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Pay increment for fresh grad

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bartender
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Pay increment for fresh grad

Postby bartender » Thu, 27 Nov 2008 9:13 pm

Hi all,

I completed my undergrad study here in one of the 3 public unis. I've been working as an analyst for my current company for almost 1 year. My company is in financial services sector.

After my 3 month probation, there was no pay increment whatsoever. Nobody mentioned anything about it. Also, after my probation, they assigned me a project, beside my regular job and my workload is like almost double. But again, they didn't mentioned anything about pay increment.
My questions are:
- Are they only doing this (i mean, increase salary) once a year (year end performance appraisal)?
- Is it common to suggest directly with your boss that you think the company don't "appreciate" your work to them enough?
- Do you think it's a good idea to wait till year end (which is in Jan) to discuss this with them or DO IT NOW?

Thank you!
Last edited by bartender on Tue, 02 Dec 2008 9:40 pm, edited 2 times in total.

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 27 Nov 2008 11:26 pm

I think you ought to storm into the M's office and demand to know why you didn't get a 50% increment after your probation. I also think you should demand another 25% increase because they asked you to take on more responsibility. Be a man! Get some cojones! NOT! :roll:

Actually, maybe it's as good idea cause after they boot your young butt outta there because there is a recession gong on, it will make room to hire another Singaporean instead....... :)

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Postby Min_Ong » Sat, 29 Nov 2008 12:52 am

3 month's a pretty short time to be so demanding. :) chill. goodluck whatever you choose to do. you could always wait for appraisal and talk about the possibility of a pay raise based on evidence. dont get in badbooks so soon.

bartender
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Postby bartender » Sat, 29 Nov 2008 11:19 am

sundaymorningstaple wrote:I think you ought to storm into the M's office and demand to know why you didn't get a 50% increment after your probation. I also think you should demand another 25% increase because they asked you to take on more responsibility. Be a man! Get some cojones! NOT! :roll:

Actually, maybe it's as good idea cause after they boot your young butt outta there because there is a recession gong on, it will make room to hire another Singaporean instead....... :)


Well, I don't think the fact that i'm not a singaporean could get in the way.
1st, I'm a PR so there shouldn't be much different.
2nd, my company is quite international with ppl coming from all countries so I don't think they stick with me because they can't find a Singaporean instead. In fact, I happened to know that they hired me because I'm not a Singaporean and they wanted the team to be diversified.

I've been with them for almost 1 year, NOT 3 months.

Anyway, I would expect answer like this before I asked this question but sometimes it's just not real comfortable being so quiet. The thing is that I don't want to leave. 1st of all, now is not a good time obviously :D but also, I can see that I would go somewhere with this company. My boss really gets high hope for me and i would disappoint him a lot if i do leave. But staying with what they're paying....sometimes it's really discouraging.

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Postby sundaymorningstaple » Sat, 29 Nov 2008 2:36 pm

Again, it's timing. Making waves now would NOT be in your best interests. Look at the realities of the current economic trends. Is you company a recession proof one? If it's in IT then I'd be very careful as that is normally one of the first places they look to try to cut back costs. (It's not the way to go, but it's, unfortunately, the way most companies do it) My real advice is to ride out the recession and then with a bit more time on your CV you will have something to offer except the idea that you are just a job hopper. Don't look so much for money as you do for vertical scope. Eventually the money will be there. Get as much vertical advancement and management time as you can even if the money isn't there at the moment. You will have more to offer the next employer and you won't look so silly having a CV that says something silly as "Change of Environment" or "More money" when your next job say it's the same identical job for the same money. (I see them all to often).

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Postby madura » Sat, 06 Dec 2008 1:39 pm

Some MNCs in Singapore work on a completely non-negotiable basis regarding salaries of junior staff. All the best anyway.


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