Had a millenial turn down a raise today

Fake news.

This thread is so gay.

Truth Bomber wrote:

Did a performance review today. Gave the guy a 6% raise for solid performance. He had only been working with us for 9 months. He declined and said he felt like he deserved 13% and that was "the number that was sticking out in his head."

If 6% wasn't enough, why even take the job at all at your current salary?

I guess he will soon be on his way out. But when did people start demanding double digit annual raises? I hope the economy crashes soon to bring these kids back to reality.

I guess he thought his performance more than adequate.

And please. 6% or 13% is irrelevant if you have him on a low base. He may have taken the job to show you want he can do. 6% of nothing is nothing. Good for him. I hope he takes his talent elsewhere.

I managed pay scales for decades. % raises with out consideration to dollars is BS.

You end up with some old fart who is comparatively under performing getting 3% and a younger person kicking assss getting 6% and you think you're god's gift to bosses, until the math shows the under performing 3% raise is higher than the 6%.

And who demands double digits. People who perform well, and are under paid

have fun collecting all the low-end talent.

Don't need to. We pay strong starting salaries and are fairly isolated in our location for our field.

My field is more about your experience and actual skills than your "talent".

Many employees who are asking for a huge raise within the first year didn't negotiate their initial salary very well.

LOL!!! It looks like someone got passed up for a promotion by a gay, bitter Boomer.

Well, good for you for not staying. In principle, I agree with the gist of your post. Boomers are the worst! Especially in leadership roles. But the upside, as you point out, is they’ll all be dead soon. We will have a lot to fix when they are gone but the world will be a better place without them.

Good luck at your new job.

Well stated. The incompetence of some executives is mind-boggling.

(I know the OP is not an executive, but an executive at his company made the decision to not do whatever it takes to keep talent)

Not enough info provided to really opine yes or no, but both parties can submit numbers. 13% would be low if you pay him 100k but he contributes in a major way to the bottom line. 6% would be high if you pay him 30k but he spends his work time twiddling his thumbs. It's more than just random numbers. Why do you both feel as you do? How did each of you arrive at those percentages?

Be glad I'm not your boss? wrote:

have fun collecting all the low-end talent.

Don't need to. We pay strong starting salaries and are fairly isolated in our location for our field.

My field is more about your experience and actual skills than your "talent".

Many employees who are asking for a huge raise within the first year didn't negotiate their initial salary very well.

LOL,so can only retain workers because they have nowhere else to go. And bosses wonder why workers don't show more loyalty when you got this A-hole advocating no raises for years. So essentially when you account for inflation, your workers earning power decreases as their skills increase.

You are taking advantage of your leverage as the only employment option n your field. Not saying that's right or wrong, just that you have zero grounds to criticize employees asking for large raises in areas where their skills are in demand. You are essentially doing the same thing in reverse.

if you skoff at the notion of talent then you have no idea what you are doing in hiring people anyway

I really don't get why everyone is kicking the OP in the balls on this one. The employee in question is paid well above market average and has only been working at said company for 9 months. It's puzzling why after 9 months someone thinks they deserve a 13% raise, and I'm a millennial too. Even a 6% raise is generous. Put in the hard work and don't expect people to hand sh!t to you.

You hope the economy crashes so employees won’t have leverage to ask for raises.

Nice attitude.

People need to ask for money more often.

I did this before. I turned down a raise saying it should have been higher. I’m Gen X, if it matters.

Of course I left. I put myself in a position where I had to leave.

I don’t have offers at the time but was interviewing. Got a better offer and left.

My situation was that my company was acquired and this was a new boss.

Money isn’t everything. If they like the job and the environment, they will stay for less.

Yes, this person is gone. He may have messed up. Maybe his goal was to stay. Tough to that now.

It don’t take this personal. It’s business.

Depending on his salary the 6% raise could cost him more money than the raise. Maybe the 13% puts him high enough over the tax bracket to actually increase annual income while the 6% puts him barely over forcing him to increase his tax rate costing him more money! We get around that with merit bonuses!

areusure? wrote:

Depending on his salary the 6% raise could cost him more money than the raise. Maybe the 13% puts him high enough over the tax bracket to actually increase annual income while the 6% puts him barely over forcing him to increase his tax rate costing him more money! We get around that with merit bonuses!

You don't understand how marginal tax rates work.

So gay.

Right now, you bank the 6% raise he rejected for a year, do another performance review next year in which the conclusion is that he earned another 6% raise, and you offer him his imagined 13% raise, but now it's copacetic for you because two years of 6% raise amount to 12.36%, close enough, and you can devote the 6% he didn't receive this year to pay him the extra next year. I'll bet he takes the 13% next year.

Hobbyjoggin Henry wrote:

I really don't get why everyone is kicking the OP in the balls on this one. The employee in question is paid well above market average and has only been working at said company for 9 months. It's puzzling why after 9 months someone thinks they deserve a 13% raise, and I'm a millennial too. Even a 6% raise is generous. Put in the hard work and don't expect people to hand sh!t to you.

where did it say he was paid well above market avg?

80k is well below average in some fields

If you are at place where you are outperforming people making more than you, it only makes sense to ask for a raise or go somewhere that will pay you more.

areusure? wrote:

Depending on his salary the 6% raise could cost him more money than the raise. Maybe the 13% puts him high enough over the tax bracket to actually increase annual income while the 6% puts him barely over forcing him to increase his tax rate costing him more money! We get around that with merit bonuses!

I hope your accountant doesn't get a merit bonus if this is how you think taxes work.

zxcvzxcv wrote:

Right now, you bank the 6% raise he rejected for a year, do another performance review next year in which the conclusion is that he earned another 6% raise, and you offer him his imagined 13% raise, but now it's copacetic for you because two years of 6% raise amount to 12.36%, close enough, and you can devote the 6% he didn't receive this year to pay him the extra next year. I'll bet he takes the 13% next year.

zero chance they will be there in a year

There are lots of jobs that have specific pay raises tied to time of service, like the military. Your assumption that people will only work hard or put forth good effort if there is bigger raise to be had says more about you and your work ethic than it does about humanity at large.

Boy aren't you wonderful. Can't wait until you "Rule the World".

just pointing out that your stance is stupid wrote:

Hobbyjoggin Henry wrote:

I really don't get why everyone is kicking the OP in the balls on this one. The employee in question is paid well above market average and has only been working at said company for 9 months. It's puzzling why after 9 months someone thinks they deserve a 13% raise, and I'm a millennial too. Even a 6% raise is generous. Put in the hard work and don't expect people to hand sh!t to you.

where did it say he was paid well above market avg?

80k is well below average in some fields

If you are at place where you are outperforming people making more than you, it only makes sense to ask for a raise or go somewhere that will pay you more.

Go back a few pages. OP said the employee was paid 80k when the average of where he lives is 47k.