Someone from my team has just received an email about him getting a fairness raise due to market competition. I didn't. He is probably G8 and I'm G10.
Details, anyone?
How dis they determine who is eligiblr?
Someone from my team has just received an email about him getting a fairness raise due to market competition. I didn't. He is probably G8 and I'm G10.
Details, anyone?
How dis they determine who is eligiblr?
They give it for one of 2 reasons:
I'm long gone from Cisco (got hit in 2016). While I was there I got 3 equity increases (because my salary for my labor grade was pretty pathetic). The last one was around 2005, I think it was and it was sizeable (around 9%). Everybody in my group got one except for one person. The rumor going around at the time was that the reason they did it, was because Google was on a hiring spree and they were hiring a lot of Cisco people. I am a white male.
It's either because your employee was under MRR and got auto bumped to MRR, or because he/she is part of an underrepresented group. It's an opaque process, ask your HR rep for further details.
Mate, we got increases, although they were fairly weak. I recon it’s the thought that counts.
It’s based on market ranges. If those are raised and an employee is below them, at some level they plus you up to the minimum. I know a white male who got one.
...so none of you guys in the U.S. received it?
Bummer for you.
"Fairness" is typically because of raise or s-x, not actual pay.... Need to bring people up to their white male counterparts.
"How dis they determine who is eligiblr?"