Is it possible to ask for a salary revision here at Oracle based on an offer from a different company?
How should those discussions be initiated with the manager?
What implications it might have?
18 replies (most recent on top)
That's not how it's done at Oracle. You need to get some dirt on you manager. Then hint about what you know. Then you get the raise and bonus.
Five years no raise enough said
I got one when I notified my management that I was considering another position internally that paid more. Otherwise you have to leave and stay fine for 2 years, then come back and have your salary right sized.
I did it twice before I was laid off. I got an offer from another company. I told my manager I'm leaving. He told me to wait a week before I make the final decision. 3-5 days later he came back with counter offer. This works only if you are prepared to leave.
I know one person who got an offer 30% above their Oracle salary, (about 140k), and Oracle matched it. The guy went to the other company who then offered another 30% on top, with a 30% sign on bonus. They guy left.
If you are at Oracle for raises, or bonuses, or stock, you are mistaken. Leave. You'll never get rewarded for loyalty or hard work here. New people will get hired at higher salaries. Especially in trendy groups.
Funny how oracle adds up to 4 percent a year to customers annual support for inflation but does not look at employee salaries the same way. So it’s basically taking a pay cut.
Counter offers do not generally happen until you resign so get an offer, be prepared to leave then tell them and let the chips fall where they may.
Unless you are a top top top salesperson, I can assure you almost 100% they have no power to save you with a higher offer even if they wanted to. This is the case for most all divisions support, development etc. Your initial discssion with your manager needs to be for you to hand in your 2 weeks notice.
I have this disccussion with my manager at least once if not twice a year.
The compnay would rather pay the market salary difference for someone new who knows nothing than sync up your salary. This is true for most all divisions.
Get another offer in writing first. If you still wish to remain in your current position for whatever reasons, go for it. When I resigned they came at me with better offer, I decided to leave. While there are always risks going to another job, there are risks staying, nothing in life is guaranteed. Also if you are dissatisfied with Oracle, all of your reasons for wanting to quit will remain, except you get more mulla. Remember Oracle doesn't like to give out pay raises, it doesn't matter how well you get reviewed, top of class, etc. Hard to believe how Oracle doesn't even keep pace with cost of living increases. I recommend you find another job, get a 20% increase, and if you don't use a head hunter, ask for a sign on bonus.
Makes you look disloyal to the company. Do not do this
Not recommended. It marks you as disloyal, and looking to get out.
@xni nails it below - 1000%
My experience is that management resent people who use outside offers to get a raise for themselves.
By talking to your manager, they will then know that you are looking. Some managers will see you as a traitor to them personally.
Honestly, I believe you should just make the decision. You can make more money long term working elsewhere. Oracle is going downhill. It will be years, if ever, when raises will become commonplace again.
It won’t happen. Been there done that. If you have a offer that is good just say by and walk away
Just leave, you’ll be much better of somewhere else. Negotiating with the jerks at O is a lost cause
couldn't agree more.
If you have a job offer that you are interested in, jump off the boat and you'll land safe elsewhere
If you are not interested in and prefer to stay with O. don't use that as a way to get raised : very risky.
If you are not interested in but want to leave, keep looking
The first thing to do is to make yourself certain if you want to stay or to move on. Once your decision is made, choosing the right offer will be easy.
Good luck
Here in the USA, it depends...and once you engage with your management, your work dynamic will also change...maybe for the worse. If you are a valued member of your team at Oracle, and they want to keep you, yes...you can get more money. If you are valued, your manager can initiate a "Dive and Save" provided your management has not used up their allotment for that. Provided your organization has the money and the executive buy-in to "save" people in your org. However, if you're not valued, and your team is not valued, then you're not going to make your life better by approaching your management. Quite the contrary. Once your management knows you were looking, you will quickly become "persona-non-gratta" in that there is no more need to keep you off of a RIF list, or set aside promotion/advancement, raises and pretty much anything else. So if you have a job offer, and you don't REALLY know where you stand or where your org stands...take the offer.
Don't know much about this. I doubt it. You can try but I doubt it'll help. Update us on how it goes.