After 10 years on a team im still not at midpoint and comp ratio less than 90% even though im a high performer and are the most experienced person on my team. It doesnt seem right. Is it because my direct manager doesnt want to give me more comp or is this what most experience here?
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The favoritism runs rife here in regard to comp, raises, promotions etc. it’s really really bad and toxic to teams. Managers think their employees don’t talk about their unethical behavior? They’re wrong.
@OP - best way out is to get another job. Come back, if you like the employer.
Otherwise, what they give you is what the company values the role (note: not you, but the role).
Get the right role inside or outside the co, find a higher paying job, leave and then they’ll value you more - once you’ve moved out of the current role.
You are a great worker, who deserves a great job (that pays well too!). Go and find it!
U nderperforming
S orry
B ank
Have you tried applying to other roles within the company? Or outside?
Same! After 3 years of Grade 14 and meaningful performance my compra is now below 90.
Meanwhile, we seem to be posting for Grade 13 jobs with a range at my base. Something’s rotten to the core here.
I noticed my comp ratio actually went down because the salary range itself went up more than my salary did.
Same boat, 7 years in though. You're not alone.
They are potentially skimming from you to boost someone else on your team. They look out for their favorites.
I agree with a previous commenter that you can make more money by switching jobs. If you stay at a company you make more money by strategically managing your career and moving up the ladder. Staying in your same position rarely results in fair long term compensation.
Thank you for the philosophical comment. Are you also wise to the fact that there are more positions than teller at a Bank. Presumptuous and condescending asinine comment.
Pay disparity is horrible within the new ICG Group
I’m grade 12 with 5 years at the bank zero prior bank experience. I work with grades 9,10,11…who have 10-15 years in at the bank. We all do the same job, exact same job, yet some of the people I work with make $25 less an hour than I do. The only difference is I have a degree.
Loyal, dedicated, hard working, long-term employees always fall behind. You can never catch-up. New employees will always start at a higher point than you. Job hopping has always worked. The bank will only offer you more money when you put in your notice, if they want you. If they don't offer you more money, they are happy you are leaving.
To the comment that says most people get paid what they’re worth that’s BS people come in off the street not knowing cr-p about the job, I do on every day basis for the last 12 years and start out making two dollars less an hour! No-they just give you what they choose to give you. Your manager can request an amount, but in the end they give what they fill fit. Had this discussion with my Manager.
Whoever posted the comment about not being the caliber needed is severely lacking intelligence. That was the worst inference I’ve seen on the site. To the original poster, it is not your fault the compensation philosophy is bad. I would recommend to 1) make a case and present to your manager; 2) it’s time to look for another job. USB comp su-ks.
You are responsible for your career growth 💹
Same, here. Not quite 10 years though