Hi all,
Note sure if this is the appropriate forum category to be discussing this, so MOD, pls move it elsewhere if needed.
I am not a greedy person and believe in being paid what I deserve for what I am doing. Now, before we open up the whole argument regarding employees always thinking that they deserve more wages than they are on (and employers thinking you are already well-paid, etc)…Let me summarise my current employment:
- I joined this ASX Listed Property Developer in June 2011 on $1XX,XXX
- My role isn't reflective of what I do (site management versus office/seeking approvals)
- I got a lousy 6-mth CPI adjustment mid last year equating to $2,700
- I hold a tertiary degree and masters degree
- I have been in this field of work for 14 years - working with many high profile developers with exposure in 3 states and in Dubai.
- I got a bonus of $10k in 2012 in order for staff to stay on a particular project whilst it was being sold. I got a bonus of $3k a few months ago.
- No employee share schemes have been allocated to me.
- With the move of offices, no parking space is available to me and I have to get to work 7am everyday to find an all day parking spot.
- I have a novated lease car that I salary sacrifice to get me to various projects all over Melb
So in my almost 3 years tenure with this company, I got a $2700 salary increase. I also know that most staff in our head office have not got a pay rise for 2 years. On top of this, most of us are hit with the QLD flood levy a few years back, and the Superannuation contribution increase (since most are on salary packages and not base + super).
I just went to the ABS website and did a CPI calculation…It seems, based on CPI alone, I have been "shortchanged" $8k on the current salary and aggregate of around $20k since joining…Noting that CPI adjustments in Australia for employers are not mandatory.
What p@sses me off further is the company is on an expansion warpath and acquiring more projects (which I have capacity to take on if I am offered more money) and they are trying to hire someone with a senior title (who will do roughly the same sh@t but get paid 25% more). I feel under-utilised with what I can do….and it all started with my Job Title - which does not match what I do.
Now, you may all say…"go find another job if you are unhappy"…but my response is, I have moved around a lot in my past 14 years to gain as much exposure and experience as possible. But recruitment agencies and potential employers see this as a negative due to all the moving around. And the VIC job market is not so flash at the moment in my field. In summary, I think I will need to stay put for at least another 2 - 3 years to minimise the stigma associated with my moving around…
Another interesting note: My manager is just as frustrated as I am and I believe he is also underpaid. But I don't think he is worried about the money as he is in his 50s and just wants a job to get him by (he is well-off financially).
My question to you is:
- Any suggestions?
- Are you in a similar situation with your current job?
Thanks in advance.
2 possible answer.
1. your boss is shit, leave it if you desire more!
2. you are not that good enough to your boss. he hire someone with 25% more that do the same job? he won't be that silly, there should be something you missing to fit that title.
I got >10% increase each year for my current job for 3 years. Yes, some of my colleague may only got 1-2%. My boss is good to identifying good workers and the bad one.