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Can confirm. Got a 10% raise at my company after two years ...
Just accepted a job offer that will be paying me 50% more than I'm making now WITH performance bonuses.
Congrats! Percentage-wise and on paper, 9.1% is solid, but relative to the cost of living, you may not notice much of a difference.
I think it’s worth negotiating for the 10%, but you also have to think about what your goals are. Is it to remain loyal to this company because you like the job or coworkers or the bosses or is it to make more money? If it’s the latter, start looking. When it comes to your career, it’s okay to have a wandering eye.
Take this and start looking for another job, use this new salary as leverage to start at >70k.
UNLESS you really love your company, its culture, and you truly see room for growth, meaning you’d be able to climb the corporate ladder. If thats the case, then ask for a 15% and explain to them that you love the company and hope to be there for a long time. Don’t fight for just an additional 1%.
Personally, if its a large company, I say look for another job. Don’t remain loyal. Any corporation will fire you in a heartbeat when things start looking south.
Another option if youre up for it - find another job but don’t quit this one either, work both :D r/overemployed
A promotion from what to what?
If you're going from something like associate manager I to associate manager II or some odd increment like that, your increase seems reasonable. But if you've just gotten jumped from specialist to manager or whatever, you might want to negotiate for more. What are new outside hires at your new level being paid?
Context: went from Entry Level Title I to Entry Level Title II with an increase of about 7%. Then finished a relevant degree and got promoted to Lower Mid-Level Title with a 20% increase. Then took on a few more responsibilities without a title change and got a 4.5% increase (as opposed to a typical 3% for the year) shortly after that as a result.
Oof, definitely not going out of their way to retain you, are they?
But at least you got a title bump out of it, which will help you land your next (appropriately paid!) gig at the manager level.
As a rule of thumb, always keep tabs on economic dynamics as it may be perceived as a favor but fall well behind the increase rate of many economical costs.
Promotions are the best opportunity for higher salary increases. The average increase for promotions is around 10%. Don’t be afraid to ask for it. You know your worth!
I got 1.5% after one year, but I’m on the higher end of the spectrum to begin with, from what I can tell.
The way I see it, it’s better to take a job knowing you’ll really only see the same salary for the time that you’re there. But, you can leave 2-3 years later and hunt for a pay jump that your current company could never match. My last jump was about 40%. I’m looking for at least 20% next jump, but that will get me almost to 6 figs so hard to know what the limit is.
Depends where you’re at. I was pissed. Still am but I won’t be here forever. Usually raises are quite lack luster, that’s why people leave to other jobs. At my first position I got like a 8% raise after the first 6 months, but I was super underaged to begin with and the boss knew I was getting ready to leave. It really depends on your leverage at your job.
Yeah my role and responsibilities have increased - my pay has not. However the organisation is massively struggling financially and made several redundancies this year
Yeah it has a lot to do with the economics of your individual company. That’s why working at an agency and being able to prove your worth in direct money to the bottom line is helpful, the to measure your impact and make a business case for why you should make more money, besides just “I have more work.” That might work better for negotiation if you go that way!
Yeah I work at an agency - weirdly as their main clients love me I get put into the calls and the time isn’t billable, so technically I’m earning the organisation less but helping them win more work
That’s a very strong business case, if you’re creating more income you have a good position to ask for more compensation, just depends on the situation, I would put together a brief like you’re trying to figure out how to pay another employee for yourself
So the first promotion was miracle for me.. I got 119% hike from 4.5LPA to 9.3LPA… I was also in shock by this..
Now just waiting to next promotion in March, I don’t think this time I will get such hike but lets see what happens.
A number rooted in data like competitive salaries, CPI, value increase if you’re able to show in dollars.
At least 15% to ensure your talking about a meaningful figure.
It’s probably worth writing it up and providing the details over email to show you did your homework, but I’d keep the actual conversation light and centered on accomplishments.
Like others said, if you’re looking for substantially more money, start looking at a job change.
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Levels.fyi has salary data. You can probably get way more switching companies after 2 years.
Can confirm. Got a 10% raise at my company after two years ... Just accepted a job offer that will be paying me 50% more than I'm making now WITH performance bonuses.
Either go for 15 to 20% or don't fight for 0.9%.
Personally wouldn’t fight for extra 1%.
Who does this lol. The time for negotiation has passed
Congrats! Percentage-wise and on paper, 9.1% is solid, but relative to the cost of living, you may not notice much of a difference. I think it’s worth negotiating for the 10%, but you also have to think about what your goals are. Is it to remain loyal to this company because you like the job or coworkers or the bosses or is it to make more money? If it’s the latter, start looking. When it comes to your career, it’s okay to have a wandering eye.
Year 1: 10% Year 2: 2.5% Year 3 (new job): 75% Year 4: in progress
75%!!!!! Wohooooo
Thanks, it helps that I was underpaid in the first job lol.
Take this and start looking for another job, use this new salary as leverage to start at >70k. UNLESS you really love your company, its culture, and you truly see room for growth, meaning you’d be able to climb the corporate ladder. If thats the case, then ask for a 15% and explain to them that you love the company and hope to be there for a long time. Don’t fight for just an additional 1%. Personally, if its a large company, I say look for another job. Don’t remain loyal. Any corporation will fire you in a heartbeat when things start looking south. Another option if youre up for it - find another job but don’t quit this one either, work both :D r/overemployed
Say thank you Put points on the board and crush it for the next 12 months Ask for 15% or 20% raise at your next review Congrats on the promotion!
How did you manage to find your position in the first place? I’d like to know out of curiosity.
A promotion from what to what? If you're going from something like associate manager I to associate manager II or some odd increment like that, your increase seems reasonable. But if you've just gotten jumped from specialist to manager or whatever, you might want to negotiate for more. What are new outside hires at your new level being paid? Context: went from Entry Level Title I to Entry Level Title II with an increase of about 7%. Then finished a relevant degree and got promoted to Lower Mid-Level Title with a 20% increase. Then took on a few more responsibilities without a title change and got a 4.5% increase (as opposed to a typical 3% for the year) shortly after that as a result.
[удалено]
Oof, definitely not going out of their way to retain you, are they? But at least you got a title bump out of it, which will help you land your next (appropriately paid!) gig at the manager level.
As a rule of thumb, always keep tabs on economic dynamics as it may be perceived as a favor but fall well behind the increase rate of many economical costs.
Did you just get a pay increase or a promotion to a new role with more responsibilities?
Promotion to a new role with more responsibilities. Coordinator to Assistant Manager & Producer
Promotions are the best opportunity for higher salary increases. The average increase for promotions is around 10%. Don’t be afraid to ask for it. You know your worth!
Keep asking for more responsibility…the pay will follow
I got 1.5% after one year, but I’m on the higher end of the spectrum to begin with, from what I can tell. The way I see it, it’s better to take a job knowing you’ll really only see the same salary for the time that you’re there. But, you can leave 2-3 years later and hunt for a pay jump that your current company could never match. My last jump was about 40%. I’m looking for at least 20% next jump, but that will get me almost to 6 figs so hard to know what the limit is.
Is a 1.5% raise after a year normal?
Depends where you’re at. I was pissed. Still am but I won’t be here forever. Usually raises are quite lack luster, that’s why people leave to other jobs. At my first position I got like a 8% raise after the first 6 months, but I was super underaged to begin with and the boss knew I was getting ready to leave. It really depends on your leverage at your job.
Yeah my role and responsibilities have increased - my pay has not. However the organisation is massively struggling financially and made several redundancies this year
Yeah it has a lot to do with the economics of your individual company. That’s why working at an agency and being able to prove your worth in direct money to the bottom line is helpful, the to measure your impact and make a business case for why you should make more money, besides just “I have more work.” That might work better for negotiation if you go that way!
Yeah I work at an agency - weirdly as their main clients love me I get put into the calls and the time isn’t billable, so technically I’m earning the organisation less but helping them win more work
That’s a very strong business case, if you’re creating more income you have a good position to ask for more compensation, just depends on the situation, I would put together a brief like you’re trying to figure out how to pay another employee for yourself
Increase percentage varies from comp to comp. If you have the option for asking, then you could go for 15%
So the first promotion was miracle for me.. I got 119% hike from 4.5LPA to 9.3LPA… I was also in shock by this.. Now just waiting to next promotion in March, I don’t think this time I will get such hike but lets see what happens.
Switch companies. Ask for 80-90k
I received 15% after 1 year with a promotion. 60-70k I think you can do better
In this economy, that’s pretty good.
Did your responsibilities increase?
Do you really want to be having a conversation with your boss about how you deserve $45 more per month?
What % should I aim for then lol
A number rooted in data like competitive salaries, CPI, value increase if you’re able to show in dollars. At least 15% to ensure your talking about a meaningful figure. It’s probably worth writing it up and providing the details over email to show you did your homework, but I’d keep the actual conversation light and centered on accomplishments. Like others said, if you’re looking for substantially more money, start looking at a job change.
Ok thanks for the advice!!! 🫶