How do you convey bonus dissatisfaction?
I am working at a place where my original hiring manager was fired a few years ago and I've had a much more tenuous relationship with his replacement. Even in my first year, my variable comp had been mediocre due to company circumstances, but I was considered a strong performer and told to be patient.
With the management change, it only got worse from there but I considered myself lucky to have a job given the COVID situation and my nearly non-existent relationship with the new boss. Over the past year, I have taken on extra responsibility and proven myself somewhat - but alas word is that comp will be poor, so I'm expecting to be down from last year's unsatisfactory level. The company has also frozen base pay for a number of years so i've basically experienced a big pay cut in real terms.
What is the appropriate reponse when this gets communicated? How important is it to express dissatisfaction when you're dissatisfied (I can accept year-to-year fluctations, but I feel I am fluctuating around a base that has been too low) vs. revealing that you're an unhappy camper in a business that is always looking to trim headcount?
The best way to communicate it in my experience is:
”Congratulate Delon on starting a new position as Equity Research Associate Director at New Bank”
You express nothing. You leave.
If you feel you deserve higher base but don't want to move jobs there is certainly a way to ask that. Look at other postings in the field, set a meeting with your manager to say you like the company but need to do better on base
Really though it sounds like you hate the manager and job so I wouldn't bother. You only ask for a raise if you're happy somewhere and don't want to leave. Just start looking for a new job and leave.
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