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Update for anyone interested: got the nod on a promotion, and put myself out there on comp and they agreed I was being underpaid (boss called me offline to tell me so) so they will decide on a number next week. Thanks for the advice, I’ll check back in when they get me back with a number
Congrats. FMV FTW.
If it’s the end of the fiscal year the budget may have been already finalized. It may be decided for you already, regardless of what you say.
Research on what the market is paying for your current level and the next level.
Articulate your accomplishments, including the positive feedback from your peers, supervisors, and direct reports, and tie them to both your trajectory to the next level and the compensation benchmarks based on your research.
I would also manage your own expectations.
Are you at a boutique?
Yes, I’m at a small strategy firm out of Chicago