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Re:How much does employee turnover really cost? by paulddraper on Tuesday January 17, 2017 @03:37PM (#13420949)
> I had made a verbal deal with the previous CTO in which I would be raised in 6 months time after being hired

> My conclusion: never accept verbal agreements again.

Was the verbal agreement not honored? 2-3% after 6 months is not nothing.

It seems your problem was accepted an offer 20% below what you should.

Re:How much does employee turnover really cost? by weaksauce on Tuesday January 17, 2017 @03:45PM (#13421022)
No. Verbal was 6 months: give raise.

Actual was at 6/7 month be told that contingent on performance you would get a raise of 2-3% at 12 months.

Being 20% lower than market rate is definitely the problem and a signal that they don't want to pay appropriately.

Edit: if you don't value your worth appropriately from the get go, why would the employer?

Re:How much does employee turnover really cost? by paulddraper on Tuesday January 17, 2017 @06:12PM (#13422410)
> raise of 2-3% at 12 months

Ah, I missed that was delayed.

Re:How much does employee turnover really cost? by enraged_camel on Tuesday January 17, 2017 @03:47PM (#13421035)
>>It seems your problem was accepting an offer 20% below what you should.

Yes, that was indeed his mistake.

And so was expecting a 20% raise six months after being hired. That is, frankly, a ridiculous proposition.

Re:How much does employee turnover really cost? by freehunter on Tuesday January 17, 2017 @03:58PM (#13421119)
Agreed that taking the low-paying position was a mistake if pay was a priority. Disagree that expecting a raise at the time he was verbally promised a raise was his mistake.
Re:How much does employee turnover really cost? by EpicEng on Tuesday January 17, 2017 @08:41PM (#13423316)
He wasn't promised a 20% raise