July 2 2010: Work: My Annual Review
You may recall that earlier in the year, I bemoaned my lack of appropriate renumeration for one of my part time jobs. At my recent annual review (by the way, I’m awesome and invaluable, just in case you didn’t know), I was granted a raise of 12%, bringing me up to a gross annual income of approximately $48,000AUD. I had been seeking a 20% raise to bring my salary up to par with the pay offered for equivalent positions in the same sector.
So what now? My annual salary is still approximately 10% less than my “ideal” salary for someone of my skills and education level, working in this sector. One could argue that with the national unemployment rate still relatively high (though Australia does have one of the lowest unemployment figures in the developed world), I should simply be satisfied with the very fact that I have employment which pays me enough to keep me self-sufficient and in the black. Or, one could be like me and be perpetually dissatisfied with what she has and continue to strive for bigger and better.
I am continuing to seek alternative employment. There are some minor changes – I am currently only applying for positions that will take me further in my career goal of working in community relations in the not for profit sector. In addition, I am only applying for positions that are offering a salary at least 10% above my ideal salary range (e.g. $58K-$60K pro rata) – when I change positions, I want to ensure that I am doing so with a clear salary increase. If I am unable to find something suitable, I will stay with my current position (there’s something to be said for familiarity) until I finish my Masters degree, at which point I’ll reassess my options. This is of course, assuming that other circumstances don’t change in my life, necessitating a removal to greener pastures.
5 Responses to “Work: My Annual Review”
Leave a Reply
I reserve the right to edit or delete your comment as I see fit, though I only delete comments from anonymous commenters, or people with multiple aliases. Using a genuine name/email combination will ensure that your comment is approved.
Amanda, you are so typical of a text book Gen Y, really makes me smile!
Honestly, a fresh graduate on $48k is doing very well for herself.
Simon on July 2 2010 #
Congratulations on the pay rise!
However, I think you’re well and truly overvaluing having a degree, particularly an arts degree. They’re a dime a dozen, and having seen the
Rebekah on July 2 2010 #
There’s nothing wrong with chasing money, as long as it’s not consuming you. Sounds like for the time being you’ve got a good thing going.
I’ve been at my current job for almost 4 years, and haven’t gotten a raise in over 2 years. I love my job though, so it’s easy for me to look past the lack of raises. It’s enough to take care of myself, and not worry about how I’m going to pay my bills.
Veronica on July 2 2010 #
Blah blah blah WHERE IS THE SEX?!
No seriously, since moving back to my parents’ for the summer, my sex life has tanked.
For what it’s worth, my HR self says you’re making a wise decision, and you should definitely be getting paid industry standards. You are worth that much and more.
Stephanie on July 8 2010 #
[...] my annual review for one of my positions, yesterday I had my three month review for my second position. Again, I feel it important to let [...]
Jingwen » Blog Archive » Work: Three Month Review on July 8 2010 #