Be prepared to discuss what you bring to the firm and choose your words thoughtfully. Use “soft” words and not “hard” words. No ultimatums. Also don’t take the recruiter’s comments alone. Do a little more research. Sometimes the recruiter’s agenda is to get you to move because it suits them.
But go in, ask for amount, makes no argument except I deserve it. Wait for them to come back with something else, and then explain why. In my opinion it’s better not to give an ultimatum of quitting unless you’re willing to put your money where your mouth is. I just said, look I like it here, I want to be here long term, but I want what I deserve, too. (And shouldn’t they want to invest in people invested in the firm?)
I’ve learned that most of the time they dint care, bring up what you do and how you add value but be prepared to get nothing or walk away.. I’m severely under paid and I’m waiting for my evaluation
You can certainly try. But be prepared to discuss why you've earned a higher raise. If you tell me that the market pays X than I'll tell you to go into the market and find it.
Write down examples to support why you deserve X raise and have examples of what other firms are paying to support your ask. Depending on who you are speaking with at your review this may help you get what you want. Some firms know they are underpaying and they don’t care, but at least you tried.
I have not heard of anyone negotiating through a recruiter (if that means using the actual recruiter to ask for your raise) but I have used info. From recruiters as examples of what the market is paying.
Be prepared to discuss what you bring to the firm and choose your words thoughtfully. Use “soft” words and not “hard” words. No ultimatums. Also don’t take the recruiter’s comments alone. Do a little more research. Sometimes the recruiter’s agenda is to get you to move because it suits them.
Good point!
I just did. $20,000 raise.
But go in, ask for amount, makes no argument except I deserve it. Wait for them to come back with something else, and then explain why. In my opinion it’s better not to give an ultimatum of quitting unless you’re willing to put your money where your mouth is. I just said, look I like it here, I want to be here long term, but I want what I deserve, too. (And shouldn’t they want to invest in people invested in the firm?)
I’ve learned that most of the time they dint care, bring up what you do and how you add value but be prepared to get nothing or walk away.. I’m severely under paid and I’m waiting for my evaluation
Doesn’t hurt to ask but sadly the best way to get a pay increase is to lateral.
True. At the same time, keep your eye on the longterm. Don’t ever jump to lesser firm a for a pay bump
You can certainly try. But be prepared to discuss why you've earned a higher raise. If you tell me that the market pays X than I'll tell you to go into the market and find it.
Pro
Be ready to walk. Lateral market is hot right now and partners such as above will eventually realize that they don’t hold all the power anymore.
Write down examples to support why you deserve X raise and have examples of what other firms are paying to support your ask. Depending on who you are speaking with at your review this may help you get what you want. Some firms know they are underpaying and they don’t care, but at least you tried.
I have not heard of anyone negotiating through a recruiter (if that means using the actual recruiter to ask for your raise) but I have used info. From recruiters as examples of what the market is paying.
Echoing what others said. I didn't just cite the market, I got another offer I was willing to take, talked to my MP and got a match to stay.