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Author: calengr Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1625  
Subject: No raise for passing PE exam Date: 1/22/2004 11:13 PM
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Found out 5 weeks ago I passed the October Civil PE exam. 3 weeks ago, supervisor asks me to take Structural I exam in April. Annual interview a week ago, supervisor says unlikely I'll get any significant raise for this year (my raise is actually determined by HIS boss, without any input from my supervisor).

My boss predicts 5% this year like every other time. I am told I will almost certainly be offered equity partnership in the company this year - was up for it last year and got passed over, then told to "wait just one more year". Being an equity partner with this company is the difference between making some serious money - average return on equity the past 50 years is around 28% per year - and being a peon, third class. Sounds good, however, I have to pay for the equity stake, so it is not the greatest thing since sliced bread.

Passing the PE (having a license IS required for my job, BTW) doesn't seem to have made any difference to the company; anyone else get this when they got licensed?

Or did you get a nice 20% raise/bonus ( or both)?

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