View Full Version : End of year review - car + fuel-card or pay rise??
carbacca
30th November 2007, 08:55
right i got my end of year work review coming up in about 1.5 hours. been at this job for about 9 months now, and i am 2 years out of uni.
the thing i cant make up my mind about is should i ask for a payrise or perks like car + fuel card etc? i spend about $70 every two weeks commuting so that would be a fair saving for me. that and i am out of the building 2-3 times everyweek, so i do have a moderately solid excuse for a vehicle (i have to pinch my managers car now but it gets a big funky when we both have to be out and about in opposite directions)
and also anyone else got any ideas/tips on how to go about these things?? its my first real review that actually means anything (rather than those probationary ones which are like "your doing good, keep at it")
vifferman
30th November 2007, 08:58
:eek5:
Generation Y.:blank:
Devil
30th November 2007, 09:05
:eek5:
Generation Y.:blank:
I was just thinking the same thing, and im only mid 20's!
Devil
30th November 2007, 09:06
Carbacca: I think you'd be pushing shit uphill to get a car.
Work through your review, see where it goes, be happy with a payrise if you get one.
ManDownUnder
30th November 2007, 09:10
It'd as delicate balance but on the face of it I'd suggest you work on delivering the goods to the company before you start asking for the goodies.
Unless you're an absolute superstar those things you're talking about are reserved for the higher ups and to mentioned/ask for them is going to give you the reputation of being in it for you...
What they want to hear is that you are ambitious, want to grow and are willing to invest in them - but you need their help (win win). Find training you want to do, ahve them put you on a course (1 per year... possibly 2 is acceptable).
Your review should be functional frank and honest. I need help doing this - this training would be good for me... where do you (the company) see me being in 5 years. What do I need to work on to get there... etc Knuckle down, give them the goodies, and they will do the same in return when the time is right.
Edit - re transport... they should either be recognisins you for it (i.e. payng you going rates /km whatever that is) or if not then that's fine... you need to use whatever transport is available at the time. Manager's car, taxi ... whatever. Take it from a purely ffunctional point of view though. Look at it as "how does the company need to get this done"... not "what's in it for me.
The company will work out the best way that suits them and all will be resolved. Anything unreasonable (i.e. use you bike and we won't pay parking or fuel for the work stuff") should be pointed out as unreasonable. No big fight - just tell them it's money out of your pocket to do that which needs to be compensated or mitigated somehow
Trust me.
James Deuce
30th November 2007, 09:11
Fuck, a payrise?
You realise you have to leave and go to another company to get one of those these days, eh?
You're about to find out about everything you've done wrong all year. I've had one review in the last 15 years where I had a mature discussion with my manager about successes and failures. It was a unique and pleasant experience. That manager no longer works here because of a fundamental difference in values with his manager.
Good luck. Shit! Asking for shit in a review. This is going to end badly.
LilSel
30th November 2007, 09:21
I start my new job Dec 14th :D... Company car+Fuel Card :D plus plus plus... hehe... I cant wait!!... going to sell my Subaru as will have a Modeo for work/personal use... and finish my Mini for a show car... & upgrade my bike when I get my full in March :D... & I think I've finally decided what bike im going to get... vtwin mmm!
oh... ummm... back on topic... car+fuel card = better than pay rise unless your payrise will be 10-15k!
Edit:... and what MDU said :D
Ocean1
30th November 2007, 09:25
Bit late I suppose.
But before such a meeting break out your job description, go through the various responsibilities and key performance targets. Note where you've exceeded targets or made fundamental improvements in processes. The idea is to demonstrate that you’ve supplied a service better than that you’re contracted to, and improved the company’s profitability.
The standard response to this is “We don’t have the budget to pay you that”.
The standard counter is “So you can’t afford high performance HR assets?”
Luck dude, you get nothing for nothing, work to improve your value to them and make sure the right people see it.
carbacca
30th November 2007, 09:28
from the vibes i feel from my manager....i have been doing everything right. infact leading up to the review hes been TELLING me if i feel i am worth more then i should tell him. i m not sure if i should take that as a hint or whatnot
at the end of probation review apparently he gave me the highest score he had ever given which is kinda the reason i got the balls to ask for anything anyways
more background stuff: director annouced a base payrise of 3% to EVERYONE, how this works is you get a score out of 100 in the review and you get a percentage of 3% based on your score, in my case from the scores i got last time i think i am pretty sure i would get at least 2-2.4%
Toaster
30th November 2007, 09:32
from the vibes i feel from my manager....i have been doing everything right. infact leading up to the review hes been TELLING me if i feel i am worth more then i should tell him. i m not sure if i should take that as a hint or whatnot
at the end of probation review apparently he gave me the highest score he had ever given which is kinda the reason i got the balls to ask for anything anyways
So what is it that you do for a living? - at 2 years out of uni and thinking of getting a company car etc as part of your role.
vifferman
30th November 2007, 09:34
In fact leading up to the review hes been TELLING me if i feel i am worth more then i should tell him. i m not sure if i should take that as a hint or whatnot
at the end of probation review apparently he gave me the highest score he had ever given which is kinda the reason i got the balls to ask for anything anyways
Well, in that case, you have nothing to lose in asking for more, as long as :
You are prepared to be knocked back, and don't take it personally.
You aren't "over the top" in what you ask for (but do ask for a bit more than you expect you'll get, and be prepared to negotiate).
You don't make any threats, excessive demands, or arrogant statements.It sounds like you're in a good position to negotiate, so don't blow it!
ajturbo
30th November 2007, 09:39
& I think I've finally decided what bike im going to get... vtwin mmm!
:D
get that XBR12...... (buell):2thumbsup
imdying
30th November 2007, 09:54
You're sure to get a rise of $5k or more, so you'll be better off taking the monies!
imdying
30th November 2007, 09:56
Fuck, a payrise?
You realise you have to leave and go to another company to get one of those these days, eh?
You're about to find out about everything you've done wrong all year. I've had one review in the last 15 years where I had a mature discussion with my manager about successes and failures. It was a unique and pleasant experience. That manager no longer works here because of a fundamental difference in values with his manager.
Good luck. Shit! Asking for shit in a review. This is going to end badly.You'll be pleased to know that the entire company isn't run in that fashion :yes:
MSTRS
30th November 2007, 09:58
I think a company car and gas account is valued at around $15,000...think you'd get a pay rise approaching that?
Thought not.
James Deuce
30th November 2007, 10:04
You'll be pleased to know that the entire company isn't run in that fashion :yes:
What's been going on? I fainted when I read that, and have been out for 7 minutes. Did I miss anything?
carbacca
30th November 2007, 10:21
15k?? from what i can gather..
lease of a mid size vehicle is about 300 a month x12 = 3600
fuel i am using 70ish every 2 weeks, round upto 100 = 2600
thats just over 6200
Mully
30th November 2007, 10:32
15k?? from what i can gather..
lease of a mid size vehicle is about 300 a month x12 = 3600
fuel i am using 70ish every 2 weeks, round upto 100 = 2600
thats just over 6200
Plus FBT on the personal use
Plus maintenence ($300/month lease doesn't usually include maintainence)
Plus the precedent; if you get one, shouldn't everyone else at your level (or higher) get one?
To be honest, it's easier to hide (from the other staff) a payrise.
You could just ask for $7k/year vehicle allowance.
How did it go anyway??
jrandom
30th November 2007, 10:38
I'm curious to know what you do for a living, carbacca.
Either way, what you negotiate with your employer as a wage for your efforts is entirely up to you.
Generally, once you take on a defined position at a defined salary at a particular company, you can't expect them to go significantly changing what they pay you to do that job over time. If you find a way to add more value than they expected you to when you were hired, well and good, otherwise you're doing well if you convince them to adjust your salary at inflationary levels every year.
If you want to make meaningful quantitative jumps in income, you need to find new jobs to do, basically. That means moving companies, or talking your existing employer into letting you do something different that adds more value to their business.
LilSel
30th November 2007, 10:45
I think a company car and gas account is valued at around $15,000...think you'd get a pay rise approaching that?
Thought not.
I knew I woudnt get a raise of that much where I am now... So I've resigned hehe... new job has a car... yay!!... *dances*..!! :D:D:D
Generally speaking... If a car is not part of your initial package... you prob wont get one
LilSel
30th November 2007, 10:46
get that XBR12...... (buell):2thumbsup
hehe... noooope... What I want is a gay bike :bleh:... so I've been told...
marioc
30th November 2007, 10:49
Govt dept ftw annual payrises/bonus are a given here :2thumbsup
jrandom
30th November 2007, 10:55
What I want is a gay bike :bleh:
Wide Glide, baby.
I'd hit it.
<img src="http://i1.tinypic.com/6kh0snt.jpg"/>
LilSel
30th November 2007, 10:58
Wide Glide, baby.
I'd hit it.
hehe... not a cruiser... a hondaaaaah
skidMark
30th November 2007, 10:59
Wide Glide, baby.
I'd hit it.
you couldnt even make it an enlargable attachment u basically had to shove a cruiser in my face....
CUNNNNTTTT
skidMark
30th November 2007, 11:00
who want to place bets on if he got the chop?:dodge:
Drum
30th November 2007, 11:07
If they're giving you a payrise of less than the rate of inflation you would be bloody lucky to get a car etc.
I'd proably walk if I got such a low payrise. And no, I'm not Generation Y.
The car etc are probably tax exempt as well. So if you are on a 39% marginal tax rate then that could be worth quite a bit.
I can't think of any engineering firms that give out cars to graduates though, no matter how good they are.
Edit: Personally I wold prefer to keep my performance review separate from the remuneration discussion. The perormance review should be about identifying your strengths and weaknesses and planning your role for the next year. Remuneration is a separate issue. At your stage of your career gaining experience is more important than gaining cash.
jrandom
30th November 2007, 11:21
you couldnt even make it an enlargable attachment u basically had to shove a cruiser in my face....
And you had to quote the embedded image?
Be more careful with your posting etiquette.
James Deuce
30th November 2007, 11:30
I'd proably walk if I got such a low payrise. And no, I'm not Generation Y.
Work for a Govt (local or otherwise) do we?
It is an unrealistic expectation to expect your employer to match inflation. If you want more money, MOST of us have to go get a new job.
Usarka
30th November 2007, 11:50
I got a 20% increase each year for the last two years. The only reason is that i waaaaaaaaaaay undersold myself to get the job (as drum said experience counts). If I came in on market rate I'dve expected SFA.
Everyone who expects to always get a payrise may be a little disappointed in the next year or two. Thats assuming that the cyclical nature of the last 80 years of western economy wasn't just a coincidence.
jrandom
30th November 2007, 11:57
When I started my first job in industry in January 2000, I made it a goal to increase my income by a certain fixed amount every year, one way or another.
If we're just looking at salary, I'll be behind my goal by $15K come January 2008, but it hasn't been a bad run, really, all things considered. I've been employed by four different companies over that period. If you want to play the 'career' game, you have to strategise over time.
It's worth remembering that life isn't all about 9-5 jobs, salaries, and hourly rates, though. There are much more interesting and lucrative ways of paying for one's daily bread.
:yes:
RantyDave
30th November 2007, 11:57
should i ask for a payrise or perks like car + fuel card etc? i spend about $70 every two weeks commuting so that would be a fair saving for me.
I guess it's a bit late now, but my 2c:
* Ask for a car. Point out that this whole nicking the manager's car thing is a shitfight and that it would make everyone's life easier if they provided you with some description of vehicle to truck around in - and besides, it would be nice. If you're out of the office a few times a week anyway it's a legitimate expense for the company. They'll probably get a fleet car, it will almost certainly be a Hyundai. Don't complain. If you don't get a car contemplate buying your own and charging the company mileage.
* If the company has already decided on some hokey pay rise formula then stick with it.
I don't think this is gen Y "give it to me" at all. 9 months is cutting it a bit fine, but since the car is leased by the company and doesn't actually belong to you I can't see it being a problem. The Gen-Y thing is gits falling out of uni and expecting to be on 85k and a gym membership. It happens. Really.
Dave
RantyDave
30th November 2007, 11:58
There are much more interesting and lucrative ways of paying for one's daily bread.
Anything related to cocaine and home made submarines, for instance. Or if you really have no ethics, go work for a hedge fund.
Dave
carbacca
30th November 2007, 12:04
was pleasane enough, was still told i was doing everything right, got crazy high marks that hasnt been given out before so i got my percentage of 3% blanket raise
as for anymore...got told to come back in a year/next review or do something REALLY REALLY fantastic during the year. they knew i wasnt going to pack up and leave so i think i got calledup on that. however was told i am next in line for my managers job if he dropped dead one day so yeah
its just time i guess...something i got a moderate amount of
Nasty
30th November 2007, 12:08
Congrats on what you did receive .. my feeling is it is well deserved. Never go into those meetings wanting nothing as that is what you will get - so well done.
Hitcher
30th November 2007, 12:13
the thing i cant make up my mind about is should i ask for a payrise or perks like car + fuel card etc?
I guess there's no harm in asking. But the issue that should form the basis of a productive conversation with your employer needs to focus around what's in it (your employment relationship) for them, rather than what's in it for you.
Let's do some maths: Most collective agreements are currently averaging around 3% increases for their members. Let's say you're earning $60,000. 3% of that is $1,800. If you have been a "high performing" employee, you may be able to wangle yourself around 7%, or a $4,200 increase.
Car plus fuel-card as part of a salary package (i.e. full personal use) is generally valued by most employers at about $15,000, plus or minus, depending on the car.
I wish you every success in getting as large a merit-based increase as possible. But I seriously think that you need to do a bit of a reality check before "asking" favours from your employer.
vifferman
30th November 2007, 12:26
Generally, once you take on a defined position at a defined salary at a particular company, you can't expect them to go significantly changing what they pay you to do that job over time.
I'm basically fukt then.
I bin hear nealry 18 munce, and no pay increase at all in that time. In real terms, when I started I was getting less than where I used to work, and (theoretically) working more hours.
But then again, I don't value myself very highly, so I don't expect the company to. And the vifferbabe earns nearly twice what do, so it's kinda irrelevant.
James Deuce
30th November 2007, 12:27
But then again, I don't value myself very highly, so I don't expect the company to. And the vifferbabe earns nearly twice what do, so it's kinda irrelevant.
I'm with him. Been here 4 years and had one increase that averaged out at less than inflation. <shrug>
Drum
30th November 2007, 13:02
Work for a Govt (local or otherwise) do we?
It is an unrealistic expectation to expect your employer to match inflation. If you want more money, MOST of us have to go get a new job.
Nope. I work in engineering consulting for a company that appreciates the work I do (and understands the supply/ demand situation).
I don't expect to get a payrise greater than inflation for maintaining the status quo though. Each year I develop more skills and make more of a contribution to the company. Therefore more money.
LilSel
30th November 2007, 13:12
I've been at my current job for 3 n a half years... from my starting rate to what I am on now, total increase of 11,800....
new job I am starting in a couple of weeks, salary is +5k from what on now+car+fuel card+southern X+life insurance+cell phone+1/4'ly bonuses :wari:
Fatjim
30th November 2007, 14:46
I'm with him. Been here 4 years and had one increase that averaged out at less than inflation. <shrug>
Yes, but you do work for what is quite possibly the most tight arsed IT company in NZ. Mate, half the place I work for is ex !@#!@$@#$
So why don;t you leave, a prospective employee would not think bad of you for giving a reason for leaving as dissatisfaction with your current employer.
</shrug>
James Deuce
30th November 2007, 14:51
I might actually have to do some work if I leave.
I couldn't bear it!
The Pastor
30th November 2007, 15:06
i'd rather have a 15k bonus every year than a car, thats a new motorbike baby.
Motu
30th November 2007, 20:39
I've just turned down a car and fuel,taken a $15,000 cut in pay,and leave a great guy to work for next week.Life's like a box of chocolates - sometimes you can give the box to someone else and have an apple.
skidMark
31st December 2007, 01:15
And you had to quote the embedded image?
Be more careful with your posting etiquette.
noononono it was Netiquette i got an infraction or not etiquette
bwahahahahahhahahahaha
Kittyhawk
31st December 2007, 01:17
right i got my end of year work review coming up in about 1.5 hours. been at this job for about 9 months now, and i am 2 years out of uni.
the thing i cant make up my mind about is should i ask for a payrise or perks like car + fuel card etc? i spend about $70 every two weeks commuting so that would be a fair saving for me. that and i am out of the building 2-3 times everyweek, so i do have a moderately solid excuse for a vehicle (i have to pinch my managers car now but it gets a big funky when we both have to be out and about in opposite directions)
and also anyone else got any ideas/tips on how to go about these things?? its my first real review that actually means anything (rather than those probationary ones which are like "your doing good, keep at it")
Offer to put out then ask for a review. :love:
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