One of the (many) reasons I turned down promotions to a management position was that managers didn't legally qualify for overtime, while non-management did. Sure, the company *could* pay managers overtime, but it wasn't a government requirement, so few did.
And a lot of companies didn't pay managers that much more than their subordinates. Often it was only $5,000 or $10,000 more, but with the promise for much higher performance bonuses. Of course promises were not always kept. They quickly learned that $5,000 more a year in exchange for unpaid overtime was a great bargain for the company, but not for them.
I was always amused by the fact that I was often earning more, sometimes much more, than my boss, and sometimes my boss's boss.
At one company, there was an opening for a senior management position, and a co-worker was considering it, because he wanted to climb the corporate ladder. He was shocked to find that HR wouldn't tell him the salary of the new position, and declined.
I asked an HR person, and she said they stopped posting salaries of management positions, because "when we did, nobody applied". When they stopped, people applied, assuming (incorrectly) that the position MUST pay better, only to be shocked when they got the position that their workload increased by 20% or more for a 1% pay increase and no more overtime pay. More than the few ended up making less money after their promotions.
One of the (many) reasons I turned down promotions to a management position was that managers didn't legally qualify for overtime, while non-management did. Sure, the company *could* pay managers overtime, but it wasn't a government requirement, so few did.
And a lot of companies didn't pay managers that much more than their subordinates. Often it was only $5,000 or $10,000 more, but with the promise for much higher performance bonuses. Of course promises were not always kept. They quickly learned that $5,000 more a year in exchange for unpaid overtime was a great bargain for the company, but not for them.
I was always amused by the fact that I was often earning more, sometimes much more, than my boss, and sometimes my boss's boss.
At one company, there was an opening for a senior management position, and a co-worker was considering it, because he wanted to climb the corporate ladder. He was shocked to find that HR wouldn't tell him the salary of the new position, and declined.
I asked an HR person, and she said they stopped posting salaries of management positions, because "when we did, nobody applied". When they stopped, people applied, assuming (incorrectly) that the position MUST pay better, only to be shocked when they got the position that their workload increased by 20% or more for a 1% pay increase and no more overtime pay. More than the few ended up making less money after their promotions.
That's me! Just call me "Silly" … and hand me the money. 🤑
Compensation talk is not cool.
Haha 😂 It’s not really a privilege to get paid extra salary but work long hours and while on vacation. It’s just a trap :)