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How would you interpret this?
When I took this job I negotiated 8% annual raises through 2013 based on meeting certain goals. I should've received the first 8% in September but didn't thanks to a merger.
My company recently merged with another company. The new company has a min and max salary for any given position. Your place on that scale is based on merit nd experience.
Boss says: After a salary comparison study, it has been determined that my current salary is significantly below the minimum. Over the next 2 raise periods I will have incremental raises to "catch me up". He says he thinks I will be very pleased.
The raise pool for the majority of staff is 2.5% this year (I know this because I'm a department head and will make recommendations for my staff).
What would you guesstimate my % raise will be?
Re: How would you interpret this?
Our little Irish rose came to us on March 5, 2010
Don't drink the water.
Disclaimer: I am not an MD. Please don't PM me with pregnancy-related questions. Ask your doctor.
Yeah- I wouldn't hold your breath for 8% but it sounds like your manager has a good head on their shoulders and is trying to make sure that everyone is getting paid fairly.
Good luck and I hope you get the results you are hoping for!