COL and merit raises

[kimjongfun]

Originally Posted by Dr T Non-Fan

There can be exceptions to rules, even blanket ones. It is likely that someone will be allowed to make an exception.

Because, better employees will leave, leaving the company worse off than before. Top management knows this, and will allow exceptions.
Not everyone is an exception.

This is what I expect, should be easier to find out if they truly value you now or you should update the resume

[kimjongfun]

Originally Posted by Colonel Smoothie

It would be good for you to keep yourself up to date on these things via industry publications.

give me a link?

[Colonel Smoothie]

That tactic isn't going to be getting the overpaid people to leave, and the underpaid people to stay...

[Colonel Smoothie]

I suspect that high performers can still get raises, but that kind of thing would be done via behind-the-scenes negotiations between managers.

[kimjongfun]

Originally Posted by Colonel Smoothie

I suspect that high performers can still get raises, but that kind of thing would be done via behind-the-scenes negotiations between managers.

agreed

[kimjongfun]

Originally Posted by Colonel Smoothie

It would be good for you to keep yourself up to date on these things via industry publications.

from a quick look it appears our expense ratio is lower than Met, not sure what that is worth

[kimjongfun]

a couple more votes for no. any stories/details from the no votes?

[Colonel Smoothie]

Originally Posted by kimjongfun

a couple more votes for no. any stories/details from the no votes?

Probably nothing that would make you feel better about your situation. It happened at my GF's company during the recession. They put in a hiring freeze and froze wages so they wouldn't have to lay people off.

It sucks, but a better question for you would be, this is your situation, what should you do about it? Step 1 is to work with your managers to see if there is anything that can be done about your compensation (either now or at least within a reasonable time frame). If that doesn't work, Step 2 is to look elsewhere. The unemployment rate is pretty low, so your chances for more comp are good if you're willing to leave.

I don't recommend slacking off as a passive-agressive way to deal with this, that will get you nowhere with your current company and won't help you with your external job search either.

[KernelMustard]

Originally Posted by kimjongfun

in general.

I'll say im on the life/health side. Company earnings are fine. Probably just another way to cut costs and pad upper level bonuses. There has been negative incrementalism for a while now

Sounds like pensions. Guys, get your pitchforks!

[kimjongfun]

Originally Posted by KernelMustard

Sounds like pensions. Guys, get your pitchforks!

im not in pensions