Hi all,
Currently, I am working at Ericsson with almost 4 years of experience and a package of 3.1 l.p.a. I personally think this package is less compared to the market, especially considering that freshers are getting more than 3.5 l.p.a. Our annual discussion is about to take place. Please guide me on this. Our manager conducts the review, and the details are then sent to HR. Whom do I need to contact if necessary? Should I wait for the discussion and bring it up then, or should I address it before the final discussion?
Regards,
Cool Champ
cool_chmp@yahoo.com
From Sweden,
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3Currently, I am working at Ericsson with almost 4 years of experience and a package of 3.1 l.p.a. I personally think this package is less compared to the market, especially considering that freshers are getting more than 3.5 l.p.a. Our annual discussion is about to take place. Please guide me on this. Our manager conducts the review, and the details are then sent to HR. Whom do I need to contact if necessary? Should I wait for the discussion and bring it up then, or should I address it before the final discussion?
Regards,
Cool Champ
cool_chmp@yahoo.com
From Sweden,
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Hi all Everyone is invited to post their comments and suggestions as this is urgent and crucial!!!
From Sweden,
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From Sweden,
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Dude, I would suggest you check out [PayScale - Salary Comparison, Salary Survey, Wages](http://www.payscale.com). It provides complete information on the salary you should expect based on your experience, skills, and profile. Additionally, it offers tips on how to negotiate.
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From India, Hyderabad
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From India, Hyderabad
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(Fact Checked)-The user's reply is correct. Thank you for sharing the resource to help with salary comparisons and negotiation tips. (1 Acknowledge point)
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Dear [Recipient],
Please wait for the movement; otherwise, you can politely ask your HR department. Do not compare yourself with the fresher who is joining at a higher rate in your organization. You may receive a good increment. If you don't, then ask your senior/HR, or consider looking for another opportunity.
Best Regards,
Sajid Ansari
From India, Delhi
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Please wait for the movement; otherwise, you can politely ask your HR department. Do not compare yourself with the fresher who is joining at a higher rate in your organization. You may receive a good increment. If you don't, then ask your senior/HR, or consider looking for another opportunity.
Best Regards,
Sajid Ansari
From India, Delhi
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Not sure what your background is (job role & education) since compensation is dependent on that and not just the years of experience.
I am assuming that it's all in place and that you are genuinely underpaid - in that case, ideally, have a clear and open discussion with your line manager and share your apprehension. At the same time, you can also say that you would like to discuss this with the HR team as well.
Most line managers (depending on company culture) usually look at HR discussions as an escalation, and hence it might be best to keep the line manager in the loop first. Moreover, since increments are linked to performance, if you have your line manager's support, it will become easier for you. However, it's just a suggestion, and do as you feel appropriate depending on your org culture, your relationship with the line manager, etc.
As far as comparison with freshers is concerned - if you are an undergrad with 4 yrs of work experience, and freshers are lateral hires from top B schools, then they are bound to get better compensation, which is only fair. Similarly, people in different LOBs get differential compensation. So just have your perspectives in place before you go for this discussion.
From India, Delhi
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I am assuming that it's all in place and that you are genuinely underpaid - in that case, ideally, have a clear and open discussion with your line manager and share your apprehension. At the same time, you can also say that you would like to discuss this with the HR team as well.
Most line managers (depending on company culture) usually look at HR discussions as an escalation, and hence it might be best to keep the line manager in the loop first. Moreover, since increments are linked to performance, if you have your line manager's support, it will become easier for you. However, it's just a suggestion, and do as you feel appropriate depending on your org culture, your relationship with the line manager, etc.
As far as comparison with freshers is concerned - if you are an undergrad with 4 yrs of work experience, and freshers are lateral hires from top B schools, then they are bound to get better compensation, which is only fair. Similarly, people in different LOBs get differential compensation. So just have your perspectives in place before you go for this discussion.
From India, Delhi
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(Fact Checked)-[Response] Your advice on discussing compensation with your line manager first and then involving HR is on point. Consider the company's culture and your relationship with your manager. Understanding the reasons behind differing compensations is crucial for a constructive discussion. (1 Acknowledge point)
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Hi all,
Thanks for the input from all of you; I am feeling guided at this moment and a bit relaxed. Regarding one of the posts above, I have a B.Tech in Electronics and Communication from an A Grade college, which I believe is better than the experience of freshers who joined at a higher package.
Please continue guiding me as I still need it.
From Sweden,
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Thanks for the input from all of you; I am feeling guided at this moment and a bit relaxed. Regarding one of the posts above, I have a B.Tech in Electronics and Communication from an A Grade college, which I believe is better than the experience of freshers who joined at a higher package.
Please continue guiding me as I still need it.
From Sweden,
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people are getting distracted over comparison of their peers elsewhere. Gain experience and look for better pasture. there is no point in comparing or jealous of others.
From India, Lucknow
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From India, Lucknow
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Hi,
Years of experience alone are not the sole factor in determining your package, but it is certainly one of the vital elements. Other factors, such as your qualifications, role, and designation, play an important role as well. There is a minimum and maximum range for each level within every company. If you have been in the same designation for many years, your salary will always fall within the same range regardless of your years of experience.
If you are at the same level during a pay revision, and the maximum package for that particular level is only 3.2 L p.a., and you are already at 3.1 L, then your maximum increment will only be 10k.
Hope this information helps you.
From India, Madras
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Years of experience alone are not the sole factor in determining your package, but it is certainly one of the vital elements. Other factors, such as your qualifications, role, and designation, play an important role as well. There is a minimum and maximum range for each level within every company. If you have been in the same designation for many years, your salary will always fall within the same range regardless of your years of experience.
If you are at the same level during a pay revision, and the maximum package for that particular level is only 3.2 L p.a., and you are already at 3.1 L, then your maximum increment will only be 10k.
Hope this information helps you.
From India, Madras
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Hi,
Before the final discussion, you can initiate the process of formal written communication because verbal assurance holds no value in official terms until and unless a raise is accepted in writing. However, that does not imply that you do not have an opportunity to discuss matters in person with the authorities prior to the final discussion.
Herewith, I am attaching a salary raise request letter that might be of help to you!
From India, Delhi
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Before the final discussion, you can initiate the process of formal written communication because verbal assurance holds no value in official terms until and unless a raise is accepted in writing. However, that does not imply that you do not have an opportunity to discuss matters in person with the authorities prior to the final discussion.
Herewith, I am attaching a salary raise request letter that might be of help to you!
From India, Delhi
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Hi,
I am working as an HR Executive for the past year, and now I am also handling administration. Currently, I am receiving a salary of 6500/-. I would like to know the appropriate salary that I deserve in my organization. I work for a private company in Kerala.
Additionally, I am interested in understanding the salary range for different designations within the Administrative Department.
Thank you.
From India, Kochi
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I am working as an HR Executive for the past year, and now I am also handling administration. Currently, I am receiving a salary of 6500/-. I would like to know the appropriate salary that I deserve in my organization. I work for a private company in Kerala.
Additionally, I am interested in understanding the salary range for different designations within the Administrative Department.
Thank you.
From India, Kochi
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