Here people mostly brag that they have significantly improved their financial situation after they left here.
I would like that to be the case and there are probably such cases, but I am also a bit skeptical because starting from the beginning very often means agreeing to some worse conditions (at the beginning at least).
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It depends on where you are and your age.
I have seen those under 35 get big raises leaving Xerox and moving away from Rochester NY. But those above that age, and stuck in Rochester, it seems to be a loss for them.
I left Xerox making 51k as a tech. I had excellent numbers and reviews going back years but had not received a raise going back three. I left to be a tech at Amazon for 56k. I ended up losing money because I did not own a car while working at X(Company car). Eight months later I'm a "automation/controls" tech making 62k base but effectively 80-90k with the OT.
I too lost about 20K to take my new job. The trade off was a much shorter commute (40 minute drive to 4.5 miles from my home now) , a guaranteed raise every year, much better benefits, a spacious office vs. a cubicle at Xerox, a prestigious title, grateful coworkers, ability for promotions within the department, and no longer a toxic environment while doing the job of 2 to 3 people.
Made about 20k more after being laid off….and now I only work 40hrs a week instead of 55 so yeah, grass is greener on the other side
The only ones who should be starting over/“from the beginning” are beginners. Any experience at Xerox translates to a better job and salary. even at entry level. Exceptions to every rule exist and this one is no different. Laggards, egoists, blowhards and those claiming roles or skills they don’t have may not see bigger salaries. Others will.
Planner, Buyer and Supply Analyst positions were receiving offers 15-25% more in pay along with better benefit packages ..
Mental health over money... IF you can afford it. Such a sad state of affairs. Too bad wealthy companies won't invest in the one thing that got them there... their employees. If you value the people who work for you, show them the money! Pizza parties don't matter if it's the only time your employees will eat a full meal.
If you are curious about pay at other companies, research and look for yourselves. Apply! What can it hurt? Take a chance and maybe being brave enough to suck at something new will turn out to be the best investment you can make in yourself. You won't ever get the offer letter to find out, if you don't put yourself out there. Imagine getting that raise! Even if you don't apply, start to look simply out of curiosity.
I didn't leave for more money, I left for my own mental health. I make less now, but I'm so much happier. For me, money wasn't my top priority, but I know it is for a lot of people.
Went from colour analyst (83K) to technical troubleshooter at a startup in software at 100K.
I made about 25 leaving that dump Xerox. They way way way underpay. Leave as soon as humanly possible.
I lost about 20K to take my new job. but it's worth every single penny to not work in that he-l ho-e.
I am making 25K more at my new job and I couldn't be happier! Even got a $7500 bonus this year.
Yes, without a doubt.
With regard to non-sales positions, Xerox has paid lower than market wages for at least the 20 years I've been tracking it. Everyone I know who has left in that time (50 or more examples), for the same job at another company, have received at least a 15% bump in pay with comparable benefits (some much better). About half of the ones I know of have received 25-30% more with comparable benefits.
I've complained about it many times because as a hiring manager it's hard to attract and keep the best when they find out what the same position pays somewhere else. HR sometimes comes in and does a token "market analysis" and in all but 3 cases they said we were "in line with local compensation levels". In every case I showed them copies of offer letters the employee shared with me but it made no difference.
It depends on when you started at Xerox and what sort of job you do. I was at Xerox in the 80s and 90s when we had lots of money, and raises and promotions always happened. That slowed a lot after 2000, but I was fortunate to have already reaped the benefits. After that whenever I explored, I found out my salary was way ahead of the industry average, even with the lousy raises in the last 15 years.
All in all my total comp is higher but not by much and I have a dozen less employees and my personality has returned. So theres that 🤷🏼♀️
How much would you pay per year to work for a non toxic company with a sustainable future and growth opportunity?
Not fake news!
Starting over is scary but can be so worth it!
True News.
Fake news.