Salary increase ..

Society Business and Career
21

Re: Salary increase ..

Even within IT, **lateral moves **resulting in salary above 25% are that not common. Even for promotions, the salary range of a position is key component of what salary you would be offered.

For a promotion it can be possible however, even that is on the higher end. The total compensation package can be worth 25% which would includes vacation, salary, signing bonus, stock options etc.

For me when I changed companies - I got a 9% raise for lateral move.

22

Re: Salary increase ..

If you are moving within the same geographic area i.e. cost of living is not a consideration, and the move is lateral about salary increase is 10% is good.

23

Re: Salary increase ..

It really depends on the kind of position you move into.

  • I've made a move to a lower basic salary (25% less) with significantly more benefits while on the other side I've quit a job to do my own thing where I regularly made over 100% to 200% of my current salary.

  • A friend made a speculative application and to test the waters he threw in a number which was literally a 50% increase on his current basic.

Personally if the roles are similar, I wouldn't move until I got at least a 25% bump on my basic plus other factors such as progression and the position/prospects of the new organisation.

24

Re: Salary increase ..

just out of curiosity what should/would be the salary of a housewife be..:faizy:

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Re: Salary increase ..

^ brilliant question , I think the services a housewife provides are priceless but if we are to put a value there , I would say around £60-75K a year ... Plus bonus and benefits :@:

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Re: Salary increase ..

It’s definately a priceless job…:mop: :dishes: :daaghu2: :cb:

the bonus is hubby’s love :wub:

and benefits are the children…:hug: