How much is experience worth? Should I feel pissed off?
Hey,
I wanted to get some advice from you all about co workers salaries:
I am a manager of a portfolio of commercial real estate. I do not make much money as it is, but while speaking with another co worker who also manages property, I found out that he makes DOUBLE my salary. The other manager in the office makes almost double as well. Now, these managers have 15-20 years experience, while I have 1 year, but I manage a much larger and more time consuming portfolio compared to them. I also travel much more. Besides their experience, WE DO THE EXACT SAME JOB.
Should I feel a bit pissed off? Should I confront the company over it? ... how much is experience worth if we do THE EXACT SAME THING.? Ugh... I dont know how to go about confronting anyone over this, or even if I should.
Bump
This means nothing unless you have leverage. Do you have a lot of unique knowledge or experience outside of the firm? Are you replaceable?
If so, only then can you negotiate. I would however, wait till the end of the year (when bonuses/raises happen) to bring up this issue.
34 properties and 400 tenants. It would be virtually impossible for me to get fired at this point. There isn't a chance someone can come in and know what the heck is going on with the properties, projects, issues, and tenants. Fortunately for me, the company is set up so that I am the only person that really knows what is going on at any given time with my portfolio.
There is no set time in this company for bonuses (I dont get any at least) and raises.
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