New company management/unpaid

Author
Discussion

Vyse

Original Poster:

1,224 posts

125 months

Thursday 16th August 2018
quotequote all
I currently earn under 20k working in the biotech industry. I've been looking at jobs recently. Had 3 interviews so far but no luck. This has also coincided with our company getting rid of our old CEO and bringing in a new one, along with other senior management. We are going to be having our yearly appraisals soon. We had a company meeting and we were told that the new CEO is going to look into pay increases. The old CEO didn't really care much about this aspect. The proposed increase will be linked to performance and also for staff retention. The employee turn over rate in this place is crazy in one of the departments, my department not so bad in this regard.

To date I've managed to bring in revenues of close to 600k (dont know what the profit is) and have developed new methods that are quicker, cheaper and easier than existing methods. These were all solo projects I was tasked with through my time here.

As you can see my salary isn't great (so wish I had negotiated better at the start but this was my first proper job out of uni). In past appraisals I didn't bring up the topic of salary at all but its getting to the point where I need to start looking after number 1 and I've decided that time is now.

How should I go about this, as this time the agenda is slightly different to past appraisals? Because of the new management they will be taking a keen look at the salary situation of the whole company. I also will definitely be continuing to actively look in the job market as progression is bad at my current place.



Vyse

Original Poster:

1,224 posts

125 months

Friday 17th August 2018
quotequote all
Not sales lol, I'd never do sales, not my bag. I am in biotech development industry.