After 2 years at my company (Multi national company with >1k employees) I was promoted to Senior SWE with a 10% salary bump from 85k to 93.5 I live/work in the Baltimore area which I consider Medium COL. Is this a reasonable adjustment for a senior promotion in this area?

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No. Join FAANG for 300+

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I don’t believe the salary bump is acceptable. That is not a competitive salary bump. As a senior SWE with a decent amount of experience over 5 years you definitely should be making over six figures

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I’d say so, but interested to hear what others think based on their experience.

Well here's the thing, business owners don't pay you on what they think you deserve they pay you on what YOU think you deserve. So in other words, if the offer presented seemed questionable that's your time to negotiate and explain to them why they need you. .

It should probably be a little higher. Maybe 20%.

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