IF YOUR PRESENT SALARY IS LESS ........ WHAT ABOUT YOUR FUTURE SALARY ?
ONE OF MY FRIEND HAVING AROUND 10+ YEARS OF EXPERIENCE (REPUTED COMPANIES) IN HR FIELD PRESENTLY WORKING IN A CONSULTANCY COMPANY. NOW HE WANTS TO SETTLE IN ANY ONE COMPANY AND WISHES TO HANDLE ALL ASPECTS OF HR FUNCTIONS.
BUT THE PROBLEM IS HE IS DRAWING THE SALARY SAY FOR INSTANCE RS.13000/- PER MONTH. BUT AS PER TODAYS' SALARY PACKAGE FROM ALL THE JOB PORTALS AND EVEN IF RECRUITED THRO' HR CONSULTANT THE SALARY FOR
HR EXECUTIVE - FROM 175000 CTC TO 250000 CTC
SR. HR EXECUTIVE - FROM 200000 CTC TO 400000 CTC
ASST. MANAGER - HR - FROM 350000 CTC TO 500000 CTC
WE ALL KNOW THE ABOVE RANGES OF CTC ARE RECENTLY OBSERVED THROUGH ALL THE JOB PORTALS BUT THE COMPANIES WHERE MY FRIEND IS ATTENDING THE INTERVIEW THEY ARE FIXING THE SALARY SLIGHTLY HIGHER BASED ON THE PREVIOUS COMPANY SALARY. i.e., IF HE IS DRAWING SOME 13000 THEY OFFER ONLY 15000/- OR 16000/-. (FOR THE POSITION OF ASST. MANAGER-HR /HR MANAGER)
OF LATE EVEN A HR EXECUTIVE HAS BEEN OFFERED RS. 12000/- IN ONE OF GARMENT COMPANY TODAY. TODAY ALL THE HR MANAGERS KNOWS ABOUT THE PREVAILING SALARY RANGE FOR THE HR PERSONNEL. THEN WHY THEY ARE REFUSING TO PAY GOOD SALARY FOR SUCH AN EXPERIENCED PERSON.
WHETHER THE ONLY REASON IS ABOUT THE SALARY DRAWN IN PREVIOUS COMPANY? IF IT IS SO, IF HE WOULD HAVE WORKED FOR RS. 5000/- THE NEXT COMPANY HIRING HIM WOULD PAY ONLY 7000/- TO 8000/- PER MONTH BASED ON THE PREVIOUS SALARY DRAWN? THEY WOULD NOT CONSIDER THE EXPERIENCE, SKILL, PERSONALITY ETC.,
I CONCLUDE THAT PRESENTLY COMPANIES OFFER FOR FRESHERS & THOSE WHO ARE LESS EXPERIENCE I.E. 2 TO 4 YEARS GETTING RS. 15,000 TO RS. 16,000.
KINDLY SHARE YOUR VIEWS AND COMMENTS AND ALSO TRY TO PROVIDE SOLUTION FOR THE ABOVE ISSUE.
:(
From India
1ONE OF MY FRIEND HAVING AROUND 10+ YEARS OF EXPERIENCE (REPUTED COMPANIES) IN HR FIELD PRESENTLY WORKING IN A CONSULTANCY COMPANY. NOW HE WANTS TO SETTLE IN ANY ONE COMPANY AND WISHES TO HANDLE ALL ASPECTS OF HR FUNCTIONS.
BUT THE PROBLEM IS HE IS DRAWING THE SALARY SAY FOR INSTANCE RS.13000/- PER MONTH. BUT AS PER TODAYS' SALARY PACKAGE FROM ALL THE JOB PORTALS AND EVEN IF RECRUITED THRO' HR CONSULTANT THE SALARY FOR
HR EXECUTIVE - FROM 175000 CTC TO 250000 CTC
SR. HR EXECUTIVE - FROM 200000 CTC TO 400000 CTC
ASST. MANAGER - HR - FROM 350000 CTC TO 500000 CTC
WE ALL KNOW THE ABOVE RANGES OF CTC ARE RECENTLY OBSERVED THROUGH ALL THE JOB PORTALS BUT THE COMPANIES WHERE MY FRIEND IS ATTENDING THE INTERVIEW THEY ARE FIXING THE SALARY SLIGHTLY HIGHER BASED ON THE PREVIOUS COMPANY SALARY. i.e., IF HE IS DRAWING SOME 13000 THEY OFFER ONLY 15000/- OR 16000/-. (FOR THE POSITION OF ASST. MANAGER-HR /HR MANAGER)
OF LATE EVEN A HR EXECUTIVE HAS BEEN OFFERED RS. 12000/- IN ONE OF GARMENT COMPANY TODAY. TODAY ALL THE HR MANAGERS KNOWS ABOUT THE PREVAILING SALARY RANGE FOR THE HR PERSONNEL. THEN WHY THEY ARE REFUSING TO PAY GOOD SALARY FOR SUCH AN EXPERIENCED PERSON.
WHETHER THE ONLY REASON IS ABOUT THE SALARY DRAWN IN PREVIOUS COMPANY? IF IT IS SO, IF HE WOULD HAVE WORKED FOR RS. 5000/- THE NEXT COMPANY HIRING HIM WOULD PAY ONLY 7000/- TO 8000/- PER MONTH BASED ON THE PREVIOUS SALARY DRAWN? THEY WOULD NOT CONSIDER THE EXPERIENCE, SKILL, PERSONALITY ETC.,
I CONCLUDE THAT PRESENTLY COMPANIES OFFER FOR FRESHERS & THOSE WHO ARE LESS EXPERIENCE I.E. 2 TO 4 YEARS GETTING RS. 15,000 TO RS. 16,000.
KINDLY SHARE YOUR VIEWS AND COMMENTS AND ALSO TRY TO PROVIDE SOLUTION FOR THE ABOVE ISSUE.
:(
From India
Dear Prabhakaran, It is not a matter of logic that is applied by the organisations in fixing salary for fresh recruits. They do it from the point of pragmatism. A person who is past his middle age and looking for a better career option would settle for a raise of a couple of thousands from his existing level. And more important, the organisation brain senses that this person is beyond the age for job hopping, and dosent command a great market demand. (Funnily, the organisation brain dosent have a conscience. sadly enough, as HR professionals, you and I are part of this organisation brain)
So they fix salary as you described knowing fully well that they have got their man nailed. It is a policy of getting your man at the minimum cost possible. This is widely rampant in the new generation private banks which absorb experienced, older hands from the nationalised sector. The poor chaps take what they get and settle down.
That's the way of life in organisations!
regards
Rajeev.V
From India
So they fix salary as you described knowing fully well that they have got their man nailed. It is a policy of getting your man at the minimum cost possible. This is widely rampant in the new generation private banks which absorb experienced, older hands from the nationalised sector. The poor chaps take what they get and settle down.
That's the way of life in organisations!
regards
Rajeev.V
From India
HAI VRAJEEV,
THANK YOU FOR YOUR GOOD REPLY.
WHETHER HE CAN DEMAND FOR A PREVAILING SALARY? IN THE INTERVIEW SUPPOSE IF HE IS DEMANDING FOR PREVAILING SALARY IN THE MARKET (FOR A HR PROFESSIONAL) WHETHER THERE IS A CHANCE OF GETTING IT. SAY FOR INSTANCE EXPECTING ABOUT 300000/- CTC.
SUPPOSE SAY FOR INSTANCE HE WOULD HAVE BEEN WAITED, SAY FOR, 1-2 MONTHS LOOKING FOR A PREVAILING SALARY IN ANY OF THE COMPANY WHETHER IT WILL WORK OUT.
PLEASE REPLY & SUGGEST
PRABAKARAN
From India
THANK YOU FOR YOUR GOOD REPLY.
WHETHER HE CAN DEMAND FOR A PREVAILING SALARY? IN THE INTERVIEW SUPPOSE IF HE IS DEMANDING FOR PREVAILING SALARY IN THE MARKET (FOR A HR PROFESSIONAL) WHETHER THERE IS A CHANCE OF GETTING IT. SAY FOR INSTANCE EXPECTING ABOUT 300000/- CTC.
SUPPOSE SAY FOR INSTANCE HE WOULD HAVE BEEN WAITED, SAY FOR, 1-2 MONTHS LOOKING FOR A PREVAILING SALARY IN ANY OF THE COMPANY WHETHER IT WILL WORK OUT.
PLEASE REPLY & SUGGEST
PRABAKARAN
From India
Dear PRABAKARAN
We are already having the discussion on the similar topic on CiteHR itself and you to can follow the link and see the comments and opinions of various people...
Title of the Debate: You are rejected in an Interview…Because of Your Salary….
Link to the Debate: <link no longer exists - removed>
I hope this will give you a fair enough picture.
Regards
Sanjeev Sharma
From India, Mumbai
We are already having the discussion on the similar topic on CiteHR itself and you to can follow the link and see the comments and opinions of various people...
Title of the Debate: You are rejected in an Interview…Because of Your Salary….
Link to the Debate: <link no longer exists - removed>
I hope this will give you a fair enough picture.
Regards
Sanjeev Sharma
From India, Mumbai
Dear Prabhakaran, The person may respond to call for job positions which are commensurate with his experience and salary range. alternately, he may also seek the assistance of any of the reputed placement agencies. If he can afford to wait for better oportunities that come his way, then why not?
regards
Rajeev.V
From India
regards
Rajeev.V
From India
Hi Prabakar, This thread is going on alright. The alternate thread suggested is in a mess, with rigid arguments. (There is a certain high handedness in making that suggestion(?) ,though.)
To come back to the subject, it is a common practice to recruit at the lowest cost possible, if factors are favourable with the recruiting organisation. This is purely a battle of supply and demand. If you are good enough and scarce, you can command your price; otherwise, be bought for peanuts.
keep going...
Suresh
To come back to the subject, it is a common practice to recruit at the lowest cost possible, if factors are favourable with the recruiting organisation. This is purely a battle of supply and demand. If you are good enough and scarce, you can command your price; otherwise, be bought for peanuts.
keep going...
Suresh
Hello Mr. Prabhakaran,
I have gone through the current topic as well as the url given by mr. Sanjeev,
I am fall in line with Mr. Sanjeev. 90% of the company in India will be ready to increase only 20-25% from the last drawn salary. Few company are ready to pay more even 100% hike at present. But I think the trend will be changed soon. The right candiate will get right salary.
But I would like to say, the fate & luck is very important, since we must find & attend the interview in such few companies.
Reagrds,
Ramya Shankar
From India, Pune
I have gone through the current topic as well as the url given by mr. Sanjeev,
I am fall in line with Mr. Sanjeev. 90% of the company in India will be ready to increase only 20-25% from the last drawn salary. Few company are ready to pay more even 100% hike at present. But I think the trend will be changed soon. The right candiate will get right salary.
But I would like to say, the fate & luck is very important, since we must find & attend the interview in such few companies.
Reagrds,
Ramya Shankar
From India, Pune
Hi everyone, we are all talking the same thing isnt it? That a salary hike is not in tune with market rate, but previous record. And why should someone suggest that we go to some other thread to know this? Does it matter in this forum that only certain persons have the last word, even when it is repeated by all and sundry?
My dear Prabhakar, I think you have the general idea of the situation from the posts given. Including the subtle attempts to divert it to some other court where the same thing is repeated ad nausum!
cheers!
Sunita
My dear Prabhakar, I think you have the general idea of the situation from the posts given. Including the subtle attempts to divert it to some other court where the same thing is repeated ad nausum!
cheers!
Sunita
HAI SUNITA,
ONLY TODAY (29.12.06) SANJEEV SHARMA POSTED ME THE URL LINK "YOU ARE REJECTED IN AN INTERVIEW....". AFTER GONE THROUGH FULLY I CAME TO KNOW THAT THE ABOVE TOPIC HAS BEEN DISCUSSED.
BUT MY TOPIC "IF YOUR PRESENT SALARY IS LESS......" IS PURELY ONGOING ONE IN HIS DAY-TO-DAY ACTIVITIES FOR THE PAST 10 DAYS THAT IS THE REASON I HAVE POSTED A TOPIC AND NOT AS YOU MENTIONED
"general idea of the situation from the posts given. Including the subtle attempts to divert it to some other court where the same thing is repeated ad nausum!"
PRABAKARAN
From India
ONLY TODAY (29.12.06) SANJEEV SHARMA POSTED ME THE URL LINK "YOU ARE REJECTED IN AN INTERVIEW....". AFTER GONE THROUGH FULLY I CAME TO KNOW THAT THE ABOVE TOPIC HAS BEEN DISCUSSED.
BUT MY TOPIC "IF YOUR PRESENT SALARY IS LESS......" IS PURELY ONGOING ONE IN HIS DAY-TO-DAY ACTIVITIES FOR THE PAST 10 DAYS THAT IS THE REASON I HAVE POSTED A TOPIC AND NOT AS YOU MENTIONED
"general idea of the situation from the posts given. Including the subtle attempts to divert it to some other court where the same thing is repeated ad nausum!"
PRABAKARAN
From India
PRABHAKARAN,
On the face value of the case, as briefed by you,
It looks like your friend has been dealt a bad blow below the belt.
It looks like an unethical / immoral act on the part of the HR manager of that company.
================================================== =======
But if you put your two feet on the ground and look at the realty,
the interviews are like selling situations, buyer [ HR/EMPLOYER] and
the seller [ interviewee ] .
THE EMPLOYER / HR
-trying to get the best talent at the lowest / best deal for the company.
THE EMPLOYEE / INTERVIEWEE
-trying to sell himself / his talent wares at the best price [ salary package]
THE RECRUITER USES THE MARKET FACTS AS A
GUIDELINES, TO ATTRACT THE BEST TALENT FOR A
GOOD DEAL.
================================================== ======
THIS CASE STUDY ALSO RAISES A NUMBER OF ISSUES
-how does the employer/ HR perceive you, inspite of your qualifications/
experience, does count.
-did your friend find out more about the company, before applying
for the job.
-did your friend quote his salary expectations
-did your friend position himself as a 300,000 rupees talent
================================================== =
MY SUGGESTION FOR YOUR FRIEND , FROM THIS EXPERIENCE
-do more homework on the company
-position yourself in the present company
[ THAT YOU ARE DOING MORE THEN WHAT YOU ARE BEING PAID FOR]
-position yourself in the new company interview
[YOU HAVE THE POTENTIAL TO CONTRIBUTE MORE/
EXPECT SIGNIFICANTLY MORE]
-in interviews, please do not stress on the length of past experience
BUT THE SKILLS/EXPERIENCE/ OUTCOMES YOU DEVELOPED.
REGARDS
LEO LINGHAM
From India, Mumbai
On the face value of the case, as briefed by you,
It looks like your friend has been dealt a bad blow below the belt.
It looks like an unethical / immoral act on the part of the HR manager of that company.
================================================== =======
But if you put your two feet on the ground and look at the realty,
the interviews are like selling situations, buyer [ HR/EMPLOYER] and
the seller [ interviewee ] .
THE EMPLOYER / HR
-trying to get the best talent at the lowest / best deal for the company.
THE EMPLOYEE / INTERVIEWEE
-trying to sell himself / his talent wares at the best price [ salary package]
THE RECRUITER USES THE MARKET FACTS AS A
GUIDELINES, TO ATTRACT THE BEST TALENT FOR A
GOOD DEAL.
================================================== ======
THIS CASE STUDY ALSO RAISES A NUMBER OF ISSUES
-how does the employer/ HR perceive you, inspite of your qualifications/
experience, does count.
-did your friend find out more about the company, before applying
for the job.
-did your friend quote his salary expectations
-did your friend position himself as a 300,000 rupees talent
================================================== =
MY SUGGESTION FOR YOUR FRIEND , FROM THIS EXPERIENCE
-do more homework on the company
-position yourself in the present company
[ THAT YOU ARE DOING MORE THEN WHAT YOU ARE BEING PAID FOR]
-position yourself in the new company interview
[YOU HAVE THE POTENTIAL TO CONTRIBUTE MORE/
EXPECT SIGNIFICANTLY MORE]
-in interviews, please do not stress on the length of past experience
BUT THE SKILLS/EXPERIENCE/ OUTCOMES YOU DEVELOPED.
REGARDS
LEO LINGHAM
From India, Mumbai
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