I have been offered a promotion with my company. With my current role, I have a salary and am overtime eligible. YTD I have already worked enough overtime to essentially be a 5% raise, and am on track for just as much OT for remainder of year (expected 10% by end of year). The promotion is only offering a 6% raise from my base salary and loses overtime eligibility while taking on much more work. They will not negotiate for higher. How do I politefully handle this?

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With math. Just like you broke this down for us, break it down for them. Say “I’m simply not in a position to do this because there is no return on top of investment”. Let them “promote” someone else who can afford to eat and pay bills with a title because no.

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If you end up making less in the end decline the offer and search for something that has a higher base pay

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I'd be asking for a minimum of 10% increase. 6% for a promotion is pretty weak. Look at competitors and see what ranges they are paying. Worse case take the promotion use it on your resume and interview

It is common practice to look at someone’s ytd earnings broken down if they are going from non-exempt to exempt. I would ask them to see what you have done ytd.

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