Question: I recently joined a company at a very low starting salary simply because a lot of people said there was going to be a separation between the partners who run the company and that would greatly affect our paychecks, and it had a great working environment.
A year and a half down the line, I see neither happening, although I must say the working environment is very good and it is a nice place to be. But I can see a lot of people slowly deciding to move on to greener pastures, and the company is either ignorant of the reason they are losing these people or chooses to be blind.
The management has recognized my contribution and is very supportive and aware of my hard work. I have been promised a lot of growth and a great future as the company grows. But, although the growth is a fact, I can't see much in terms of salary changes, given their history. My questions are:
1. Is it worth having a talk with my manager, to revise my salary significantly?
2. Should I waiting for the changes to take place?
3. Should I just move on?
To make things worse, a few months ago, another person was hired in the same
position as mine but at a much higher salary, although that person's performance
is not at all at par with the company's standards or the claims on their CV.
(This is based on a probationary review.)
Having had my annual appraisal around now, I expected an increment to at least level off our salaries, if not take me a level higher. It has, in fact, been just a 20% increase!