Hello! I need to know how much base increase would be for a lateral move for band 6V?
7 replies (most recent on top)
"Maybe nothing. Depends on where your current salary falls in relation to the market ref range and geo area of your new job. ."
I can confirm. I had a 0% bump after a lateral move back in the day. Had to move over to move up.
- a 12/28'er and former RF engineer
Nothing these days... I just did one a few months ago.
Your fired when HR sets you free
As has been previously stated, there is no set amount. Increases are typically 0-5% dependent upon MANY factors. If this is a job opening in staffing, you could ask the recruiter.
@NRN @QIM There is a policy PDF File in VZ web which illustrate if a 6V transitioned from IC to people's manager than they are eligible for lateral pay increase but I don't really know how much?
Adding to @qim's statement, it also depends if it requires more technical knowledge. Some 6v are paid technical pay depending on what they did, especially if the current position was not technical.
Maybe nothing. Depends on where your current salary falls in relation to the market ref range and geo area of your new job. .