SunnyD
Belgian Waffler
I recently interviewed for a different position in the company I'm at, along with several of my co-workers. The hiring manager did mention to several of the candidates that while he prefers to hire internally to promote growth, he is resistant to do so (or consider seriously) for several individuals for one reason:
Company policy says that if you've had a raise/review for the year, even if you get "promoted" into a position with a default starting higher pay grade, you will not get a raise to that pay grade. Not only that, but now I find out that even after the yearly review in the new position, you're not likely to get more than your standard 2% or whatever raise.
Can they seriously expect that under such restrictions any of their internal employees would go for any internal position unless the pay grade is nearly the same? The position I interviewed for was at a grade nearly double my current salary... but if I were to get it I would be screwed.
Is this common practice? Some of my co-workers said if necessary they would quit so they could be rehired at the appropriate pay grade (if that would work).
This kind of corporate behavior shocks me, and has been validated by finance.
Company policy says that if you've had a raise/review for the year, even if you get "promoted" into a position with a default starting higher pay grade, you will not get a raise to that pay grade. Not only that, but now I find out that even after the yearly review in the new position, you're not likely to get more than your standard 2% or whatever raise.
Can they seriously expect that under such restrictions any of their internal employees would go for any internal position unless the pay grade is nearly the same? The position I interviewed for was at a grade nearly double my current salary... but if I were to get it I would be screwed.
Is this common practice? Some of my co-workers said if necessary they would quit so they could be rehired at the appropriate pay grade (if that would work).
This kind of corporate behavior shocks me, and has been validated by finance.