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Post by SweetieBugs on Oct 18, 2019 23:27:34 GMT
when you don't???
I am Director of Finance of a group of 3 companies and 2 of them have been growing very rapidly over the past 3-4 years and my workload is insane. I've had to really fight for increases in salary (even when my workload was almost doubled a few years back) and every year my raise is lowest tier of everyone's raises (administrative employees get shafted while the program personnel get rewarded--I'm sure that is typical of most places). However, given my position, my workload and the fact that I am longest working employee next to the original owner you would think things would be better.
I also know for a fact that the experienced accountant (and one with a CPA and 11 years of public accounting experience and 11 years of industry experience) is very hard to find right now in my market and I am working well below market.
I haven't received annual increases ever, only when there has been a significant work load increase and only when I fight for it, never offered.
I've just been informed to give xx employee xx bonus and that is the 3rd bonus awarded this past month (there are year-end bonuses and these 3 staff will certainly get one then as well--everyone gets something).
It's just hard when you know you are working probably harder and longer than anyone there and yet you never are properly rewarded. It's just hard seeing everyone else get the bonuses.
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Post by mikewozowski on Oct 18, 2019 23:31:34 GMT
if you think you are not being compensated fairly, look for a new job.
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QueenoftheSloths
Drama Llama
Member Since January 2004, 2,698 forum posts PeaNut Number: 122614 PeaBoard Title: StuckOnPeas
Posts: 5,955
Jun 26, 2014 0:29:24 GMT
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Post by QueenoftheSloths on Oct 18, 2019 23:35:30 GMT
I've just been informed to give xx employee xx bonus and that is the 3rd bonus awarded this past month (there are year-end bonuses and these 3 staff will certainly get one then as well--everyone gets something).
"Sure, I'll take care of that right away. And what should I put in for myself?"
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ashley
Pearl Clutcher
Posts: 3,400
Jun 17, 2016 12:36:53 GMT
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Post by ashley on Oct 18, 2019 23:35:55 GMT
Life isn’t always as easy as just getting a new job.
Can you approach someone at your workplace and negotiate a better salary? It’s prob complicated because I’m not sure how much info you have about raises is supposed to be confidential, so even though it is in the purview of your job to see these numbers, it is unlikely that simple to just lay it all out there.
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Post by **GypsyGirl** on Oct 19, 2019 0:00:12 GMT
You are going to have to speak up and ask for appropriate compensation (increased salary and bonuses). After all this time, I seriously doubt they are going to start doing the right thing.
Forgive me if I am confusing you with another pea, but isn't this the same job you left last year because of being overworked and undervalued? I seem to remember the bosses wanting you to be available to ask questions and assist for 60 days after leaving. If my memory is correct, why did you return to the same position without hammering out changes to pay/bonuses ahead of time? Leopards don't change their spots, and neither do stingy bosses.
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Post by busy on Oct 19, 2019 0:17:24 GMT
Life isn’t always as easy as just getting a new job. Can you approach someone at your workplace and negotiate a better salary? It’s prob complicated because I’m not sure how much info you have about raises is supposed to be confidential, so even though it is in the purview of your job to see these numbers, it is unlikely that simple to just lay it all out there. It's almost always true that the best way to get substantial raises is to leave. That's not to say you can't get them if you stay, but it's rare you can stay in the same position and get as large of a raise as you would by going elsewhere. If they are paying you below market now, I'm guessing they have been for quite a while. If you want to stay, you need to put together information on market rates for your experience and position in your geographic area and industry. Also create a list of quantifiable ways you contribute to the profitability of the company. Prove your value and your worth and tell them what they need to pay your to stay. But you need to be prepared to be disappointed with the results. Best of luck to you.
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Post by SweetieBugs on Oct 19, 2019 0:21:05 GMT
**GypsyGirl**, wow, spreadsheets do exist!!! You got everything correct and I'm certainly not going to believe you remembered all of that just by memory.
It's a long complicated story, I was comfortable retiring and my DH was very supportive (he wanted me to retire for several years as the work mounted). But after leaving, the months started stretching out, I wasn't feeling satisfied, a few really difficult things happened with my adult children, DH decided it was time to do a major remodel and started spending hand over fist. At that point, I felt I really wanted to/needed to find another job. Something close by and part time. However, at the same time, I was made aware by someone (staff person, not management) in the old office that my replacement was being let go, had been a disaster, and this staff person really hoped I would come back. I called the owner a few days later and let him know I would be looking for a position soon and wanted to give him a heads up so he wasn't surprised if he got a call for a reference. Then, he just started talking, "we're looking to make a change...would you consider....".
Yes, a short while after I returned I realized things hadn't changed much. After working like a dog for 6 weeks, I let them know that this just wasn't working and that the work load was still too much and there were so many things that needed to be fixed due to the previous accountant. They made some concessions in hiring an outside accounting firm that is going to help but in the few weeks since that started, it's not really helping me at all.
I'm sure I am to blame for where I'm at right now for going back but that doesn't really ease my frustration. I just hoped other accountant Peas would commiserate that they feel frustrated that other employees are getting good bonuses too.
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Post by misadventurous on Oct 19, 2019 0:40:58 GMT
if you think you are not being compensated fairly, look for a new job. This, this, this... so very much this. I stayed in a somewhat similar situation (Dir Acctg & Financial Systems for publicly traded company) for probably 4 years longer than I should have. It was just soul-killing seeing raises and bonuses come through while being undercompensated. The problem wasn't my boss, who had been putting me in for raises and bonuses, it was our complete dickwad of a CFO who wanted to look like some kind of idiotic hero for keeping SG&A in the finance dept down. OMG that man was such an asshole. It really, really wore on me, to the point where I was almost obsessed with it. I became depressed, started taking really long (like 40 min) showers where I would just stand there and wonder why the hell I was still there, became bitter, anxious, grouchy with my family... It was really horrible. I've always been an overachiever at work and this was the first time in my career where I wasn't getting above average raises/bonuses and promotions. Finally went to see a therapist, got on some antidepressants, saw the perfect job opening (on LinkedIn), applied, and GOT IT. Just a few miles from my house, about 30% more comp, awesome company, awesome coworkers. Best thing I EVER did for myself. Don't let this company get you down. You owe them nothing. Put your resume together (tonight!!!) and get yourself a better life. Don't listen to any "well, the grass is always greener" bullshit from anyone you know, either. Sometimes it actually is, and there is only one way to find out.
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Rhondito
Pearl Clutcher
MississipPea
Posts: 4,657
Jun 25, 2014 19:33:19 GMT
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Post by Rhondito on Oct 19, 2019 2:39:14 GMT
I also know for a fact that the experienced accountant (and one with a CPA and 11 years of public accounting experience and 11 years of industry experience) is very hard to find right now in my market and I am working well below market. I think you shot yourself in the foot with this leverage when you went back to work for them without negotiating a higher salary.
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Post by mrssmith on Oct 19, 2019 2:44:37 GMT
I also know for a fact that the experienced accountant (and one with a CPA and 11 years of public accounting experience and 11 years of industry experience) is very hard to find right now in my market and I am working well below market. I think you shot yourself in the foot with this leverage when you went back to work for them without negotiating a higher salary. Agree. And if an experienced accountant of your level is hard to find right now, you can go elsewhere. It kind of sounds like you want to stay with the "devil you know" so to speak.
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Post by elaine on Oct 19, 2019 2:51:53 GMT
**GypsyGirl** , wow, spreadsheets do exist!!! You got everything correct and I'm certainly not going to believe you remembered all of that just by memory.
It's a long complicated story, I was comfortable retiring and my DH was very supportive (he wanted me to retire for several years as the work mounted). But after leaving, the months started stretching out, I wasn't feeling satisfied, a few really difficult things happened with my adult children, DH decided it was time to do a major remodel and started spending hand over fist. At that point, I felt I really wanted to/needed to find another job. Something close by and part time. However, at the same time, I was made aware by someone (staff person, not management) in the old office that my replacement was being let go, had been a disaster, and this staff person really hoped I would come back. I called the owner a few days later and let him know I would be looking for a position soon and wanted to give him a heads up so he wasn't surprised if he got a call for a reference. Then, he just started talking, "we're looking to make a change...would you consider....".
Yes, a short while after I returned I realized things hadn't changed much. After working like a dog for 6 weeks, I let them know that this just wasn't working and that the work load was still too much and there were so many things that needed to be fixed due to the previous accountant. They made some concessions in hiring an outside accounting firm that is going to help but in the few weeks since that started, it's not really helping me at all.
I'm sure I am to blame for where I'm at right now for going back but that doesn't really ease my frustration. I just hoped other accountant Peas would commiserate that they feel frustrated that other employees are getting good bonuses too. Wow. What an incredibly bitchy response on your part, SweetieBugs. I hope I remember not to offer helpful, yet REALISTIC, advice to you in the future.
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Post by **GypsyGirl** on Oct 19, 2019 3:13:59 GMT
**GypsyGirl**, wow, spreadsheets do exist!!! You got everything correct and I'm certainly not going to believe you remembered all of that just by memory. No, no spreadsheets here. After 15 years here, on a near daily basis, I remember many peas. Sometimes someone will post about a subject that resonates. Your struggle over whether or not to leave the job, as well as not being compensated properly was one of those because it reminded me of myself and a couple of job situations at a younger age. You seem to be a very loyal and giving employee, one that has been (and continues to be) taken advantage of by a boss who doesn't fully value you or your talents. I wish you well in your job, whether that be staying put and asking for more money, or it means starting a new job search for a company that will value your loyalty and work ethic.
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Post by compeateropeator on Oct 19, 2019 3:19:29 GMT
You would be amazed what some of us remember from various post and threads, or about Peas. No different that say a book or movie you saw. Sometimes non-important/useless (to us, obviously important and not useless to those peas actually dealing with the issue) things just stick with you long after they should.
I am sorry that you are feeling bad. I used to have to print auto deposit pay check "stubs" and bonuses. And while I didn't see all of them, you could not help but see some when you had to periodically check that they were printing correctly, etc. It was frustrating at times, but I couldn't let it bother me...if I couldn't let it go then I needed to look for another job...and I am still here (but we don't print them anymore so that helps).
I am sorry things are not working out for you. I wish you the best and I wish I had some real practical advice for you.
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Deleted
Posts: 0
Apr 24, 2024 10:04:38 GMT
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Post by Deleted on Oct 19, 2019 3:24:21 GMT
when you don't???
I am Director of Finance of a group of 3 companies and 2 of them have been growing very rapidly over the past 3-4 years and my workload is insane. I've had to really fight for increases in salary (even when my workload was almost doubled a few years back) and every year my raise is lowest tier of everyone's raises (administrative employees get shafted while the program personnel get rewarded--I'm sure that is typical of most places). However, given my position, my workload and the fact that I am longest working employee next to the original owner you would think things would be better.
I also know for a fact that the experienced accountant (and one with a CPA and 11 years of public accounting experience and 11 years of industry experience) is very hard to find right now in my market and I am working well below market.
I haven't received annual increases ever, only when there has been a significant work load increase and only when I fight for it, never offered.
I've just been informed to give xx employee xx bonus and that is the 3rd bonus awarded this past month (there are year-end bonuses and these 3 staff will certainly get one then as well--everyone gets something).
It's just hard when you know you are working probably harder and longer than anyone there and yet you never are properly rewarded. It's just hard seeing everyone else get the bonuses.
IN most industries there is a big difference between a salary (steady dependable income based on your job description and agreement) and a bonus (extra one time money based on extraordinary success in contracting clients or sales) A bonus isn't the same as a raise. It is a one time payout. Do you really want to work on a bonus system? Since you worked there previously, why did you go back knowing it paid less than market salary? You must be getting something, even if intangible, from returning to a low pay job and sticking with it. Don't hate on the people getting bonuses. I bet you'll find out they are working 50+ hours a week and under a lot of stress to perform more than just getting through their 40 hours. If you aren't happy with your pay either ask for a raise or move on.
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Post by SweetieBugs on Oct 19, 2019 3:53:05 GMT
**GypsyGirl**, wow, spreadsheets do exist!!! You got everything correct and I'm certainly not going to believe you remembered all of that just by memory. No, no spreadsheets here. After 15 years here, on a near daily basis, I remember many peas. Sometimes someone will post about a subject that resonates. Your struggle over whether or not to leave the job, as well as not being compensated properly was one of those because it reminded me of myself and a couple of job situations at a younger age. You seem to be a very loyal and giving employee, one that has been (and continues to be) taken advantage of by a boss who doesn't fully value you or your talents. I wish you well in your job, whether that be staying put and asking for more money, or it means starting a new job search for a company that will value your loyalty and work ethic. Gypsygirl, you don't know what your kindness and graciousness mean to me right now. I've had such a miserable day--every facet.
I just never saw myself as someone that would leave an impression and was shocked that someone would remember my situation so well. You really nailed it as well. I've been very loyal and hardworking. I felt terrible leaving them the first time. I felt like I was letting them down by not just keeping my head down and getting the work done. I feel guilty now, seriously considering leaving again when I told them I would.
I just take things harder than some people. I'll work through my thoughts and feelings eventually. I think working every weekend since July and coming up on 6 months from the start of our kitchen remodel and it's still another 6 to 8 weeks away is also really taking a toll on me.
Again, thank you for your kind words when apparently my words were interpreted very differently by some.
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Post by chaosisapony on Oct 19, 2019 3:55:04 GMT
I saw a coworkers Christmas bonus check on my boss's desk once while I was looking for something else. It stung to know that I was working my behind off day in and day out while she was often out "sick", coming in late, watching tv, and playing on her phone all day and her Christmas bonus was 6x what mine was. I found a new job a few months later. Best thing I ever did.
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Post by **GypsyGirl** on Oct 19, 2019 4:14:04 GMT
I'm sorry you are having a rough go of it right now. A miserable job experience is bad enough, but to add a major remodel to the mix makes it so much worse. BTDT on the major remodel (twice) and I'm pretty sure I'm still suffering PTSD from them. I've been very loyal and hardworking. I felt terrible leaving them the first time. I felt like I was letting them down by not just keeping my head down and getting the work done. I feel guilty now, seriously considering leaving again when I told them I would. You need to remind yourself that you and your company are even every payday. You provided the services they hired you for, and they paid you the wages you agreed upon. There is no loyalty from companies anymore and no one should expect it. Your boss has shown you all along that he does not value you. You continuing to work there tells him that you agree with his valuation of you. You should not feel guilty about doing what is best for you and your family. I really do hope you are able to sort out your situation. So much stress isn't good for anyone.
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