Comments on: Outliers – Its Not All Good!

By: Moneyedup

Moneyedup — Mon, 26 Jul 2010 03:30:30 +0000

While competition at work can be a good thing if things don't get overly competitive, being an outlier can put a target on your back. I'm thinking about the tv show Hell's Kitchen, and in this season it seems like every time one person is able to cook better than the rest they are targeted for elimination. .-= Moneyedup´s last blog ..5 Things You Should Never Say About Money =-.

By: Single Mom Rich Mom

Single Mom Rich Mom — Thu, 24 Jun 2010 18:29:23 +0000

I’ve worked in lots of places with “salary bands” – it’s all a crock. I’ve had my bosses get around keeping me in the band by giving Above and Beyond bonuses and benefits like incentive programs that are presumably only offered to people outside of your category.

My strategy was always just to move on and find another band to fit into if it wasn’t happening in my current job quickly enough. I never bothered suggesting that I’d be bid away. I’ve never really moved jobs for money though, it just happened naturally.
.-= Single Mom Rich Mom´s last blog ..Getting by – or really living? =-.

By: Weekend reading: England’s dreaming

Weekend reading: England’s dreaming — Sat, 19 Jun 2010 11:59:12 +0000

[...] Outliers in corporate life – Eliminate the Muda [...]

By: Nunzio Bruno

Nunzio Bruno — Thu, 17 Jun 2010 14:46:26 +0000

I have to agree with Sam on this one. Wouldn’t want to strive to outperform your peers so that you can take advantage of a possible pay increase? Maybe competition between peers is a bit aggressive but even just taking pride in the job you’ve dedicated yourself to would yield positive results and get someone noticed inside that corporate structure. If you aren’t proud or content with where you are then that’s a whole different story Interesting take on companies hiring outside consultants to choose pay ranges and how to reward employees though.
.-= Nunzio Bruno´s last blog ..Want to make more money, give it away! =-.

By: Financial Samurai

Financial Samurai — Wed, 16 Jun 2010 13:08:12 +0000

Hmmm, not sure if I get it. If you are an outlier in terms of GREAT performance, and you get great pay increases/outperformance, isn’t that a good thing?

I have a heart to heart talk every two years to keep my managers honest, b/c there is a loyalty discount unfortunately. Every year may be excessive, but every 2-3 years when you mention you are getting bid away, your manager’s ears perk up to listen.

Best, Sam
.-= Financial Samurai´s last blog ..Being Overly Content Can Be Detrimental To Your Career =-.

By: Everyday Tips

Everyday Tips — Tue, 15 Jun 2010 16:09:06 +0000

I worked for an IT company that had salary ranges. No matter how great you were, you couldn’t exceed the upper band. Therefore, no outliers there! However, I did make sure I maximized my income by advocating for myself. The thing I realized was, if you didn’t suggest a raise (along with supporting documentation of your accomplishments and such), they would just stretch out salary increases as long as possible. So, I got raises every 8 months or so while people that were performing similarly to me were waiting well over a year. That created quite the difference in salaries between me and some of my colleagues over time.

So what I learned was, you cannot ‘trust’ you will get the money you deserve. You have to ask for it too. (At least where I was.)
.-= Everyday Tips´s last blog ..What Do You Refuse To Give Up, Even If It Is Costly? =-.