Monday, November 21, 2005

The Compensation Saga Continues

The new pay band structure has been released and it appears that I will get a small raise. I am at the top of my current pay band, but in the new pay band structure, my current pay falls between step 4 and 5 (there are 5 steps in each band). I have been at step 5 for 2 years in the current pay band. Not sure what this means in terms of retroactive, current and future pay. A letter detailing our placement in the pay band and calculations for retroactive pay is forthcoming. The mystery continues.