I am okay with my pay, but knowing that project managers and line managers get paid far more than engineers makes me a bit uncomfortable.
Graduate, Melbourne
Pay is sufficient, but not spectacular. Of my friends from university, I am the lowest paid. BUT I have the best working conditions.
Graduate, Melbourne
it's not directly related to our performance.
Graduate, Melbourne
Its great as of now and I've got no reasons to not be satisfied with current pay.
Graduate, Melbourne
I am personally happy with my pay after circumventing the formal promotion process mentioned previously. But generally, and especially for younger professionals, people are not compensated fairly for the work they do. This is the #1 reason that our graduate retention is so low.
The bonus scheme, however, is quite generous and I feel fairer than many other companies. Depending on the performance of your market area, all technical staff receive a flat % of their salary as a bonus each year.
Graduate, Melbourne
Personally, I think it's better after the recent change, but based on my research on the market for my role, it is still less than the average. In terms of bonuses, other similar software/tech companies are offering bonuses of 15-20%. Ericsson's bonus is only 5%, which is a large difference on top of the disparity in pay already.
However, for my colleagues in other teams, I understand the situation is much worse. This is compounded with the previously mentioned issues about career progression. Especially given the current situation of the economy and raising prices of properties, it is absolutely something that needs to be addressed.
Graduate, Melbourne
I am satisfied with my pay rate at my current job stage.
Graduate, Melbourne
Base salary is below avg but bonuses can be good in a good year
Graduate, Melbourne
Need a raise compared to the workload.
Graduate, Sydney
Pay is sub par.
The only bonuses are the perks of work flexibility and the quality of people. Majority of the recognition is directed at managers and since the Ericsson all stars has replaced Encore, it seems there is even less recognition .
Other (Please specify) - Engineer, Melbourne