What are we a cell phone carrier? Apparently if you go for a new job they will cap off what you can get in a raise. That MRP you see is not for YOU. You are good enough to get selected for an interview but unless you are external apparently we aren’t valued? Disappointing!!
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This has been the WF way forever.
if you search teamworks you can find a matrix for comp decisions and who needs to approve what based on a number of factors one of which is increases over a certain amount.
I know someone who last year received a promotion and a 0% raise. This person did receive a decent bump in bonus percentage, but that bump was then halved earlier this year due to some job re-mappings.
There is a cap on what % of an increase you can get due to promotion. It's nonsense, but it's also not a hard cap. All you need is approval from a person on the OC. The most annoying thing is that if the candidate was external, they wouldn't mind the level of pay at all, but because you're internal they treat you differently. Seems like discrimination to me, but like I said, all you need is approval.
I fail to see the correlation.
I used to work for Wells Fargo. I still do, but I used to too.
True story.
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