Do you think it would be beneficial if I were to wait till after the new year to leave my firm since raises are communicated right after the new year and negotiate salary off a larger number or just leave now and stick to my salary requirements?

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Can’t you just negotiate for a higher salary now? You’re in the driver’s seat. I don’t see why you have to wait to get a raise to ask for more money from a different company.

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Agree with EY1. Not sure the correlation between your future salary with current company and what you can get in the market elsewhere. Unless you think the raise is substantial and will convince you to stay or that staying through (presumably) another busy season will help with offers, I’d just move now.

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I decided not to leave just because if it takes two months for interview and background. Leaving after holidays will leave the firm in a bad position.

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It took me maybe two weeks to get through interviews (did about 5-6) and accepted an offer this Monday starting on 10/10 and background check only took a week. 2 months seems long for the process.

What you currently make doesn't matter. There is no way they verify that during negotiation anyway.

Find a reasonable figure and tell recruiter that it's you're desired salary.

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I’m probably still stuck on what a recruiter told me a few years ago that she didn’t feel comfortable asking for what I wanted because my current salary was so far below (22-25%) my ask. My ask was in line with what the market was paying

This was prior to that law being passed. I believe it went into effect this year

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