Salary Increase for completing degree?
Discussion
I've been in the same job for the best part of a decade and I've just completed a BEng (Hons) degree with the OU.
All done in my spare time, over about 6 years, which meant very little time for socialising, etc., but continued as I knew it would be worth it in the end...
Review time is around the corner, but what would you expect/ask for as a percentage increase for completing a degree? (If it helps, I'm currently paying 20% tax...)
All done in my spare time, over about 6 years, which meant very little time for socialising, etc., but continued as I knew it would be worth it in the end...
Review time is around the corner, but what would you expect/ask for as a percentage increase for completing a degree? (If it helps, I'm currently paying 20% tax...)
Thanks for all the responses!
Not figured out multi-quoting, so roughly in turn...
The degree is probably the closest degree to my job. Colleagues at the same place with a degree and comparable industry experience (although 20 years older) are on around 30% more, but I think my boss would simply laugh if I asked for that!
£5k is more that I was thinking, so I'd be very happy with that.
IEng/CEng is interesting. I don't know of anyone at the company who has done this while at the company (it's not really needed for the job - a colleague posted on here a few months ago asking for opinions on career moves as there's no opportunity for Chartered status - although it looks like he's now got a new job
).
And, yes, very tough
I do a fair amount of travel for work (mostly NW Europe only), which is bad because you lose weekends/evenings in airports, etc. but you can use a bit of that time studying (actually, I don't know what I'll read on planes now ) Oh, and Well Done as well!
Not figured out multi-quoting, so roughly in turn...
The degree is probably the closest degree to my job. Colleagues at the same place with a degree and comparable industry experience (although 20 years older) are on around 30% more, but I think my boss would simply laugh if I asked for that!
£5k is more that I was thinking, so I'd be very happy with that.
IEng/CEng is interesting. I don't know of anyone at the company who has done this while at the company (it's not really needed for the job - a colleague posted on here a few months ago asking for opinions on career moves as there's no opportunity for Chartered status - although it looks like he's now got a new job
).And, yes, very tough
I do a fair amount of travel for work (mostly NW Europe only), which is bad because you lose weekends/evenings in airports, etc. but you can use a bit of that time studying (actually, I don't know what I'll read on planes now ) Oh, and Well Done as well!Edited by Silgo on Sunday 22 February 22:01
Well, it seems some of you were right, but not the ones I wanted to be! 
One of the reasons I asked this, was my boss had long refused a pay rise, on the basis that I hadn't got a degree...
So, now I've got a degree, I can't have a pay rise as I'm doing the same job as before!
Oh well, time to find a new job (already got an application in progress with a recruiter...
)
One of the reasons I asked this, was my boss had long refused a pay rise, on the basis that I hadn't got a degree...
So, now I've got a degree, I can't have a pay rise as I'm doing the same job as before!
Oh well, time to find a new job (already got an application in progress with a recruiter...
)Yes, nothing was written down, I just assumed (I know, I know 
- you live and learn) that as it was mentioned every year at review time that some increase was guaranteed. (In my defence, other staff members who have completed degrees in the past have got 10% with no arguments - and this is much less than £5k! I was only hoping for the same...)
- you live and learn) that as it was mentioned every year at review time that some increase was guaranteed. (In my defence, other staff members who have completed degrees in the past have got 10% with no arguments - and this is much less than £5k! I was only hoping for the same...)Reviews have always been 'Exceeds Expectations'. The only negative comments I've had have been that I say what I think and don't really go for office politics...
As for training someone up, the only person more junior to me left before they finished their probation, as they couldn't believe the job was as hectic and disjointed as it is! (We told them all about the job before they started...)
It took over a year from looking for a new starter to employing him...
As for training someone up, the only person more junior to me left before they finished their probation, as they couldn't believe the job was as hectic and disjointed as it is! (We told them all about the job before they started...)
It took over a year from looking for a new starter to employing him...
Just to finish this off...
I ended up with a nominal pay rise, not quite what I wanted, but other 'incentives' meant that it was worth staying for a while longer...
Also, the discussion I had with the recruiter was a, erm, 'learning experience'. First time I'd ever had a discussion with one and they pretty much agreed very good terms before I'd even had an interview... Then, when I discussed the offer with HR at the new company, I found out the actual offer was VERY different. More pay, but fewer benefits, much lower company car allowance and probably an extra hour commuting every day (although, possibly more opportunity for progression over the first 3-4 years...). Disposable income would barely change, so I politely declined.
Now, should I do a Masters?
I ended up with a nominal pay rise, not quite what I wanted, but other 'incentives' meant that it was worth staying for a while longer...
Also, the discussion I had with the recruiter was a, erm, 'learning experience'
. First time I'd ever had a discussion with one and they pretty much agreed very good terms before I'd even had an interview... Then, when I discussed the offer with HR at the new company, I found out the actual offer was VERY different. More pay, but fewer benefits, much lower company car allowance and probably an extra hour commuting every day (although, possibly more opportunity for progression over the first 3-4 years...). Disposable income would barely change, so I politely declined.Now, should I do a Masters?
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