Have you ever used a coworker’s salary as leverage for your own raise? My work bestie makes $25k more than me because she’s a better negotiator, and I’m weirdly proud and furious. We started on the same day, do the same work, and have nearly identical backgrounds, but she walked into the final interview and demanded a signing premium. I’m planning to use her salary as my internal benchmark during my next review without naming names.

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What they earn is irrelevant at this point.

The problem is that if you start low, for whatever reason, you will always be behind unless and until you pass her via a promotion or otherwise. I’ve lived this but it was the one that negotiated. The only negative is that I was well above the midpoint and she was well below so when it was time for raises she got a higher percentage. TBH I never would have know if she hadn’t been such a huge transparency proponent. About 5 years in I turned down an opportunity that she accepted. I had a lot more home-based responsibilities and the promotion involved a lot of travel. She set herself up for success and has now left me in the dust.

What matters now is your role, what you bring to it, and the industry and positional data.

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I am a registered sales assistant which means I have my series 7. I also have the 63 and my Life & Health license. I was a financial advisor but the role is commission only so I decided to take a role as an assistant for some time to learn etc. I really like my role, but I only make 32k a year and after taxes I only take home about 25k. I have a gut feeling that I’m not being paid market value but it’s tough to find comparable salaries. Do you think $15.38/hr is a fair wage in this case?

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