Upset about salary / should I say something

[Bambootrees]

I recently started a job; and because of my role I see everyone’s salaries. Unfortunately my salary is on the lower end considering my experience and role. It is also part time but I think more could be done if I do full time.

Should I mention something?

I am trying no to compare, be grateful for what I have but it keeps bothering.

If you raised it in my company you would be told that you had accepted the job and the salary. The increase would only be justified based on taking on more workload/ responsibilities rather than you knowing what everyone else is getting. I do understand how you must be feeling dishearten though

This is when people move on to other jobs.

Well you clearly thought the salary was acceptable when you took the job!
So Yabu to be miffed now. Look for a better job with a more reasonable salary if you are unhappy

How does the salary compare to similar jobs elsewhere? Higher? Average? Lower? If lower , why did you take the job?

Sadly one of the downsides of working in financial areas is knowing this stuff.

You are not unreasonable. If your salary is disproportionate that is unfair and unprofessional. Do compare your full time equivalent salary to other salaries though.

Thank you.

Company salaries are high comparing with other companies and current market.

My salary is 5k less than the lowest paid people in the company and 10k less than the other person in my team with similar experience and 50k less than the person in my team above us. Full time equivalent.

I think I will look for another job.

Useful for negotiating for other jobs

and then if you resign you can say why and they might pay you more

Dont compare it to someone more senior.

for your equivalent person, who is on 10k more, how long have fhey been there.

4 months

I am taking some responsibilities from the senior person as they are leaving the company.

Did you think the salary was good before you looked at the others?
You could see this an an opportunity to renegotiate after a year as there is clearly bandwidth. If they pay higher than market rates usually, then would you find something better paid somewhere else?

Ah. Well that makes a difference then. You need to negotiate.

Or consider applying for their job once they leave!

Comparison is the thief of joy. You agreed to this salary so I think the business would be pissed off if you used the data you can see to negotiate a pay rise this early on.

I have a role where I can see all salaries. It would be massively unprofessional to use confidential knowledge you need to see to do you job role to argue for a rise .

If to came to be like that , it would be an argument that you shouldn't have access .

You don't say what experience or qualifications you have brought to this role.

Working with numbers is a funny thing, and someone else at a similar level to you might be doing what appears to be a very similar job to your own, but which actually requires a considerably higher level of training & experience than you realise. They will be being paid quite a bit more than you.

One good thing about working in a finance field is that the general expectation is that staff will want to progress to the next level of training, and the employer will often fund college courses for their staff and/or day release etc.

Ok you still can’t compare to the senior person, I suspect you know this.

so your peer started in ten k more, are you sure you’re similar. Because it appears they were able to negotiate a much higher starting salary, which normally indicates that not to be the case.

it would be deeply unprofessional to use access to information you have to benefit yourself, we would think very poorly of you for that, possibly even leading to just letting you go. But you can negotiate a higher pay rise next time one is due, but to do that you can’t go in going well they are paid more, you need to say what you’ve achieved to warrant more money.

so be clear are you really sure you’re that similar to the higher paid person in terms of what they bring to the table?

Lots of qualifications and experience, and much more experience that some of the people I am working with.

The company is obliged to pay the same salary for the same work, so if you think people doing the same kind of work as you are paid more, you should ask for your role to be revaluated.

I’m significantly paid more than my colleagues, on the face of it, you could argue we are all similar, and do a similar role. But when you delve down, it is far from the case, I am the most senior snd do the most difficult work. And that’s why I’m paid a lot more. If one of my colleagues tried to argue they should get paid similar as they are similar and do similar, leadership would think them very ill informed indeed. We have the same job title, we do the same type of work, but I carry the most complex and signficant to the company and I was recruited into the role due to my ability to do that and paid accordingly.

it’s really easy to think well we are the same, when actually it’s far from the case. Howver my colleagues wouldn’t attempt to argue it, but their career progression is stepping into my shoes when I vacate the role.

But in direct comparison to the person who is paid 10k more? And do you do identical work?

Your qualifications and experience are irrelevant, unless they are required for the role. What matters is your job description and personspec.

What sometimes happens with experienced people is that they take on more than the role requires, which wouldn't have an affect on salary, unless it is written into the role.

I'm surprised you took such a low-paid role then.

Thank you

It is only low paid when compared with the other salaries in the company which are on the high end compared to other companies; but perhaps is the sector they are in which I have not worked for before.