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Hi Fishes,
This is on behalf of a friend .Can someone please put on some light on the below query ?
Company : Morgan Stanley
Designation : Associate - Global
Role : Compliance Technology Strategy
Division : Legal and Compliance
How is this position for a BE+ MBA , total 3+ years of IT experience in top MNC.What would be the expected CTC and next hierarchy designation ( after a promotion ) ? Morgan Stanley
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Has anyone done the Blackstone pymetrics?
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Definitely go in with the expectation to justify why you deserve more money. Have a list of the extra responsibilities you've taken on and show how you've been managing your time and helping out your team. Wanting a raise is not enough; sometimes, you have to show them why you deserve it.
Rising Star
How long have you been working under increased workloads? Did you volunteer for the extra work, or was it delegated to you?
If you’ve been there for two years and received two raises, when did you receive your last raise? I probably wouldn’t give you another raise for at least a year from your last one…
How much? I’d say it depends… how critical is your job function? How has your performance been? I’d max out around 10%, and that’s aggressive… 5% is more manageable… 2-3% is standard…
If you've been taking on more responsibility and doing more work in your role, you're well situated to ask for a raise. Make your progress the focus of your argument. You're a more valuable and productive employee now than you had been and your compensation should reflect that. That's a good case to make.
Rising Star
Use your increased responsibility as justification. Be prepared to show examples
Conversation Starter
Make sure to have documentation of work that you've done that warrants a raise. Archive any emails where people told you "good job" or that you saved them time, or really anything along those lines.
Conversation Starter
Shoot your shot