Are stagnant salaries a norm? When I was promoted last year my bump was 2% (you read that correctly) and I was told I was previously overpaid so this was now on par for my role. This year another slight bump in pay but hovering near inflation...don't think this was bc of COVID either.

likehelpful
Posting as :
works at
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Do you think you were overpaid for your market? Or was that just an excuse? This year has been tough and an anomaly for all.

I definitely don't think I was overpaid and was at proper market value. Right now I feel like I'm actually underpaid for my current position.

Since this is anonymous.. what city and what is your salary?

Since many holding companies have caps on increases and anchor you to your salary, it’s common to receive lower bumps (if anything). The biggest monetary gains are almost always going to come from a switch to a different agency.

NYC at 105k.

I was poking around interviewing last year and was offered a lesser role at a competing agency at the same salary. I turned it down not wanting to take a lesser title after feeling I worked hard for my current one.

I have an account sup on similar salary as you, managing a similar size team. Seems very wonky to me. Did you check out the real agency salaries spreadsheet to get more context?

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