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John brings up a very good point: " If you are making $40K in your current job, and you are at the 50th percentile of your scale, and moved into a new job with greater responsibilities, you'd still be making $40K, but now you'd be at the 25th percentile of your scale.
Generally if you were below the 50th percentile (ie. average), raises were pretty good. Once you got above the 50th percentile in your scale the raises got smaller."
Within your industry there are pay grades for specific job descriptions and in that salary grade is a low, mid and high. The pay grades overlap. You could be in the 75th percentile of a pay grade which could be below the 25th of the next highest pay grade. Most companies work to the 50th percentile. John is also correct that the %increase gets smaller over 50th and certainly over the 75th percentile. Do some research....... I'm restating what John is saying but he is spot on.
I don't advise pulling that threat card because: you can be bought to stay. Doesn't say much for your integrity and if I'm the boss, I now have a dim view of you and you are on my "list".
__________________
Jim
1983 944n/a
2003 Mercedes CLK 500 - totaled. Sanwiched on the Kennedy Expressway
Last edited by jcommin; 09-21-2011 at 01:04 PM..
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