The June 2017 selections have the same wrinkle with the year dates being a year plus 3 weeks for some reason. But this post is very confusing to me. Doesn't your offer get the 1.6 anyway? Aren't the offers adjusted with raises? Otherwise you'd be forfeiting that 1.6 forever. It'd be a huge deal.
Can someone clarify?
@breakaway2000
@MJ
The way I always believed it would work is the 1.6% is based on the facility you're currently at when the raise goes into effect.
Ex. (for simplicity sake
Current pay 100k
New pay 130k
1.6% at current facility =
101,600
50% on the go = 130k - 101,600 = 28,400/2 = 14,200
Starting Salary = $115,800
Certified Salary = $115,800+$14,200 = 130k
Assuming no raises while training, the raise disappears.
How HR described it to me was the opposite (but if Jdatc has already been through it, then what they said and what actually happens are two different things)
HR said that even if you're going in July (on a year+ release date aka selected on the June panel), they would count the 1.6% after the 50% on the go
Ex.
Current pay 100K
New Pay 130K
50% on the go = 115K
115K * 1.6% = $116,840.
Certification Salary = $131,840.
You would then get to keep that raise every year for the remainder of your career ( a huge difference).
Unfortunately if Jdatc has experience the exact opposite, the person I spoke with from HR was incorrect.