I am coming up on my one year review at my company where I had started last Nov. I am 30 years old and have about 12 years of work experience. I also have an MBA and make $60k per year. I spoke with a company regarding employment opportunities and they said that I am extremely underpaid by about $15k. I also have listened to my coworkers stating that their salary of $70k is too low, when they are a) 5-6 years younger than me and b) this is their first job. How do I negotiate for an increase?

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You can try to research average salaries for your position and present this information to your manager as to why you should be paid fair market value. This may work, but more likely than not they’ll just give you a $5k bump at best.

You’re better off finding a new employer who will pay you a fair salary from the start. I have similar credentials as you and at the age of 30 I left a company paying me $85k for a company who paid me $115k.

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Internally THD does 20% increases. Contact your HR Partner to determine the salary range for your role for possible wiggle room. What Supply Chain is paying can be different than what Merchandising or Store Ops is paying. It usually depends on the organization and what you are willing to accept/fight for. Research what your position average salary is also using websites like salary . com and payscale . com

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Im kinda in the same boat…MBA…25 years old. Been at same job since high school. Worked my way up to division manager…only making 74k. Other managers making 90 minimum without any education at all. They’re 40 though so I guess I have to take that into consideration. Best I can likely do is move to a different company.

likehelpful

Can you confirm what you mean by 12 years of experience despite being 30?

I guess 7 years pre MBA and 5 years post

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