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I Just Quit. Who else is qutting?
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<blockquote data-quote="Lord Nemesis" data-source="post: 1067968" data-attributes="member: 632"><p>Happens at most companies. People who keep moving tend to get more than people who stay at one place. Also many companies have the habit of paying the new joiners more than what a similar grade existing employee is getting. This is a bad practice IMO. This ends up being one of the major causes for dissatisfaction and often encourages the person to leave the company. </p><p></p><p>Recently I heard about a company where they have a policy where by any new joiner will get a package that's least 5% less than what a existing employee of the same grade with certain time at the company is getting. This ensures that the existing employees do not bear a grudge.</p><p></p><p>Personally I have myself not moved from my first company till now (been nearly 6 years) while most of my classmates have moved at least 3 times and one of them even 7 times during the same period. However I am also contemplating on changing this year although not because I am dissatisfied. Frankly for me the work is interesting compared to the usual fare in most other companies and the company has been as fair as it can be as far as appreciation goes considering I got promoted 4 times and salary is nearly 5 times of what I started with and apart from that got various spot bonuses/awards which funded by PS3 and XBOX 360 and other gadget purchases. Some classmates who have moved a lot of times are getting better salaries than me, but then I am the kind who is easily satisfied with what I get as long as it can fund my upgrade disease <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /> </p><p></p><p>The main reason I want to move is because </p><p></p><p>1. My mom wants me back at my home in Hyd or at least nearer to it so I can at least visit often. Currently I visit home only once an year.</p><p></p><p>2. I am really fed up with the bad hotel food here. :ashamed:</p><p></p><p>3. I want to work on something different (though I still have diversity in work at my present company as well)</p></blockquote><p></p>
[QUOTE="Lord Nemesis, post: 1067968, member: 632"] Happens at most companies. People who keep moving tend to get more than people who stay at one place. Also many companies have the habit of paying the new joiners more than what a similar grade existing employee is getting. This is a bad practice IMO. This ends up being one of the major causes for dissatisfaction and often encourages the person to leave the company. Recently I heard about a company where they have a policy where by any new joiner will get a package that's least 5% less than what a existing employee of the same grade with certain time at the company is getting. This ensures that the existing employees do not bear a grudge. Personally I have myself not moved from my first company till now (been nearly 6 years) while most of my classmates have moved at least 3 times and one of them even 7 times during the same period. However I am also contemplating on changing this year although not because I am dissatisfied. Frankly for me the work is interesting compared to the usual fare in most other companies and the company has been as fair as it can be as far as appreciation goes considering I got promoted 4 times and salary is nearly 5 times of what I started with and apart from that got various spot bonuses/awards which funded by PS3 and XBOX 360 and other gadget purchases. Some classmates who have moved a lot of times are getting better salaries than me, but then I am the kind who is easily satisfied with what I get as long as it can fund my upgrade disease :P The main reason I want to move is because 1. My mom wants me back at my home in Hyd or at least nearer to it so I can at least visit often. Currently I visit home only once an year. 2. I am really fed up with the bad hotel food here. :ashamed: 3. I want to work on something different (though I still have diversity in work at my present company as well) [/QUOTE]
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