New recruits being offered better pay

Both myself and others in this position are not eligable to apply for this position end of, we have been told. It has just been laid out to us that we are with the company to reach our career goals, that is all we should be concerned with.

Why are you not eligible to apply? Are they seeking staff with more experience than you have or with more qualifications? If a job is publically advertised, any qualified member of the public is entitled to fair treatment. While it might appear that the new staff are doing the same job as you, it would be worth checking the requirements for the new candidates and seeing if they are looking for more experienced/qualified people. If they are, they are justified in offering higher salaries etc.
 
HR have advised that the recruitment company took the liberty of posting up the salaries. They advised we are not eligable to apply as we already hold the position on offer.

To be honest this is all falling on deaf ears...
 
Sounds like the agent made a huge mistake posting up the new salaries. I'm suprised the company didn't drop them instantly.

In general it is an employers market but not is all areas. I'm sure the €11k extra reflects the price that the company needs to pay to fill the position with a suitably qualified candidate.

Chances are that if you look aound you will find a similar salary out there.

Most likely, if you get offered a new job and hand in your notice, they will offer you the bump in salary. Even if they do, the whole situation would leave a bad taste in my mouth and I would get out of there anyway.
 
There is only one way to rid yourself of this issue.

Seek a new job and then you hand in your notice. If they offer you 11k more to stay then you can take it or still move to the new job. If they don't offer it to you, then it appears that irrespective of your performance assessments they don't rate you the way that you think they do.
 
Are you sure that the Terms and Conditions for the new recruits are the same as yours? You are permanent, the new recruits may be on a contract. Are you on a pay scale, are they? How about pension etc?
 
If this company is in the IFSC would assume it is some type of bank - thought in the present time Banks were cutting or freezing pay not trying to pay more!!
 
Not been on here for a while, but good news to report. After spending many weeks frustrated and worn out argueing, debating and stating my my case they came back and got approval to give me the payrise.

I'd like to say it was easy but it wasnt, thanks to all for your replies, if anyone else is in the same situation just fight your corner (if your right that is ) thye matched the salary on offer and acknowledged it was a mistake on the agencies part.

On the up side i had gone out and applied for other positions elsewhere so I now have an interview lined up plus the raise.. light at the end of the dark tunnel.

It seems in the industry business is picking up again, there are a number roles becoming available across the banks in city so just keep looking!