Whst is the salary difference between you and your manager?

I know it`s not always easy to determine but what is the approximate salary difference between you and your manager? If you also receive bonus, what is the difference again?

I have 7 years industry experience and my manager has 10years however salary differece is 250%. Hopefully things will change soon.

In relation to bonus, we get it annually but there is significant difference of 600%. We are 4 in a team and the manager excuse is she gets fix quota for us and she has to allocate bonus to all from the same quota though we are entitled to 10% bases salary which the manager could increase based on performance. All of us gets about 3 to 5% but the manager gets nearly 20%.

Comments

  • +3

    How did you find out?

  • +3

    I went to discuss something with manager few weeks ago and she happened to have payslip opened.

    • +1

      Scandalous!!! :O

  • Years of experience is only one factor. There are performers and there are slackers and over the years, the pay gap between the two expands. The same applies to bonuses which should be performance based. Knowing the gap should be a motivation to move upwards.

    • +1

      In my experience knowing the gap gives most employees motivation to quit.

      It's easier to see yourself as ripped off/underappreciated than to try negotiate a higher salary.

      • Typical 'poor me' mentality and that's why the employee is on less and always will.
        These employees' think the employer 'owes them something'.

        Employees who develop themselves and become high performers will always have more access to future development, opportunities and financial reward.

        • I don't disagree with you, but in most cases I've seen across multiple industries it's easier to just juice up your resume & get hired in a similar position elsewhere - then ask for a starting salary higher than you're current wage.

          In my experience most employees aren't intrinsically self motivated; they want the employer to provide development opportunities, and to push them along the track to promotion & pay rises. And if they see a colleague moving past them in pay or opportunity, instead of improving themselves it's easier to blame the boss or just change jobs.

  • About 100% but he has 10 yrs experience and I have 1 year. Government.

  • +1

    it'll also depend on the industry you work on

  • +8

    Managers have to put up with things like this though. You couldn't pay me enough to move into the top ranks just so I had to deal with why Sue is angry at Tom because Betty mistakenly blah blah blah

    • +2

      You couldn't pay me enough

      Not even for 250% of what you're currently on?

      Everyone's got a price.

      • +3

        Everyone's got a price.

        True, true but honestly I'm not sure if it's worth it. I know not everyone is going to be in my position but moving into management for me would mean stopping doing everything I love about work (programming) and replacing it with everything I hate about work (people management) haha. When did I become such a cliche :p

        • It sounds like I'm in the same boat as you. Eventually, the specialist role salaries become limited and the only way to continue climbing would be through to management.

    • +3

      So much this. OP probably doesn't even take half the responsibility of the managers role.

      • I wish!!

  • Over a million is what I estimate. My 'manager' is an executive and is overseas half the time.

    • +4

      so on holidays

  • My CEO gets 373 times my salary.

  • +2

    In my case the step up to my boss' position (which I was offered about a year ago) is about $20k more salary. Before tax that is. A lot less after tax as do not forget that the extra $20k attracts the maximum tax rate you pay and could actually get you in to the next tax bracket depending on your income. Lets say that you currently earn between $87k and $180k gross per year. Any salary increase would attract a total tax of 37% + 2% medicare + 2% budget reapair levy. Total 41%. This does not take into account any loss of centrelink benefit that you may qualify for because you are currently just under the threshold (this happened to a friend).
    If you already earn $180k or more the total tax on your pay rise is 49%.
    So the extra salary in your pocket would be only 59% or 51% of the actual pay rise.
    The stress and burden however in my case would be 100% more. For a mere extra $11k per year?
    No way you would stay awake at night worrying about work for that.

    As bobbifield above says

    Everyone's got a price.

    For an extra $50k…probably…

  • To this day, I still don't know why companies keep such secrecy surrounding salaries. In mind there's a lot of benefit to pay transparency and eliminates a lot of discrimination and provides good incentives. Thoughts?

    • I'm of the belief that each individual is different and they should be valued as such.

      Both the company and the employee have to agree to the level of remuneration at the beginning so it's not like anyone's being forced to offer more or forced to take the pay being offered.

      The salaries probably started off as all being equal for the similar roles. But as time passes by, the company would have to offer different salaries to certain people to entice them to come over to work.

      For example, if Company A requires an accountant and that accountant currently works for company B on $100K/year, Company A might need to offer $120K/year to entice the accountant to come to Company A.

      Meanwhile, all the other accountants in Company A might be getting around the $90k to $100K mark. If the salaries were transparent, there'd be a lot of digruntled accounts in Company A demanding a payrise.

  • Approx 300% on base, based on which $ bonus will be different as well

  • Whst is the salary difference between you and your manager?

    About the same as the length of a piece of string.

  • Your employer has a stupid system of allocating bonuses if your manager can set her own. Professional organisations have their line manager or department head setting a people managers bonus.

  • I used to be an employer. Above award salaries and bonuses were always determined on performance against KPIs. New business growth was always generously rewarded.

    Trying to compare two peoples salaries without knowing the performance against KPIs is a waste of time.

  • As far as salaries are considered, there are many factors that really counts. Work experience, performance and the dedication and interest that person has to serve the organisation. Not only input, the output also matters a lot. If the person is giving his best performance than he gets his salary with maybe 3-5% bonus but if the person is giving his best and it can be seen via anywhere say sales, then he gets a valued bonus. That's the difference.
    Don't waste your time comparing yourself with others and especially the one whose designation is different than yours. Compare yourself with the colleagues of your own department and see if you can't be the best one in your own department, then how can you compete with the people of different departments.

  • +1

    I get about $40k more than my manager. I specialise, he generalises, hence the higher worth to the company. I work in IT.

    How do I know? He tells me because he's unhappy with his rate of pay and he sometimes has a big rant about it. My colleagues in the same team all get significantly higher than our boss.

  • About the same as the manager. Health sector, working for an NGO.

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