Lack of diversity in the workplace

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momopi said:
If you don't take your vacation days, they sit in the vacation time back and is rolled over to the following year.  If you quit or is laid off, the company has to pay you for unused vacation days.  This means carrying large number of vacation days is actually a financial liability to the company.
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Yes but most companies have a cap and once you hit the cap you can no longer accumulate so you're essentially forfeiting the newly given vacation days.

For example if you have a 30 day cap and you get 15 days per year and they are given January 1st.  On December 31st if you have 20 days remaining you will only see 30 in your back on January 1st since you've hit your cap, and it can't be exceeded.
 
Long vacations at my company are not discouraged, based on my management's behavior.  My boss seems to take a annual trip to Europe and one of the girls that got promoted (for no clear reason) has been taking annual trips to France to visit her family.  Both of them are dark for 2-3 weeks, no email, no calls. 

I made sure to keep my vacation balance maximized, so I'm not necessarily 'abusing' the system.  And it's not like I'm taking vacations without prior approval.  When I went dark for 8 business days, the project was simply put on hold until I got back.  My job security wasn't compromised. 

In my next job, I won't have those same luxuries.  I'll have to withhold on long vacations for a long time.
 
I don't think I've take a vacation without checking/writing emails or taking calls/conference calls since I was about 24-25. My current company encourages not writing emails to people on vacation so they don't feel like they have to work during vacation. With that said, I approved a vacation request about 6 months ago and then when the vacation came there were some urgent things going and the person did have to work for a cumulative of about two days during the first week of their two week vacation.
 
paydawg said:
Long vacations at my company are not discouraged, based on my management's behavior.  My boss seems to take a annual trip to Europe and one of the girls that got promoted (for no clear reason) has been taking annual trips to France to visit her family.  Both of them are dark for 2-3 weeks, no email, no calls. 

I made sure to keep my vacation balance maximized, so I'm not necessarily 'abusing' the system.  And it's not like I'm taking vacations without prior approval.  When I went dark for 8 business days, the project was simply put on hold until I got back.  My job security wasn't compromised. 
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But I think that might be part of the issue, your position may not be vital enough such that they need to promote you or give you a raise to keep you from leaving.

When you've complained about your lack of promotion, have you told them that you will leave otherwise? What is their response? If I remember (too lazy to look bacK) I think you said they said "Oh well".

Based on that, you won't ever get that promotion unless those above you go somewhere else.
 
Biggest raises and promotions come with either leaving or having another offer in hand.

ABC! You're selling your company's products and services, but don't forget to be selling yourself. That means keeping yourself relevant and marketable.
 
acpme said:
Biggest raises and promotions come with either leaving or having another offer in hand.

ABC! You're selling your company's products and services, but don't forget to be selling yourself. That means keeping yourself relevant and marketable.
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For my specific issue, compensation is not an issue.  I've had 2 decent size raises in the past 3 years (I didn't ask for the 2nd one) and my total comp. has increased by over 40% over the past 5 years....and I was making pretty good money back then. 

I agree that promoting yourself is critical...hence the need for the promotion (which doesn't come with a salary increase).  I feel the company is limiting my marketability, not necessarily my compensation. 
 
irvinehomeowner said:
Interesting... I would take more money over a title change but that's because I'm a 99%er.
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Oh...I'd take more money over the title change as well.  But now that I have the "more money", I now want the title change in anticipation of moving on to my next gig.  My current gig won't last forever. 
 
paydawg said:
irvinehomeowner said:
Interesting... I would take more money over a title change but that's because I'm a 99%er.
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Oh...I'd take more money over the title change as well.  But now that I have the "more money", I now want the title change in anticipation of moving on to my next gig.  My current gig won't last forever.
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I'm guessing you are in forensic accounting and that is really specialized.
 
I think paydawg said he is involved in negotiations. I don't think that is forensic accounting. Forensic accounting typically
Comes into play in lawsuits.
 
From Paydog previous posts:

"Let's just say that I'm in a 'strategy consulting role' working with finance/risk cohorts and constantly teaming up with attorneys to direct negotiations on very large settlements with counterparties on Wall Street.  Communication and persuasiveness is at the crux of what I do at my job."

The reason why I said forensic accounting because of settlements and working with attorneys. Or he can work for a law firm that sues public companies when the stock drops.

 
paydawg said:
acpme said:
Biggest raises and promotions come with either leaving or having another offer in hand.

ABC! You're selling your company's products and services, but don't forget to be selling yourself. That means keeping yourself relevant and marketable.
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For my specific issue, compensation is not an issue.  I've had 2 decent size raises in the past 3 years (I didn't ask for the 2nd one) and my total comp. has increased by over 40% over the past 5 years....and I was making pretty good money back then. 

I agree that promoting yourself is critical...hence the need for the promotion (which doesn't come with a salary increase).  I feel the company is limiting my marketability, not necessarily my compensation.
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You should be happy that you got good reviews and big pay raises. I remember that there was a member on TI concerned about getting a bad review.

 
SoCal said:
A title doesn't pay the bills.
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SoCal what happened to your face! Did you get hacked??  ;D
I think title will get you more $$ to pay the bills. If you get moved into a VP position regardless of the pay you then have the option for qualifying at other companies for their VP positions which can equal more money and the freedom to keep moving up. Higher titles equal either more pay or more options to get more pay at other companies. I'll always take title over $$ because with higher title money will follow suit.
 
What Paris said. $ and title have to go together. Unfortunately, its how your worth as an employee is valued outside the firm. If one or the other is out of line, another employer will naturally have questions.

If $ but no title:
Did you get paid well because you performed an important function, but your firm didn't see further upside or leadership potential?
Did the last company simply pay higher comp across the board?

If title but no $:
Was it simply an inflated title but without true management responsiblities?
Did you have a high position but weren't able to generate real performance, i.e. revenue or profit, for the company so you didn't get more comp or bonus?

 
If you don't plan to move to another company, $ is probably better. If you are looking to make your resume look nicer, title could be better than $.

But that's not always the case where more $ is usually always better.
 
irvinehomeowner said:
If you don't plan to move to another company, $ is probably better. If you are looking to make your resume look nicer, title could be better than $.

But that's not always the case where more $ is usually always better.
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Simple rule of thumb.  Every title bump gives you 90% fewer positions to pursue.


If you don't believe me, go float your resume for your previous lower job title and see the lack of uptake.
 
If you don't plan to move to another company, $ is probably better. If you are looking to make your resume look nicer, title could be better than $.
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True but in this day and age, it's a bold assumption that you'll never change jobs. Gone are the days where you worked for 40 years at the same company and retired. A lot has to do with the loss of defined benefit plans (pensions). A typical 30 year old today has already been in 3 jobs and probably lived in multiple cities.

If you don't believe me, go float your resume for your previous lower job title and see the lack of uptake.
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This is true as employers are so afraid of over-qualified employees. Also the more you earn, the longer you'll job hunt because there's fewer opportunities. But if there's 1 mgmt job for every 10 staff roles, you would rather stay in the staff role?
 
Paris said:
SoCal said:
A title doesn't pay the bills.
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SoCal what happened to your face! Did you get hacked??  ;D
I think title will get you more $$ to pay the bills. If you get moved into a VP position regardless of the pay you then have the option for qualifying at other companies for their VP positions which can equal more money and the freedom to keep moving up. Higher titles equal either more pay or more options to get more pay at other companies. I'll always take title over $$ because with higher title money will follow suit.
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Just feeling kind of belligerent lately. You like?

Good to know a title is worth its weight in gold. Now that it's confirmed, I plan to use this info to my benefit. In my home, my titles are: The Duchess of Everything and the Queen of Quite-a-Lot. The last time I marched myself straight into H.R., demanding to be recognized as such and comp'd in kind they looked at me like I had two heads. I will have to keep my feelers out for a better workplace...
 
Paydawg, what is it that you do, again? Or is that being kept vague? I haven't had a chance to read every post here.
 
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