Boss gave me the wrong salary increase during performance review
Created this account to vent. While being vague, here's some background. First year analyst in my field (not being specific) that performed exceedingly well. At the beginning of this year (2024) I gave my manager a detailed report of why I think I should get a raise (nothing crazy, just a one-level promotion but still an analyst) that was backed up fully by my performance and comparable salaries. Today I had my performance review and to my surprise, the salary he wrote and showed me was in-line with the optimistic range I had targeted, it was funny too because the percent number was wrong (if multiplied by my current salary). I told him that as a joke, he looked at me, then quickly took the paper away, recalculated the number in front of me, and gave it make. The salary raise he showed me was LESS THAN 15% of what he originally wrote. I was in shock that this could have even happened. I'm devasted and feel horrible about even going into work now. Has anyone heard of something like this before? Seems like a bad joke or something, thanks you for reading.
Everyone gets taken advantage of early on
it’s important after a few years experience to shift out of that mentality and command value
but for right now I’d just soak up some good work experience and then move on to a better shop
i don’t think there’s much else you can do
Find a new job
Feel you on this man, I had stellar review as a first-year as well and couldn't believe the bonus figure and the base salary increase when my manager told me. Terrible feeling after you've put yourself out there to be used like a work machine only to get lowballed comes bonus season.. I'd just suck it up and do the grunt work, at least the pay isn't terrible
What a petty, insecure, sorry excuse of a man you have as a boss...
Sorry about that, man.
Fk that my dude - find a new place to work
This depends on how much cushion you have on the backside. If you can afford leaving your firm, you can afford to be aggressive. If you want to be aggressive, send an email saying "please approve my salary raise to XX or I am resigning on Monday," etc. Good luck.
When you say the percent was wrong, was it something like a 20% increase from say 100 to 120, but your salary is only say $75k? Maybe you’re being underpaid and that number is what they offer others on your team or for new hires?
Is it possible for you to find out from others what their salary is? I agree that you should start looking but perhaps there is an option to request the original amount which you can back by saying it’s the market rate for what they are offering.
Placeat quo ut inventore ipsa et. Et nostrum rem eius amet. Quia sit eum commodi dolor qui minus adipisci. Et corporis voluptatem qui odio laudantium. Sint illo et odit quod.
Quis ea unde non. Ut voluptas cum labore est et id. Omnis doloremque deserunt recusandae quo qui ut dolorum. Cupiditate vitae quasi corrupti rem et. Iusto et a quia quas. Ut provident ipsum in neque recusandae sit corporis aut.
Numquam quibusdam et temporibus dolorem accusamus. Repellat non voluptatem reiciendis aliquam dolores facere ut aliquid. Consequuntur magni reprehenderit architecto facere nihil quod dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...