A little education for people that do not work in big companies in high management roles.
Salaries are generated by the VP of HR and sent to all the different company’s HR departments. They list a minimum and maximum for all salaries in an hourly format. Each is adjusted for the cost of living in the area you are in, and they are adjusted for the COLA every year in November. That is the guideline that managers use to give raises or promotions. You can’t exceed either limit without prior approval above me, I have to request it, and I have to justify it. I have done that a few times and rarely win. If I’m working within the approved salary range the call is mine. Hourly compensation is done the same way with a few differences - Union houses obviously have to work within that contract, and some high demand jobs (machinists) can be exceeded with my approval.
The only time the above normally comes in to play is when someone working a lot of hours in an hourly job gets promoted into a management salary role. I’m not allowed to promote someone and pay them less. There are ways I have gotten around that in the past, but neither of these gentlemen fall into that category.
Bonuses are performance based and are a percentages of your base salary. Then you get a percentage of that based on your evaluation - The more you make the more you can get, and the better you perform the more you do get. Certain jobs automatically qualify for a PB and that is in the same document that I discussed above. Those are cooperate level bonus and not paid from my budget.
Then there are bonuses that are part of employment contracts for people who hold positions that do not automatically qualify. Those bonuses are considered “local” and come out of my operating budget. I approve or disapprove based on several considerations. They are paid in the same way, as a percentage of your salary, and then as a percentage of your performance.
Some companies pay that bonus at Christmas. I have control over when all the bonuses are paid, but they all have to paid at the same time. I pay them on the first payday in February so that can be combined with performance reviews that must be done in January. This prevents 2 reviews covering the same ground.
The QA Manager is a cooperate controlled bonus position, and the shop supervisor is not in either program. The former was hired under my watch, and the latter had been here for a few years when I started. Neither has ever came up on my radar as a problem child.
Yes, the world I move in is different than most people. Long ago I exceed the annual income that allows for a Roth IRA.
None of that is relevant to why you think people who leave for a better job “suck”. It’s life. I’m not saying you are bad. I’m just saying from a different perspective you are the bad guy, even if it is out of your control for the most part.
While this thread has been going on, a guy my wife works with found out he was being laid off too.He is just short of 60 and losing a job making just north of $100k. So just as he is ready to ride off into the sunset he gets the plans upended. His day is worse. You just had to deal with the less pleasant parts of your job.
We used to think loyalty in the workplace was a great thing. Not sure about others, but in most situation I think it is foolish. Workers and companies have a paycheck to paycheck relationship. To think it is deeper than that makes you miss the warning signs that it is time to look to jump ship.