Hey guys I am current senior analyst at BNY. I am transferring from Pittsburgh to NYC office (per my request.) Should I expect/ask for a raise due to the cost of living difference and how would I approach it?

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Generally, if you specifically requested the office transfer, you will not get a COLA adjustment (I'd moved from a LCOL to Chicago awhile ago and raised this as well, no adjustment). Doesn't mean you can't try though.

Would suggest something along the lines of what you currently do for the firm, what additional benefits the company will get from you for being based in NYC, and how your compensation should be adjusted to reflect those benefits

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Thank you! That was my fear and understanding. I know COL is much higher but since it was my request didn’t expect any adjustment would be made. At least gives me some leverage to negotiate a higher salary outside of a standard increase. Appreciate the thoughtful feedback.

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