Sunday, 15 October 2017

Promotion


Perhaps the best strikes out of the blue, perhaps.

December 2016
After a few drinks on a Christmas party my boss suggested we needed to have a longer chat. I had awaited this conversation for weeks and had hoped he would appreciate my hard work and signal an imminent promotion and pay rise. Over the next days I kept insisting he did not go back on his promise and so we eventually landed in a conference room. My boss simply wanted to ask me how I felt, overburdened with work. His reason to have a chat with seemed so absurdly silly that I straightforwardly asked about my prospects of promotion. He honestly reassured they were none…

February 2017
Annual appraisal. During an hour-long meeting to talk over my performance over the previous year I learnt whatever I had done superbly, I had just lived up to my superiors’ expectations, but whatever mistake I had made (the more you do, they more likely you are to make an error, statistically) I had been destined to be rebuked over. Then I took out a sheet of internal memo on promotion criteria to prove I had met all requirements set out in the document. My boss rebuffed this, claiming those guidelines were just a bare minimum and meeting all targets did not automatically qualify me for a position upgrade, but was just a condition precedent to it. At the end I was told the reason why I could not be promoted was that I displayed “emotional immaturity”. I immediately demanded examples of behaviours proving my lack of maturity. Needless to say the assertion of my emotional immaturity had no backing. That appraisal was held on Friday. The weekend thereafter in a spurt of anger I sent out CVs to competitors of the New Factory.

March 2017
I attended two interviews with other financial institutions. Even if in terms of competencies I was eligible, with hindsight I found out my pay rise expectations had priced me out of any considerations. In terms of salary growth, banking sector bucks the trends visible on the labour market. Had I even gotten a higher position, I would have had to accept a similar or lower base salary, not to mention I would have given up on a generous bonus.

April 2017
Found a job opening for a senior position in a similar area at the New Factory. I knocked on some doors to senior managers’ offices and shed some tears over my hapless situation. They were meant to play the cards right.

May 2017
I attended a serious of informal meetings with my would-be superiors (would-be boss and his boss) and once they decided they would take me on, I officially applied for the position. For the sake of transparency, a full-blown recruitment procedure needed to be run before they would select me.

July 2017
Meeting with candidates for my position dragged on for weeks and eventually nobody, including me, was offered that position just because the vacancy was either cancelled or put on hold. My hopes were dashed, actually I was not officially turned away. In the HR system my application was not even rejected, I only received a message the process had been completed. Actually since in the meantime my priorities had changed, the loss was not that painful.

September 2017
Shortly before my holidays gossips about substantial reshuffles in the organisational structure were put about. With little hopes to win, I began to wonder how to take advantage of the changes.

11 October 2017
My would-be boss dropped me an e-mail with an urgent request to meet up and asked whether I was interested in that job any longer. I came over, showed some reserved interest and declared I would need to think it over seriously, especially since some time had passed.

12 October 2017
I met a boss of my would-be boss to haggle over my base salary. The basic they offered was some 15% higher than my current one, yet I feared with much lower bonus multiplier, my all-in after-tax remuneration would go down by some 10% – quite astonishing side effect of a promotion, though you must remember bonus multipliers may change any time and the only bonuses you could be certain of are those ones already transferred into your bank account.

13 October 2017
Pay bargaining turned out to be successful. I got more that they wanted to offer me two days earlier, yet still less than what I held out for while applying. I accepted the base salary, bearing in mind how much some of my ex-workmates who had changed jobs recently earn. We nailed down the deal, yet before I sign the annex to my job contract, my promotion and pay rise remain in the realm of gentlemen’s agreements and the New Factory still stands a chance to double-cross me (it can boast of track record of mistreating its employees).

The unexpected goings-on from recent days prove one timeless regularity – the less you care, the better things shape up. Same happened to me a few months ago when after several spectacular mistakes in the love life, I decided to give up on looking for girlfriend. Less than a month later I dated somebody and future still looks bright.

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