Advice for New Position Salary

Comms69

republicofheaven wrote: »

Hi all,

Thanks in advance to anyone who takes the time read this and reply.

I was recently successful in my application for an internal position, it's the next step up from my current role and I'm genuinely really excited about it. However, there's an issue that's niggling at me and it's the salary - it's only £3.5k more than I'm currently on at the moment - after tax, pension and student loan deductions it works out that I'm only £130 better off each month. I think given the additional responsibility and workload this feels like a bit of a kick in the teeth.

Am I within my rights to ask for more or am I just being entitled? I'm not sure who I'd even raise the issue with if I were to bring it up.

Any advice appreciated!

Well £3.5k = £290 (close enough) a month
Tax is 20% = So £58
Ni Is 12% (typically) = So £34.80


The rest is your personal finances. You chose to go to uni and you are choosing to pay into a pension.

Comms69

republicofheaven wrote: »

I had no idea of what the salary would be until yesterday and the position is quite a big step up from my current role (I'll be managing people)

I feel a bit blindsided by it, especially as it's a London based position. I was expecting it to be at least £5k more. Maybe I'm being unreasonable? Up to this point, the money wasn't an issue at all, I was just excited for the new opportunity.

The difference between 3.5k and 5k is pretty minimal though, you're arguing over £50 a month, but complaining about £130 a month...

republicofheaven

Comms69 wrote: »

Well £3.5k = £290 (close enough) a month
Tax is 20% = So £58
Ni Is 12% (typically) = So £34.80


The rest is your personal finances. You chose to go to uni and you are choosing to pay into a pension.

I wouldn't have this job in the first place if I hadn't have gone to uni and not having a pension is irresponsible. Not really sure what your point is?

republicofheaven

Comms69 wrote: »

The difference between 3.5k and 5k is pretty minimal though, you're arguing over £50 a month, but complaining about £130 a month...

The overall uplift would be more significant - an additional £50 is closer to an extra £200 a month than £130 is, it's also a larger step considering I'll be moving into a management position. I feel you're here to be more of a hindrance than a help though, so it's pointless for me to carry on replying.

TELLIT01

I'm not saying you shouldn't ask the question about salary, but tread softly. Although the job has additional responsibilities such as managing people, you haven't actually shown yet that you can handle those responsibilities. £3.5k increase is a decent amount of money and if I was in that position I would be inclined to accept the salary offered and then, assuming you prove your ability, ask about an increase in 6 months time.

Comms69

republicofheaven wrote: »

I wouldn't have this job in the first place if I hadn't have gone to uni and not having a pension is irresponsible. Not really sure what your point is?

My point is that you made personal choices and these are the costs associated with those choices.


It's not your employers responsibility to cover your commitments by paying you extra

Comms69

republicofheaven wrote: »

The overall uplift would be more significant - an additional £50 is closer to an extra £200 a month than £130 is, it's also a larger step considering I'll be moving into a management position. I feel you're here to be more of a hindrance than a help though, so it's pointless for me to carry on replying.

With that attitude management roles may not be the most suitable place for you


I'm simply pointing out that you're complaining that £130 isn't worth it, but that extra £1.60 per day will make all the difference.


Is this the sword you want to fall upon?

nicechap

republicofheaven wrote: »

Thank you

When I started it was on a salary of £30k, this was raised to £31.5k after 10 months. My promotion will raise my salary to £35k - I hope that gives a bit more insight.

It's a private company, so I can definitely negotiate, I'm just unsure of whether I'm justified in doing so.

That’s an 11% rise. I expect most people would think that is reasonable for someone with no managerial experience. Many management jobs start in low £20s - have a look at retail branch manager roles.

If your disappointment is genuine, maybe management may not be your thing, you will be expected to promote the company line to your staff even if you disagree with it.

What are equivalent jobs in the industry/ sector advertised for?

System

republicofheaven wrote: »

I wouldn't have this job in the first place if I hadn't have gone to uni and not having a pension is irresponsible. Not really sure what your point is?

You cannot deduct the pension contributions from your pay when you're working it out because you still receive those, albeit in the future and with growth. And as said, you chose to go to uni so again, you can't include that as a deduction to feel aggrieved about.

You're also not adding to the wage rise the additional pension contributions from your employer.

lincroft1710

An immediate 11% pay rise on promotion is not unreasonable. Give it a year and if you have shown you are performing well in the new job and there aren't annual salary reviews, then is the time to ask about a further pay rise.