Found out a colleague of mine has been paid about 8K more than me for a year. I feel our prior ops/work experience is comparable - but I didn't negotiate my starting salary($60K) then ($72K).

During my salary review, I was offered 10K more to bring it up to $82K and told the colleague was not getting a raise, and that I would then be in front of him financially.

I am a high performer and told my output is double compared. Market range is offering 90-120K and I want to ask for it.

How?

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I don’t know how. But I told this story many times, negotiation vs non-negotiating led to pay discrepancy of 70k over 3 years, 2 data point from former colleagues.

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Yikes! Makes a big diff at life long earning potential.

It is what it is as I’ve been trained under them. The irony is my experience in their business shouldn’t be used against me, it should be more valuable than experience in the unknown.

Show them the proof points that your market is paying that, honestly you and your coworker should pair up and both ask. Sounds like you’re both GROSSLY underpaid if that’s your true market rate. Power in numbers.

Also, consider moving companies - the best increases will usually come with a fresh start, at least at our level

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Love that idea of better for both, thank you

Collect all the positive praise you’ve received since your last performance review. Then, develop a plan for how you aim to enhance company operations. Talk to the management afterwards. I suggest it would be even better if you could secure a counteroffer and leverage it to get a pay raise.

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Good ideas thank you for your thoughts!

**Update I’ve accepted a $140K package elsewhere in superannuation rather than fintech **

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