Thread regarding Wells Fargo & Co. layoffs

Can internal hires negotiate pay increase?

Hearing conflicting things. So if I make a lateral move (same pay grade) could I move in the range and get a raise. I only get the standard 2% raise per year and am below the midpoint by now. I just want to negotiate to be at mid is this impossible???


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| 2063 views | | 12 replies (last August 17) | Reply
Post ID: @OP+1k2k4w1me

12 replies (most recent on top)

@mn+1k2k4w1me

It makes perfect sense if the real objective is to motivate employees to go elsewhere.

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Post ID: @s4+1k2k4w1me

They widened the range so wide so they don’t have to compensate you at market.

Very shady business practice.

Very reasonable why turned down another position within this place.

Better to jump ship when you have a job than none.

Good luck everyone.

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Post ID: @ne+1k2k4w1me

Things seem tight now. I was interviewing for a pay grade higher and was told by the recruiter that although the range was higher, if where I was currently fell within the mid range of the new role, my salary would remain unchanged. I asked why would I take on more responsibility for the same pay? It made no sense

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Post ID: @mn+1k2k4w1me

be it 25k a year or 500k a year. everyone's got a bit and everyone always wants more.

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Post ID: @ha+1k2k4w1me

@d1 yeah, probably shouldn’t bi--h about making over 250K

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Post ID: @h6+1k2k4w1me

28/hr? I'm sorry. Guess I won't complain about my $130/hr

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Post ID: @d1+1k2k4w1me

I just got a new roll and was making low 23/hr. Told them my minimum for the new role was 28, got 28 but had to go past the hiring managers manager.

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Post ID: @cc+1k2k4w1me

@a1+1k2k4w1me

This is correct and recruiters have called people before they start interviewing to tell them this.

It is really messed up because there are all these "exceptions" to this rule (and it is not just for unique roles like mainframe developers- people are getting exceptions in generic roles where many can do the job). Multiple people have still been able to get raises after the new policy went into effect (it requires higher-up sign off). So in short if you are not one of the favorites, you wont get a raise, but they do have the authority to do it still for the few "favorites" in the firm.

It is better to look elsewhere.

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Post ID: @c7+1k2k4w1me

but on the same token, if you demote from a p4 to p3 or more to a different market area like CA to TX, they tend to not lower salaries. That being said though, you should always negotiate your salary any time you get a job offer. The worst they can say is no. As long as you can make a case and aren't asking for something ridiculous they won't be offending. You never know, they might say yes. Don't leave money on the table.

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Post ID: @c0+1k2k4w1me

@a1+1k2k4w1me

Correct. Everyone needs to understand something. HY wants to eliminate most of the domestic work force, and the few that remain, ideally, will all be recent hires. The old guard? That's what they want to get rid of. This is why they impose these ridiculous policies that treat internal applicants like garbage while an external can be offered way more money even though they haven't proven S. They want us gone. It guides every single thing they do.

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Post ID: @ac+1k2k4w1me

I think you can still get a bump if you change levels or take a lateral move from hourly to salary for instance. You can always try and negotiate pay. It has to be approved by upper management so it depends on circumstances and skills on that front.

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Post ID: @aa+1k2k4w1me

I’ve heard if you are doing any internal job, if your current pay fits the new role’s pay range, you don’t get any increase in salary if you get the new position regardless if it’s a higher position then your current. I.e, if you make 100k as a P3 and apply for a P4 and if the range is 95k-195k, you won’t get a pay raise.

I don’t know if you can negotiate or not, I think it’s always worth a try. But considering that I’ve read of that in the forum and others confirmed. I think it would be hard to negotiate.

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Post ID: @a1+1k2k4w1me

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