv are abusing the H1-B system to supress wages across the board and build itself an extremely compliant workforce. Their visa is dependent on them keeping their job. Fiserv knows they can underpay and take advantage of people who won't (can't) speak up about it. It's bad for both Americans and H1-B holders.

I know this widespread in tech, but I've been to a few of these companies and I've never seen a company abuse the system as much as Fiserv do.

https://www.financialexpress.com/business/investing-abroad-h-1b-visa-wage-based-selection-process-gets-a-green-signal-rollout-to-happen-in-august-3951253/

Beginning in March our contracting firms will begin losing their employees as H1b renewals fail, or Nike is forced to eat +25% salary increases.

Executives will naively think they can continue using the same person by sending the role overseas too, but our offshored teams have been underperforming (despite the rosy metrics they share to leadership). Only underdone by teams slapped together without care for colliding working hours and bedtimes.

Tighten your seatbelts. 2027 will be dumpster fire after dumpster fire.

Why do Clover Engineers in Sunnyvale get $350k a year?

The hourly guys on the floor are barely getting wages above that at McDonalds. Whats with that.

Applied to an IT job and the pay scale was disclosed prior to an in person that was less than the job posting. About 45% under market for this role. Is that normal here?

The bank is now actively reclassifying lower roles to higher roles without any financial compensation. They are compressing wages down for the same or more work. Be mindful of your job role, your compensation range will go down.

This evil corporation expects us to work harder for no actual gain to ourselves?

I’ve had the impression that vanguard pays poorly. Is that still the case?

I work at U.S. Bank right now and got offered a new internal position. questions are:

• How successful have fellow internal folks been at negotiating salary? Any tips on how to maximize salary without going overboard?
• Has anyone been able to negotiate their vacation package (e.g., 2 weeks to 3 weeks) or any other benefits?
• any other areas that other internal folks have been successful at negotiating?

For context, I was offered around $65K which I feel is low and $80-85K is more in line with industry and based on my skills. Thanks for any advice you might all have.

I am interviewing for the above job. The salary range recruiter gave me was $48,000 - $70,000

anyone have insight on this job?

I can’t find any data online about the job. And the pay seems low. Almost like they rebranded a job title and slapped a low comp band to see who will bite.

Here is the posting
https://www.careers.fiserv.com/job/marietta/client-service-advisor/1758/83853237120

Will Elevance ever go above the given salary range in a pre screen interview call?