You know your score: You’ve been with your company for several years, done a good job, contributed to the bottom line, and generally made the company a better place.
Aside from a 2% or 3% increase in your annual cost of living, you may not see much of a salary increase. Now, as costs continue to rise, 91% of UK adults report their cost of living has risen between June 2022 and July 2022, the Office for National Statistics said. I’m here.
It can be frustrating when a new employee walks in for the same amount or gets paid more. This is called salary compression and occurs when there is little difference in salaries between team members despite differences in areas such as skills, experience, performance and seniority.
Salary isn’t everything, but the Jabra Hybrid Ways of Work: 2021 Global Report, which surveyed 5,000 workers in the UK, France, Germany, Japan and the US, found that 59% of respondents said they were more flexible than salary or other criteria. He said gender is important. The upside it’s still high on most people’s agenda lists, especially given the news that inflation will keep him above 9% until early 2023.
talent squeeze
One of the most common causes of payroll compression today is the much-talked-about talent pressure. This is a situation where companies are competing to acquire talent and fill roles. Hiring managers know they need to increase their salary offers to retain candidates, but are unable to adjust salaries for current employees at the same time.
In the UK, around 3.2% of workers moved to another job in the first quarter of 2022. This points to an environment where finding a new job to earn a better income is the solution. In fact, job seekers know that being a new employee is the strongest position to negotiate higher wages.
So if you’re feeling demotivated and undervalued by salary compression at work, it might be time for a change.
You are not alone. Earlier this year he found that a Microsoft survey of more than 30,000 workers worldwide found that 40% were likely to consider his career change in 2022. Below are three exciting roles to check out. on our job board.
Data Scientist, iwoca
As data scientist At iwoca, we use statistical modeling and machine learning techniques to develop cutting-edge algorithms and Python to create data-driven solutions. You will be expected to derive meaningful and actionable insights from your data and develop the innovative technology behind the platform.
Iwoca is looking for data scientists who love coding and working with raw data. A numerical background with an engineering, mathematics, physics or equivalent degree is required. You should also have a background in probability and statistics and programming experience in Python, Java, C/C++, etc.
learn more about data scientist roll or browse iwoca’s other work.
DevOps Tech Lead, Yapily
What the Yapiries Want DevOps Tech Lead Participation in the DevOps team responsible for building and maintaining the Yapily infrastructure to serve nearly 1 million API calls per day, and all engineering teams in the company.
Deploy microservices to Kubernetes clusters across multiple clouds using Helm charts and ArgoCD for deployment. Demonstrate proven leadership in a dynamic environment of shifting priorities to design, build and maintain a distributed container-based platform. Must have hands-on experience with configuration management tools, build and optimize his CI/CD pipeline for applications, and reduce effort.
find out more about DevOps Tech Lead role or reference Other Jobs Yapilee Has Available.
Soldo, Data Reporting Specialist
Soldo makes it easy to manage your business spending.As Data Reporting Specialistworks with the Performance Marketing team to create visual data representations that address critical business questions and uncover key insights about acquisition campaigns, while appropriately connecting key data sources. implement the strategy of
The ability to tell compelling data stories is essential for communicating trends to technical and non-technical audiences alike. Familiarize yourself with data presentation tools such as Datastudio, Tableau, Power BI, and web analytics tools such as Google Analytics 4 and Tag Manager.
look full job description Or browse other Open positions in Soldo.
About the author:
Kirstie works for Jobbio, a job board partner.
Based in Dublin, he has been a writer and editor for print and digital platforms for over 15 years.