Being given far more responsibility and a new title. How to ask for a salary bump?

I work in a niche industry (citizenship by investment) and was brought on as relationship manager for those clients. Bosses learned that I own a company in citizenship by descent (related industry) and have brought a book of business to them. They're now opening a citizenship by descent department + placing me as director with reports. How to broach topic of substantial salary increase? How much to ask? Double?

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Posting as :
works at
You are currently posting as works at

Research pay for similar roles in your industry, or related industries with similar responsibilities. Come up with a range and discuss with your employer when they are offering you the new contract. Hopefully they’ve done the same research and are offering a competitive salary. If not, you can share your research with them.

I get your dilemma, that’s a tough one.

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