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Old 02-23-2008, 08:11 AM   #61
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I had a great deal last year.

CTO decided he needed some sort of lead for our small development team so he promoted me to lead. That came with 5k raise and I managed to negotiate an extra week of vacation as well. This happend right before the usual 3% raise which came on top of the new 5k higher salary.

CTO then left the company and new Boss doesn't use me in lead type role at all. I'm essentially the same job as before but with extra 5k annually and week vacation for playing middle manager for about 2 months.

Woot.
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Old 02-23-2008, 10:57 AM   #62
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They came through with another 5% this year. But bonus was slashed to almost nothing - I guess that's what all the meetings were about - and we've been told that next year bonus will be tiny if there's any at all. There's been a lot of talk about the company doing something to reward top performers, but I think they just want everyone to work hard to "be a top perfromer" in hopes of getting a reward, which is not likely to be as significant as people want to imagine it might be. Or maybe this is code for executive pay will increase. I don't know. I want to FIRE.
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Old 02-23-2008, 12:08 PM   #63
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I got a 4% raise this year.

But in 2007 I took a new job that effectively gave me a 100% raise.
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Old 02-23-2008, 01:27 PM   #64
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I traded in my 3% for a fourth week of vacation (a trade the company has never done before). The time is much more valuable to me than the money since my family lives a 4-5 hour flight away and a visit consumes at least one day of my trip. It also makes me smile that neither the state government nor the school district nor the village nor the federal government benefits from my gain.

Also, they might expect me to work more if they pay me more and that woud not be good!
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Old 02-23-2008, 04:57 PM   #65
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Good Trade. I would take that deal if I could with my employer, too.
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Old 02-25-2008, 03:35 PM   #66
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Quote:
Originally Posted by Buckeye View Post
I traded in my 3% for a fourth week of vacation (a trade the company has never done before). The time is much more valuable to me than the money since my family lives a 4-5 hour flight away and a visit consumes at least one day of my trip. It also makes me smile that neither the state government nor the school district nor the village nor the federal government benefits from my gain.

<snip>
Brilliant!

-CC
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